Nov. 12 at 9:51 PM
$WEN On a Tuesday night in Birmingham you can barely get a table in any restaurant. When you do, people pay
$100 a head to eat.
The value proposition of fast food is absolute toast. In Cincinnati the Mexican restaurants are packed to the gills. Sometimes it's cheaper than Wendy's (literally). I can eat whatever I want and it's only a few dollars more than Wendy's.
I like Wendy's, but the fast food industry is fucked and there is nothing on the horizon indicating a recovery.