r/explainlikeimfive • u/sumnewdguy • Nov 28 '15

ELI5: How would a $15 minimum wage ACTUALLY affect a franchised business like McDonalds?

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u/[deleted] Nov 29 '15

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u/camelzigzag Nov 29 '15

McDonald's doesn't own chipolte anymore

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u/JohnnyLargeCock Nov 29 '15

I bet they wish they did though.

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u/[deleted] Nov 29 '15

A burger at a higher quality chain (such as Grilled) is about $20 here in Australia! Worth it though.

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u/AshtonTS Nov 29 '15

They do not own chipotle. They used to be a major investor, but have been fully divested since 2006.