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California's $20 Minimum Wage Forces Longtime McDonald's to Close

San Francisco franchise owner cites high operational costs and legislative changes as primary reasons for shuttering after 30 years.

  • The McDonald's at Stonestown Galleria closed after failing to renegotiate rent and facing increased operational costs.
  • Owner Scott Rodrick attributed the closure to California's new $20 minimum wage law, high property taxes, and mall fees.
  • Rodrick's decision reflects broader challenges for fast-food franchises in California, with several other chains also shutting down.
  • Employees from the closed location were offered positions at nearby McDonald's restaurants.
  • The new wage law has led to price increases and reduced foot traffic, impacting overall profitability for fast-food chains.
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