A McDonald's location has closed its doors after more than 30 years in business.
SAN FRANCISCO - FEBRUARY 09: A sign stands outside of a McDonald's restaurant February 9, 2009 in San Francisco , California. , a McDonald's location just eight miles outside of downtown San Francisco , California has closed its doors Sunday after more than 30 years in business.
According to the outlet, Rodrick cited a number of reasons for why the decision was made to close the McDonald's. Continuing, Rodrick noted that the cost of operating a business in San Francisco had continued to rise at a historic pace, adding that the recent state-wide $20 minimum wage hike had contributed to financial strains of operating the business.
Mcdonald's Closing Rent Costs Minimum Wage Scott Rodrick 30 Years
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