Wages stall as fast-food corporations squeeze franchisees

This browser does not support the video element.

Want to talk about the news of the day? Watch free streaming video on the KIRO 7 mobile app and iPad app, and join us here on Facebook.

SEATTLE — It's estimated your local McDonald's grosses $2.6 million a year. Wendy's grosses nearly $1.5 million in revenue and Burger King about $1.2 million.  Despite that, industry expert Sam Oches believes a $15 minimum wage will lead to job losses and higher prices.