First off, I'd like some serious answers here, not spam. Please and thank you.
My "friend" needs some advice.
So, to start off, "My friend John" works retail. The retail "John" does is what he plans on doing forever. Right now he's 'a' store manager, one of two. He's been doing this job for six years, and managing for about half that.
The owner of the business has found an investor willing to buy (seriously) a couple million dollar strip mall. The owner will run it, and share the profit.
He has told "John" he intends to move "John" to the new location as the store manager. They haven't talked pay yet, so "John" would like to have some ducks in a row before he does. ("John" currently corresponding with some other owners in this line to get some ideas of what they pay their store managers)
My question is, knowing the next few things I'll list, what do you think the job is worth? Pay wise.
-Currently "John" makes 30k-35k a year as 'a' store manager. (hourly, hence the range he likes being hourly, still get paid vacation and flexible shifts)
-The business generates well over $1 Million in Revenue each year
-The new store "John" would be running is well over twice the size (or will be shortly) of their current location.
Thanks in advance