McDonald's: Difference between revisions
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=Links= | =Links= | ||
*[[Chick-fil-A]] | *[[Chick-fil-A]] | ||
*McDonald's franchise FAQ - [https://www.mcdonalds.com/us/en-us/about-us/franchising/franchising-faq.html] | |||
Revision as of 15:39, 1 May 2020
A successful franchise worth studying. Franchise startup costs $500k cash down, and total of $1-2M. 4% franchise fee monthly + facility rental fee.
https://www.thebalancesmb.com/requirements-to-open-a-mcdonald-s-franchise-1350970
- Gross of USA McDonald's is $2.7M on average according to the article above. Net is $150k average (global?) - [1]
- Interestingly, chick-fil-a accepts 80 of 20,000 applications per year, but has only a $10k franchise fee. It has a unique business culture.
Links
- Chick-fil-A
- McDonald's franchise FAQ - [2]