Are you willing to know the McDonald’s Franchise Cost & Opportunities? Yes, then you are in the right place. Here, in this post, we have discussed everything related to McDonald’s Franchise and its cost. McDonald’s has a unique franchise model that empowers local entrepreneurs. Franchising in the right way can lead to various benefits. Let’s now check the McDonald’s Franchise Cost & Opportunities in detail.
McDonald’s Franchise Cost & Opportunities 2019
McDonald’s restaurants are located in more than 100 countries around the globe. Among which, more than 90% of our restaurants are owned and operated by independent franchisees. Unlike a usual franchise system, McDonald’s make the decision to develop a location. It manages all the site evaluation, acquires the property and constructs the building. After making the decision to develop a site, McDonald’s awards the franchise to the most qualified candidate. To be a qualifying candidate, you need to fulfill the requirements such as franchise costs and standards. In order to know the McDonald’s Franchise Cost in detail, read the complete post.
McDonald’s Franchise Cost
The total cost required to own a franchise varies from restaurant to restaurant and so the minimum amount for a down payment will also vary. In general, a minimum of $500,000 is required. The amount should be of non-borrowed personal resources to consider you for a franchise. An initial down payment is 40% of the startup costs (to own a new restaurant). And, 25% of the total cost (to own an existing restaurant). You can also own more than one restaurant if you have the ability to operate the business effectively. To conclude, a McDonald’s franchise requires a total investment of $1-$2.2 million, with liquid capital available of $750,000. The franchise fee is $45,000. You can Participate in mcdvoice McDonald’s customer satisfaction survey online.
McDonald’s Franchise Cost – Ongoing Service Fees of McDonald’s
During the term of the franchise, the franchisee pays McDonald’s the following fees:
- Service Fee: A monthly service fee is charged based on the restaurant’s sales performance. As of now, a service fee of 4% of monthly sales is charged.
- Rent: A monthly base rent or percentage rent that is a percentage of monthly sales is also charged from franchisees. McDonald’s usually owns the property, and also acts as the landlord.
McDonald’s Franchise Opportunities 2019
It is a golden opportunity to become a McDonald’s franchisee. As a McDonald’s franchisee, you will experience personal growth and gain management skills that are extremely useful for business expansion or growth. Individuals with significant business experience who have successfully owned or managed multiple business units or have led multiple departments and who have significant financial resources can find their market to own a McDonald’s Franchise. The profits depend on many factors including operating and occupancy costs, financing terms and most importantly, your ability to operate the business effectively. To know more about McDonald’s Franchise Opportunities, visit the official website of McDonald’s Survey.
That’s all about the McDonald’s Franchise Cost & Opportunities 2019. We hope that this information was useful for you. If you still have any questions regarding this post, let us know them through your comments.
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