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03-28-2009, 05:05 AM #31
One of my friends dads owns a couple of McDonald franchises, he is ballin' out of this world.
03-28-2009, 05:16 AM #32
03-28-2009, 07:59 AM #33
I've given up on Mickey D's. Had a burger and fries from there the other day but couldn't finish either since it made me feel like puking. It's a shame because we don't have many fast food places here.
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03-28-2009, 08:14 AM #34
hm. when i am staying in the us i never eat at mcd´s, ya guys have so many other fine ff places...
In germany on the other side mcd is pretty goodYOU KNOW THE GUY WHO GETS EVERYTHING? - I AM THAT GUY ON CRACK!!!
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03-28-2009, 05:09 PM #35
I was on a road trip last week, and one of the MCD's in CT had Chicken selects priced at $10.....$10 for 5 chicken finger from MCD's - WTF?!
I wonder if individual franchises dictate pricing, or corporate sets the prices?
03-28-2009, 05:23 PM #36
The founders of McyDs are from my home state of NH, and one of my friends grandparents was offered the opportunity to move to CA and become partners whit the owners when they opened the very first store. It's their loss, not mineNo Doubt!
03-28-2009, 05:26 PM #37
- Join Date
- Nov 2008
03-28-2009, 05:31 PM #38
03-28-2009, 06:22 PM #39Senior Member
- Join Date
- Nov 2008
Purchasing Your Franchise
Most Owner/Operators enter the System by purchasing an existing restaurant, either from McDonald’s or from a McDonald's Owner/Operator. A small number of new operators enter the System by purchasing a new restaurant.
The financial requirements vary depending on the method of acquisition.
Financial Requirements/Down Payment
An initial down payment is required when you purchase a new restaurant (40% of the total cost) or an existing restaurant (25% of the total cost). The down payment must come from non-borrowed personal resources, which include cash on hand; securities, bonds, and debentures; vested profit sharing (net of taxes); and business or real estate equity, exclusive of your personal residence.
Since the total cost varies from restaurant to restaurant, the minimum amount for a down payment will vary. Generally, we require a minimum of $300,000 of non-borrowed personal resources to consider you for a franchise. Individuals with additional funds may be better prepared for additional or multi-restaurant opportunities.
We require that the buyer pay a minimum of 25% cash as a down payment toward the purchase of a restaurant. The remaining balance of the purchase price may be financed for a period of no more than seven years. While McDonald’s does not offer financing, McDonald’s Owner/Operators enjoy the benefits of our established relationships with many national lending institutions. We believe our Owner/Operators enjoy the lowest lending rates in the industry.
During the term of the franchise, you pay McDonald’s the following fees:
- Service fee: a monthly fee based upon the restaurant’s sales performance (currently a service fee of 4.0% of monthly sales).
- Rent: a monthly base rent or percentage rent that is a percentage of monthly sales.
Last edited by bulliondesk; 03-28-2009 at 06:25 PM.
03-28-2009, 07:19 PM #40
micky D's is the best