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Entrepreneur's Complete Guide to Buying a Franchise Business |
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Franchise Prospector » Success StoriesMcDonald's Franchising InformationJoining the McDonald's FamilyMcDonald's has always been a franchise company. If you want to be a part of an American tradition, here are details about becoming a franchisee. McDonald's seek individuals who meet the following criteria:
Cost of a McDonald's FranchiseTypically, a new McDonald's restaurant ranges from $466,000 -955,500 USD. The size of the restaurant facility, area of the country, pre-opening expenses, inventory, kitchen equipment, signage, and style of decor and landscaping will affect new restaurant costs. These costs are paid to suppliers. In addition, at the time of opening, an initial fee of $45,000 USD is paid to McDonald's Corporation for all new restaurants. The initial cash investment is a minimum of $175,000 for a conventional purchase or $100,000 for a Business Facilities Lease. McDonald's does not offer any financing to franchisees, nor does it franchise to partners or investors. To you this means that you cannot borrow money from relatives, friends or associates for the franchising fee, as this would enter you into a partnership with your lender. McDonald's requires franchisees to devote their full time efforts to their business and divest themselves from other business interests. Speculative EarningsProfitability varies depending upon a number of factors, including sales, location, occupancy and operating costs and the ability of the franchisee to manage and control the business. Questions related to profit and loss are discussed during a later stage of the selection process. Site SelectionMcDonald's develops a franchise location because they think it will be successful without regard to who the franchisee may be for that specific location. McDonald's does all of the site evaluation and selects the location. McDonald's acquires the property, improve the site and construct the building. The franchisee is responsible for equipping the facility with all necessary items of kitchen equipment, seating and decor, signs and landscaping, etc. As sites are developed, we offer them to candidates who have already completed training and are approved to become owner-operators. As a McDonald's franchisee you will receive:
For further information regarding purchasing a franchise, call McDonald's Franchising Department at (888) 800-7257. If you need general information or have questions about McDonald's not related to purchasing a franchise, please call (630) 623-3000. McDonald's is an equal opportunity franchisor. BACK TO: Latest Trends at McDonald's |
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