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No. I don't believe in what they stand for and I do believe in time they will fall because of what they stand for UNLESS they change which they probably will.
Not at all
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9Opinion
Acquiring a McDonalds franchise requires you to have no partnerships or investors. Costs will vary, but in addition to a $45K initial franchise fee, MD will want to see a minimum of $1.5 million ($2 million would be better) to cover startup costs. Understand that this is just for the restaurant, you will have to own the land it sits on or have a twenty year lease the land.
Once you are open for business, you owe MD a 4% service fee on gross sales paid monthly along with 4% on gross sales paid annually for advertising and promotion purposes. That's not bad compared to Taco Bell or KFC, who want up to 5.5% of the take.
How much will you make? Ignoring the COVID nonsense which closed everything down, most locations pull down $2-3 million per year in gross receipts. Like every business, location is the key. Even so, ever rising food costs, as well as rising labor costs makes selling fast food a lot less profitable.
I wouldn't consider a new startup franchise right now, but it's your money and your call. Good luck.
Yes, if it was in a good location. You hardly ever see a McDinks ever go out of business. Several Burger Kings have closed in my area.
I like their fries! I visit about once every 2 or 3 years!
A friend's dad has a couple of them so I would if I had the money to spare
You'll get a whopping 50k as a franchise owner a year
Nope. Far better investment opportunities out there.
No my Loyalty stands with Burger King
No way.
Nope
Nope
Yes I would
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