McDonald’s Franchise Cost & Opportunities 2019

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Are you looking to own a McDonald’s Franchise? If yes, then check out the McDonald’s Franchise Cost & Opportunities 2019. Here we have updated all the information that you need to know if you want to open a McDonald’s Franchise.

McDonald’s Franchise Cost & Opportunities 2019

McDonald’s restaurant was a hamburger stand owned by Richard and Maurice McDonald in California and its first store was opened in 1940. In 1954, a man named Ray Kroc bought the company and now it has grown to more than 30,000 restaurants worldwide. McDonald’s restaurant is a well-recognized brand in the entire world and owning a McDonald’s franchise can be a lucrative business. McDonald’s has been a franchising company since 1955 and has relied on its franchisees for business expansion and success. McDonald’s is the leading fast food restaurant which nearly has 13,000 McDonald’s franchises within the US and over 17,000 franchises outside the US. Below, you can check the McDonald’s Franchise Cost in detail. If you want to give any feedback to Mcdonald’s visit Mcdvoice.com official website.

McDonald's Franchise Cost & Opportunities 2019
McDonald’s Franchise Cost & Opportunities 2019

McDonald’s Franchise Cost

A McDonald’s franchise requires a lot of investment. An initial down payment is required when you are thinking to purchase a new restaurant. That is, franchisees are required to pay 40% of the startup costs with cash. If you are thinking to purchase an existing restaurant then you are required to pay 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 residence. Since the total cost varies from restaurant to restaurant, the minimum amount for a down payment will vary. Generally, you need a minimum of $500,000 of non-borrowed personal resources to be considered to open a McDonald’s franchise.

The initial investment varies from $1,003,000 to $2,228,000, with a liquid cash requirement of $500,000. There is also an initial franchise fee of $45,000. In addition to these costs, McDonald’s charges an ongoing monthly service fee which is equal to 4% of gross sales. Franchisees must also pay rent to the company, which is a percentage of monthly sales. There’s also another thing that you need to know i.e. the location of a franchise. Usually, for opening a new franchise, the franchisees have to take up the responsibility of locating a site that meets the franchisor’s standards. It is then approved by the franchisor for the franchise to develop. But, in McDonald’s it is totally different. McDonald’s buys a real estate and constructs the location for you.

McDonald’s Franchise Opportunities 2019

McDonald’s continually seeks qualified individuals to become franchisees. Since the total cost varies from restaurant to restaurant, the minimum amount for a down payment will vary. Generally, they require a minimum of $500,000 of non-borrowed personal resources to consider you for a franchise. For more information about purchasing and financing a McDonald’s Franchise, you need to visit its official site. McDonald’s provides an equal opportunity to all the individuals who are capable of operating multiple locations. Candidates who have successfully operated multiple businesses may be suited to operating several McDonald’s franchises. If you own a franchise taking the customer survey of Mcdvoice at www.mcdvoice.com is an important thing.

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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