Tuesday, November 5, 2024

How much should I invest to open a McDonald's franchise?

Must Read
A person buys food at a McDonald's restaurant in London. (Photo: Reuters/File)

McDonald'sone of the most popular fast food brands in Mexico and other parts of the world, is one of the most successful franchises for both children and adults, who have primarily enjoyed hamburgers for years despite the fact that it has been involved in some controversies.

Promotions like “Happy Meal” featuring small treats and even toys were also a win for the youngest diners. This burger restaurant was created by Raymond Albert Kroc, better known as Ray KrocAn American businessman decided to open his first restaurant in California in 2017 1954.

It wasn't until 1961 when Croc bought the rights to the brand from the brothers Richard and Maurice MacDonald, Entrepreneurs who were initially associated with them to be able to start a restaurant business that has so far operated more than 36 thousand In at least 100 countries.

According to the company, an initial fee of 16 million 824 thousand For equipment, furniture and decoration of the restaurant, as well as the minimum 6 million and 544 thousand pesos, Which must be contributed as private funds, meaning they will not be refundable.

There are more than 36 thousand restaurants in at least 100 countries. (Photo: Reuters)

The interested party must demonstrate their ability to lead the business, which means exclusive dedication to its direction.

The company explained that concession contracts are signed for a period of 20 years. Once you enter as a franchisee, you must obtain the necessary equipment and furniture to operate the business, as well as hire your own employees, while committing to operating the company by following the system. McDonald's.

See also  The attorney general accuses Aerocivil of delaying the merger of Avianca and Viva

McDonald's will have to make the building available to you and transfer its use to operate the restaurant, assuming regular maintenance and renovations. For this concept, as the franchisee of the brand, you also have to pay for it 850 thousand pesos To pay at least the franchise fee 20 years.

Hamburgers and other foods are sold all over the world. (Photo: Reuters/File)

You will also have to pay 4% of sales Which aims to market and advertise the brand.

Products will be purchased exclusively from McDonald's authorized suppliers. According to the company, these are first-line suppliers who ensure excellence in products and in the supply chain itself.

According to Yellow Logo Company, all franchisees share extensive business and team management experience, with a complete focus on the customer. Your employees are your main assets and the customer is always at the center.

Latest News

Fast, Private No-Verification Casinos in New Zealand: Insights from Pettie Iv

The world of online gambling has come a long way since its inception, and New Zealand has been no...

More Articles Like This