$49 to join, $49 a month. Less expense, less hassle, more time at home with your familyl!! Watch the video and see the financial potential!! Owning a McDonalds franchise can be a lucrative business, but it requires a lot of cash. The average McDonalds restaurant generates $2.5 million in sales annually, making it the second highest-grossing chain in the US by sales per unit behind Chick-fil-A, according to QSR Magazine. But in order to open a single restaurant, the company requires that potential franchisees have liquid assets of at least $750,000. Startup costs, which include construction and equipment expenses, average between $955,708 and $2.3 million, according to McDonalds. The total is determined by the geography and size of the restaurant, as well as the selection of kitchen equipment, signage, style of decor and landscaping, the company says. Franchisees must pay 40% of the startup costs with cash and other non-borrowed resources, while the rest can be financed. In addition to those costs, McDonalds charges a $45,000 franchisee fee and an ongoing monthly service fee equal to 4% of gross sales. Franchisees must also pay rent to the company, which is a percentage of monthly sales. youtu.be/VZaUAgvDWZY
Posted on: Wed, 19 Nov 2014 01:29:03 +0000