Franchise FAQ

how to open a franchise of mcdonald& 39

by Yasmeen Corwin Published 1 year ago Updated 1 year ago
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What it takes

Most new franchisees enter the McDonald’s system through the purchase of an existing restaurant from either one of our franchisees or McDonald’s USA, LLC.

What you bring to the table

If you’re ready to bring your passion and commitment to our system, McDonald’s provides an amazing opportunity to realize substantial personal rewards.

Our selection process

After you successfully complete the training program, McDonald’s, in its sole and absolute discretion, will grant a qualified candidate a McDonald’s franchise opportunity. There may be a time delay between completion of training and the offer of a franchise, depending on availability of a suitable restaurant (s).

Why do people start their own McDonald's franchise?

And these franchisees have a good reason for starting their own franchises. Opening up a restaurant brings on a lot of uncertainty, the people in the area could end up not liking your menu items, customers could dislike the atmosphere of your store, employees can miss shifts which will cause a drop in efficiency, etc. But if you’re opening a McDonald’s franchise, then you can let go of any worries of people not being attracted to your food offerings or your atmosphere. Every American (along with a good amount of people overseas) have had McDonald’s at one point or another, which will lead you to not having to wait a couple of months or even years to get your business off the ground, people will be flocking the very first day.

How long does it take to become a McDonald's franchise owner?

For franchise owners, this includes a 9-18 month program working at a restaurant so they can become proficient in all aspects of running the store.

How much money do you need to franchise McDonald's?

But you’ll find that McDonald’s generally will require a minimum of $500,000 of non-borrowed personal resources in order to be considered for a franchise. If you don’t have the proper funds, then there are still limited opportunities to enter the program with less cash, though these opportunities are typically in rural or urban areas.

How many countries does McDonald's operate in?

If you are interested in global expansion, then you’re in luck. McDonald’s does business in over 100 countries all around the world and there are clear pathways to building your own franchise in an international location. Just keep in mind that there are still a number of countries where McDonald’s has no presence and there is no promise that they are going to expand there anytime soon. To be assured that the country you’re looking to move into is operable for a McDonald’s franchise, click here.

What is franchising a restaurant?

A franchise is when a business is technically owned by a person (the franchisee) but is overseen by a larger entity (the franchisor). From McDonald’s to Waffle House and everything in between, many major restaurant chains offer people the opportunity to jumpstart their entrepreneurial goals by opening up a restaurant under the name of a major franchisor.

Is McDonald's a household name?

Extensive business experience: Despite that McDonald’s is a household name with a large fanbase, you still need to understand what you’re doing in order to be successful. It’s recommended that you have demonstrated success in the ownership or management of multiple businesses.

Do you need a strong business sense to own McDonald's?

Your business savvy: At the end of the day, the McDonald’s brand can only take you so far. You still need a strong business sense in order to ensure the profitability of your business. Before you make the investment into your own McDonald’s franchise, make sure to gain some experience in restaurant ownership so you know what you’re doing and have the necessary background.

How much does McDonald's franchise cost?

McDonald's has the franchise fee of up to $45,000, with total initial investment range of $464,500 to $2,306,500. The data below, compiled from the McDonald's FDD (Franchise Disclosure Document) 2020, represent the estimated financial range for the initial setting up and first 3 months of operation for a new McDonald’s restaurant.

What does McDonald's sell?

Although McDonald's is known for its hamburgers, they also sell cheeseburgers, chicken products, french fries, breakfast items, soft drinks, milkshakes, wraps, and desserts.

Is McDonald's a franchise?

Although McDonald's is known for its hamburgers, they also sell cheeseburgers, chicken products, french fries, breakfast items, soft drinks, milkshakes, wraps, and desserts.

Background

McDonald's is the world's largest restaurant chain by revenue. The company serves tens of millions of customers daily across the world. They rechristened their business as a hamburger stand. Later they then turned the company into a franchise, with the Golden Arches logo being introduced in 1953 at a location in Phoenix, Arizona.

Support and Training Offered By McDonald's

On-The-Job Training: 500 hours (average) Classroom Training: 72 hours Additional Training: At local McDonald's restaurant

Franchises Similar to McDonald's

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.

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