The total investment is $655.8k to 1.3M with an express option available. The franchise fee is $45k, ongoing royalty fee of 12.5%, 20 years renewable agreement and a renewal fee of $45k. The cash liquidity requirement is $100k and the qualifications required are general business experience, industry experience and of course marketing skills. 83% of all franchisees own more than one unit and absentee ownership of franchise is not allowed.
Training and support is available at the headquarters for 1 week and at the franchisee’s place for 12 to 24 months. Ongoing support like newsletter, meetings, toll free phone line, internet, safety procedures, field operations, purchasing cooperatives are provided. Marketing is done through national media and regional advertising, co operative advertising and ad slicks. Mac Donald’s has been ranked among top as America’s fastest growing franchises and America’s top global franchises.
Mac Donald is growing at such a fast pace that it has literally spread all over the world. So if you have a considerable amount that you would like to invest, think about Mc Donald’s. Marketing is actually not essential as it is such a well known brand and it will definitely worth all the money and effort to bring this high class restaurant to your region or locality.
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