When you think of fast food service, Mcdonalds is the one that will pop up in your mind. The Franchise of Mcdonald is everywhere. You might also be wondering about Mcdonalds Franchise Fee. However, you need to plan and fulfill the requirements as well before applying for a franchise.
Mcdonald has more than 35,000 restaurants located in many countries in the world. No wonder that it’s considered as one of the largest public food service in the world. There are more than 13,000 Mcdonald’s franchises everywhere. So it’s not even hard to find Mcdonald when you’re hungry.
If you’re interested to run the franchise or buy an existing franchise restaurant, you need to choose which one of the system that suits your needs and goals. For Mcdonalds Franchise Fee, you will be required for an initial down payment as much 40% of the total cost. For an existing restaurant, down payment is 25% of the total cost. The total cost itself varies from restaurant to restaurant so there is no exact amount. You need a minimum of $500,000 generally. It’s for non-borrowed personal resources.
For your information, the intial investment varied from $1,003,000-$2,228,000 for last year. The liquid cash required from Mcdonalds Franchise Fee is $500,000 with initial Franchise Fee $45,000.