Saturday, October 24, 2009

How much money do you need to start a McDonalds location?

How much money do you need to start a McDonalds location?

How much money do you need to start a McDonalds location?
1 million liquid cash


1 + million credit limit that can become liquid cash


be known by the company executives


be big in business or some industry


have an excellent credit history, no flaws


have nothing bad in the closet, no skeletons





Then as an owner you will collect on average 5 cents on every dollar that comes in the door.





Few can get a McD's franchise, one of the hardest to get and can take upwards of 6 yrs to go through the process. I state this on being a store mgr for them, best friend was a store mgr and a supervisor. And that friends father tried for 12 yrs to gain 1 franchise, even though he was a big wig at Ameritech, turned down over n over again.





Subway is an easy franchise to get into and right now with so much against fast food, they are booming again like they did when they first opened. Snappy Tomato Pizza is another good one, small, upcoming and very cheap right now. Or if in a bad/poor region, a Little Caesars Pizza place is still able to be gotten.
Reply:The franchise fee to start a McDonald's is $45,000.00.





You will then need to invest between $500,000 to $1,600,000 toget all the equipment and such.
Reply:my dad once tried opening one and it came to a total of 1,365,907 that was alot!
Reply:trillion
Reply:probaly 100 thousand
Reply:way too much..
Reply:go to the mcdonalds website and look up franchises.





The last time I priced it up for one in the UK was about 1996 and it was going to cost me over £800,000 which was more money than I could raise at the time!!





That would be about $1.6 m at todays exchange rate!





However, when I was a Mcdonalds manager in the UK in 1982 my restaurant was taking around £20,000 per week!
Reply:IM NOT SURE... BUT THER EIS A FRANCHISE WEBSITE... IM INTERESTED IN A CHECHERS FRANCHISE WHERE I LIVE ... ANY INFO YOU GET PLEASE LET ME KNOW... MAYBE WE CAN INVEST TOGETHER???!!! EMAIL ME!
Reply:1000000.00 in the bank . seriously
Reply:If you're a gymnist, you'd be better off opening up a vitamin shop instead


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