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McDonald's is the most recognizable fast-food chain globally. Famous for its golden arches and strong marketing, this brand can be instantly recognized across 170+ countries. featuring a wide array of menu items, McDonald's is constentaly changing its menu and offer a wide selection of food items for everyone. Orginally famous for its brugers, McDonald's has gained fame for its othewr menu items as well such as: breakfast sandwitches, fries, ice cream, wraps, and much more.
Sorry, there are no new location listings available at this time. Please contact the Franchisor or checkout listings of existing Franchises available for resale, below.
Becoming a McDonald's franchisee is seen as a long-term commitment. Because of this, the application journey is a thorough and carefully thought-out process. You can move through the application process at a pace that works for you. When making the selection, current franchisee partners get first selection to open a new franchise.
Applicants are required to submit an evaluation to McDonald's directly from their website. The application will proceed if the candidate fits the three main requirements that McDonald's is looking for: background and experience; personal qualities; and financial abilities. The next step after would be an interview with McDonald's representatives. The approval process length depends greatly on how fast the applicant would like to proceed with opening a franchise location. Leedership skills are also highly sought after to be able to manage the complex environment of managing people from different ages and cultural backgrounds.
McDonald's supports its franchise partners with the unlimited tools they need to succeed. McDonald's is home to one of the largest marketing campaigns when compared to any other fast-food chain.
McDonald's presents extensive assistance with advertising. Their award-winning advertising team has a global reach. Advertising is such a defining factor to their success that each restaurant is obligated to spend a minimum of 4% of gross sales annually on advertising and promotion. This combined marketing power has supported McDonald's to create a global brand unmatched in the foodservice industry creating an exceptional advantage for McDonald's franchise restaurants.
McDonald's looks for a broad range of qualities when making their selections, but some general areas that they focus on are proven entrepreneurship, commitment to the local community, a strong sense of leadership, and a proven understanding of McDonald's values. The candidate should also have a net worth of at least $750,000. A key qualification that can make a difference for candidates is the previous experience with the McDonald's system. Applicants are also required to engage in a full-time (35 to 40 hours per week) or part-time (minimum of 20 hours per week) training program (totaling approximately 1,600 hours).
Contact FranchisorThe Official financial fees and royalties of becoming a McDonald's franchisee are the following:
• Initial down payment is required when you purchase a new restaurant (40% of the total cost)
• You’re willing to invest a minimum of $700,000 of non-borrowed funds
• Service fee: a monthly fee based upon the restaurant's sales performance (currently a service fee of 4.0% of monthly gross sales).
A franchise fee of $45,000 is also required when first purchasing a new location.
Yes, although this could be limited to very few locations. You can find all available listings here:
Canada Small Business Financing Program (CSBFP)
Financing a Business
Canada Small Business Loan: Unlock Your Opportunities
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