Please anyone who knows please give me a reply.
KFC and other fast food industries in China all use franchising, but McDonald's has not taken this step. Most of them are joint ventures, which have high requirements for city size, population, consumption level, franchisee assets, etc.
If I can’t give you a specific answer, you can go to McDonald’s website or its franchise business department for consultation.
According to another report (Childlike Messenger - Jianghu Rookie Level 5): McDonald's set out its minimum franchise conditions at a comprehensive chain operation conference: have noble ethics; have worked in the market; understand the culture and customs of the market; be willing to fully
Time to invest in McDonald's business development; willing to accept training for about 12 months; have management experience; can be competent in the franchise organization; the investment amount is not less than 300,000 US dollars, but the 300,000 US dollars mainly includes restaurant decoration, equipment and
Expenses such as signage, but not including rent of business premises and staff costs.
Only individuals are allowed to become McDonald's franchisees, and neither corporate nor partnership forms are allowed.
In order to maintain McDonald's unified brand, franchisees must use McDonald's trademarks, food recipes and menu specifications, as well as McDonald's operations, inventory management, reservations, accounting and marketing methods, as well as McDonald's restaurant design concepts and equipment layouts.
McDonald's has very clear and strict requirements on the financial status of franchisees.
At the beginning of joining, franchisees must first pay the franchise fee.
If the franchisee purchases a new store, he or she needs to pay 40% of the total cost; if it is an old store, the franchisee only needs to pay 25% of the cost.
These funds must come from the franchisee's own funds (non-loan funds).
Since the situation of each store is different, the amount of franchise fee cannot be strictly quantified. Usually, McDonald's will consider whether an individual can participate in the franchise only if his non-loan funds exceed US$175,000.
The equipment leasing model can be adopted. In short, McDonald's first purchases equipment (such as utensils, seats, decoration, etc.) on its behalf, and then leases them to franchisees.
Franchisees are equivalent to receiving an option, and they can purchase these equipment within 3 years.
McDonald's requires franchisees to have at least US$100,000 of their own capital.
In addition to the franchise fee, franchisees also need to pay regular royalties.
The royalty fee consists of two parts. One is the service fee, which is a certain percentage of the restaurant's income paid every month (currently 4%); the other part is the rent, which is also a percentage of the income paid every month.
Of course the money is not paid in vain.
McDonald's provides a complete set of employee training, human resources, service operations, design, marketing, machinery and equipment and procurement services to ensure the consistency of franchise store performance and McDonald's brand and establish McDonald's leading position.
Operation consultants provide one-on-one services from the beginning when franchisees join the McDonald's system to help franchisees meet McDonald's QSC&V standards.
The hotline and email for joining McDonald's is 02-2393-8181 extension 2266 or 2001 email: franchising@tw.mcd.com Reference: /comp/278.htm I hope it will be helpful to you. You can also inquire about related questions and there will be answers.