buying a McDonalds...

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  • nocostporn
    Confirmed User
    • Mar 2002
    • 5228

    #1

    buying a McDonalds...

    Odd question but I've always pondered about it...Has anybody ever looked into buying a McDonalds or Wendys, blah blah? I never really see one go out of business so I can imagine with all the money being generated it has to cost a nice hunk to buy one....anybody?

    btw,Yes I'm strange
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  • FlyingIguana
    aspiring banker
    • Mar 2002
    • 10870

    #2
    from porn to flipping burgers. interesting

    Comment

    • Babaganoosh
      ♥♥♥ Likes Hugs ♥♥♥
      • Nov 2001
      • 15841

      #3
      Who cares about the money? Just think about being there with nearly unlimited amonts of fries and cheeseburgers! You would be a god in my book.
      I like pie.

      Comment

      • Hot Tropical Babes
        Confirmed User
        • Feb 2001
        • 3014

        #4
        we looked into it. its a very good investment. I believe they want you to work with the company a year or so before you buy.
        <BR>
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        • SleazyDream
          I'm here for SPORT
          • Jul 2001
          • 41470

          #5
          mmmmm... big macs
          This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog!

          Now read without the word dog.

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          • Gemini
            Confirmed User
            • Jan 2001
            • 7183

            #6
            My ex and I looked in to it years ago... YOU build the building basically and pay them a yearly franchise. At the time it was 15k per yr. I think they were going to add in a new program where they'd finance the building as well but no doubt it would cost a good bit.

            Find a good small town and you could make a fortune with one!
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            • The Truth
              Confirmed User
              • Jul 2001
              • 920

              #7
              Back in high school.. 10+ years ago, we did a study about it and the franchise cost was astronomical... something like a quarter mill. It would still be worth it of course. McDonalds is a gold mine.

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              • Onehelluvanoize
                Registered User
                • Apr 2002
                • 61

                #8
                Of course you haven't seen any Mac going out of business! That's the cool thing of franchising. The sucker that franchises the Mac is the one that carries all the risks.
                They can use all the shit of Mac Donalds Corp. (and the name and shit like that) in exchange for a fee and purchase of all the big mac stuff from the corp.

                Mr. MacDonalds is the one sitting one his fat ass getting rich without doing a flying fuck for it! (and boy...am I jealous!)
                .

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                • pat
                  Confirmed User
                  • Jan 2002
                  • 158

                  #9
                  Why quit one job and do another when you'll soon be able to do both at the same time:

                  http://news.bbc.co.uk/hi/english/bus...00/1972136.stm

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                  • nocostporn
                    Confirmed User
                    • Mar 2002
                    • 5228

                    #10
                    I'm going to McDonalds RIGHT now to get the owners name and number off the "sign" ...See what they have to say about it
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                    • Sly_RJ
                      Live Hard - Die Hard
                      • Feb 2002
                      • 17042

                      #11
                      In the city I'm from (about 60,000) it would have cost around $650,000 for everything, if I remember correctly. But definitely good investment, I'd rather buy BK, can't stand McDonald's.
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                      • playa
                        Confirmed User
                        • Feb 2001
                        • 6432

                        #12
                        from what i heard just the application fee is like 6 figures,,,, and you need to like have a multi million dollars worth of assests,,, but if your like a minority then they'll give you a better chance

                        http://www.mcdonalds.com/corporate/franchise/index.html

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                        • Hot Tropical Babes
                          Confirmed User
                          • Feb 2001
                          • 3014

                          #13
                          alot of people on here joke about Mc Donalds,, if only they knew LOL it is a fucking gold mine,, but like any business, you have to know what the hell your doing.
                          <BR>
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                          • ServerGenius
                            Confirmed User
                            • Feb 2002
                            • 9377

                            #14
                            Ehh I actually read that Mac Donalds doesn´t really make that
                            much on franchising.....the money is made on real estate....

                            They provide the building...you pay a lease by owning a lot of
                            property and increasing property prices this is were the real
                            cake is made. Very clever....

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                            • hyper
                              Confirmed User
                              • Mar 2002
                              • 5294

                              #15
                              The investment is only good if they offer a product that is unique in taste, that would be hard to duplicate.

                              For instance you could open your own burger joint complete with drive-thru, if it tastes better than mcdonalds, it will probably be a bigger hit at a MUCH Cheaper Cost

                              All Items must be bought from the Main Company as most have uniform taste standards, ie you eat the same item in Ny and LA they should taste the same.

                              Franchise and royalty fees are a big fucking joke

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                              • Pipecrew
                                Master of Gfy.com
                                • Feb 2002
                                • 14888

                                #16
                                250k to buy a tim hortons here and i think a million for a mcdonalds

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                                • Evil Chris
                                  OG
                                  • Dec 2001
                                  • 13249

                                  #17
                                  Originally posted by SleazyDream
                                  mmmmm... big macs
                                  Don't bother me, I am on a break...



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                                  • Kimmykim
                                    bitchslapping zebras!!!!!
                                    • Jun 2001
                                    • 16015

                                    #18
                                    Every McD's everywhere does taste the same, that's the beauty of it. The consumer KNOWS exactly what they are getting, and that's what they go there to get.

                                    If you buy one nocost, I know where you can find a qualified labor pool ;)

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                                    • hyper
                                      Confirmed User
                                      • Mar 2002
                                      • 5294

                                      #19
                                      Originally posted by Kimmykim
                                      Every McD's everywhere does taste the same, that's the beauty of it. The consumer KNOWS exactly what they are getting, and that's what they go there to get.

                                      If you buy one nocost, I know where you can find a qualified labor pool ;)
                                      yes but their products are overpriced, cuts your profit margin

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                                      • nocostporn
                                        Confirmed User
                                        • Mar 2002
                                        • 5228

                                        #20
                                        Originally posted by Kimmykim


                                        If you buy one nocost, I know where you can find a qualified labor pool ;)

                                        Already have my local trailorparks on stand-by


                                        Got the number for the "partners" of the one in my area,going to give them a shout...
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                                        • playa
                                          Confirmed User
                                          • Feb 2001
                                          • 6432

                                          #21
                                          Originally posted by hyper
                                          The investment is only good if they offer a product that is unique in taste, that would be hard to duplicate.

                                          For instance you could open your own burger joint complete with drive-thru, if it tastes better than mcdonalds, it will probably be a bigger hit at a MUCH Cheaper Cost

                                          yes but realistically fast food don't work like that,,, consumers don't care bout the taste as much but rather the marketing,,,,
                                          burger king and McDonalds,,, or Pepsi or Coke,,,

                                          they all taste the same its just how they market them and you think you like them more or the other cause the way you see them in commericals,,,

                                          place a blind fold and i'll bet you can't taste the difference,,,

                                          its just all bout perception

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                                          • HowlingWulf
                                            Confirmed User
                                            • Nov 2001
                                            • 1662

                                            #22
                                            If you really want to know about the evils of franchising a McDonalds, BurgerKing, etc, read 'Fast Food Nation' by Eric Schlosser. You'll shit a brick and probably never eat at one of those places again.

                                            BTW the failure rate for fast food franchises in the first 5 years is higher than the average small business - it's just that another 'franchisee' pays the fee and takes over the site and nobody knows the difference.

                                            Also the original Mcdonald brothers sold their last remaining stake to Ray Kroc for just under $2 million over 30 years ago. If they held onto it it would be worth over $1 billion today....

                                            Great book.
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                                            • FlyingIguana
                                              aspiring banker
                                              • Mar 2002
                                              • 10870

                                              #23
                                              don't they want owners to go to hamburger college and run the shit themselves?

                                              if u have over a million bux in assets, why the fuck would u wanna work at a mcdonalds?

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                                              • hyper
                                                Confirmed User
                                                • Mar 2002
                                                • 5294

                                                #24
                                                if you want to go into franchising i would suggest starbucks or a specialty shop

                                                and if you look at my profile you will see i work for a franchised company, and know exactly the ins and outs of owning and operationg one.

                                                of you really want my opinion of franchises i will gladly tell you why you shouldnt own one
                                                Last edited by hyper; 05-07-2002, 12:54 PM.

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                                                • boneprone
                                                  Hall Of Fame
                                                  • Jan 2001
                                                  • 34415

                                                  #25
                                                  ive thought avout this too.
                                                  I really like the product, and i would like to own one.

                                                  I think you have to go to Mcdonald college first before they let you buy a franchise.

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                                                  • oscer
                                                    Confirmed User
                                                    • Jan 2001
                                                    • 2834

                                                    #26
                                                    Fuck Burger King and McDonalds This is the only Thing your Town Needs

                                                    http://www.wafflehouse.com/franchise.htm

                                                    Mother Fucking Wafflehouse

                                                    WooooWHoooooo

                                                    I would like to Build a Waffle house here in my Town just dont have the capitol
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                                                    • FlyingIguana
                                                      aspiring banker
                                                      • Mar 2002
                                                      • 10870

                                                      #27
                                                      hooters

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                                                      • eroswebmaster
                                                        March 1st, 2003
                                                        • Jul 2001
                                                        • 20295

                                                        #28
                                                        Originally posted by FlyingIguana
                                                        from porn to flipping burgers. interesting
                                                        I managed for Taco Bell during the days they started buying up their old franchises and thought they'd make better money using mostly corporate stores right through to the period they decided they'd start franchising them all out again.

                                                        When they did this 2 brothers from East Texas who started off owning a couple of Taco Bells ended up buying the majority of them in the D/FW and outlying areas...they now own well over 150 Taco Bells in Texas and Louisiana....anyway to get to my point.

                                                        The younger brother one day when opening up a new store here in Fort Worth just sighed real heavy and looked at me and said...."If there's a harder way to earn a dime in this world I don't know what it is."

                                                        I'll have to say I agree with that 110%.

                                                        If you think you are interested at all in owning a fast food resteraunt I suggest you go work in one for couple of months as a min. wager...and you will soon realize this is not what you want to do.

                                                        #1 McDonald requires you to actually work in a store before purchasing...you have to know the ins and outs of the biz from sweeping the lots...to making fries...to working the drive-thru all alone.

                                                        #2 Your employee pool is limited to kids...mental defects...drug addicts/alcoholics...and this is your management team.

                                                        No shit...you will be entering the biz with the highest employee turnover rate.

                                                        Just because you are the owner doesn't mean you sit back in your ivory tower and watch them make burgers below while the money just rolls in.

                                                        You will have to put in your time and hopefully build up a management team you can trust....but in the mean time you will be dealing with no call no shows...what does that mean?

                                                        On a Friday night after the football game and everybody in the neighborhood hits your store a couple of 16 year olds decide they'd rather go to a party...but guess what? They don't call you...and they don't show up.

                                                        I had an entire crew of Mexican kids do this to me on a Friday night so they could go to a quinceneara (sp?...It's a mexican celebration of a 15 year old girls birthday).

                                                        You will have to deal with teaching people day in and day out that you cannot wipe your nose and then stick your hand in a basket of french fries without washing first.

                                                        You will be dealing with theft...money...food...property.

                                                        You will be dealing with a public who would politely ask you for your insurance card if you rammed their $50K mercedes but is willing to jump over a counter and throttle you for not putting enough cheese on his 69 cent taco.

                                                        You will be dealing with bogus complaints of food poisoning and slip and fall claims...the list goes on.

                                                        I suggest you stick with porn...it's a lot easier sitting in a dark little office where your only boss is you
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                                                        • nocostporn
                                                          Confirmed User
                                                          • Mar 2002
                                                          • 5228

                                                          #29
                                                          Did i say I want to run the shit? I would just invest the majority of the money in it and let some other fool run it,I would do the payroll ... Negatives to that?
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                                                          • P-Stringfellow
                                                            Registered User
                                                            • Apr 2002
                                                            • 43

                                                            #30
                                                            Come to the UK, you can get a McD's for £25000!
                                                            Jamie

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                                                            • hyper
                                                              Confirmed User
                                                              • Mar 2002
                                                              • 5294

                                                              #31
                                                              if your not gonna get involved in the business
                                                              stick with real estate investment or something.

                                                              the corporation will piss you off

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                                                              • FlyingIguana
                                                                aspiring banker
                                                                • Mar 2002
                                                                • 10870

                                                                #32
                                                                from what i know mcdonalds wants their franchise owners to be heavily involved in the operations. not just sit back and scratch ur balls.

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                                                                • eroswebmaster
                                                                  March 1st, 2003
                                                                  • Jul 2001
                                                                  • 20295

                                                                  #33
                                                                  Originally posted by nocostporn
                                                                  Did i say I want to run the shit? I would just invest the majority of the money in it and let some other fool run it,I would do the payroll ... Negatives to that?
                                                                  Dude you're fooling yourself if you think that's the way it's done.

                                                                  In order to own a McDonalds and any other franchise you have to run it....they won't allow it any other way.

                                                                  You can eventually pay someone to manage it for you...you're dealing with a person who had extensive experience in that biz...I'm just telling you exactly how it's going to be.

                                                                  But don't listen to me...go ahead and buy your mickey d's and sit back and just issue checks and then come back and tell me how it all worked out
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                                                                  • eroswebmaster
                                                                    March 1st, 2003
                                                                    • Jul 2001
                                                                    • 20295

                                                                    #34
                                                                    Originally posted by FlyingIguana
                                                                    from what i know mcdonalds wants their franchise owners to be heavily involved in the operations. not just sit back and scratch ur balls.
                                                                    Exactly...the brothers I know who are one of the largest Taco Bell frachise holders in the U.S. still end up on the line making Tacos on really bad days...LOL...especially during new store openings.
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                                                                    • oscer
                                                                      Confirmed User
                                                                      • Jan 2001
                                                                      • 2834

                                                                      #35
                                                                      Fuck you all

                                                                      WAFFLEHOUSE is all you need!!!!

                                                                      maybe a Outback too
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                                                                      • AdultWire
                                                                        Confirmed User
                                                                        • Feb 2002
                                                                        • 962

                                                                        #36
                                                                        http://news.bbc.co.uk/hi/english/bu...000/1972136.stm
                                                                        OMG, it's Ronald McHakayuto.
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