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OfflineScarfmeister
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Registered: 10/31/02
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Starting a McDonald's Franchise!
    #1457260 - 04/14/03 04:21 PM (18 years, 13 days ago)

I'm thinking about stating a McDonald's franchise. I have already done the three interviews and been approved to purchase a license.
The problem is that i will have to go to McDonald's school for 12-15 months including 6 weeks of education in USA. I will start the restaurant in my home town and the people at McDonald's has found the perfect location. All i have to do now i say yes and the wheels will be set in motion.

Does anyone of you know anyone that owns a McDonald's? Is the money good? Is it very hard work? Do you think its a sound investment?




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Offlinemesq
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Re: Starting a McDonald's Franchise! [Re: Scarfmeister]
    #1457268 - 04/14/03 04:24 PM (18 years, 13 days ago)

If you seriously have gone this far already shouldn't you know all these things by now?


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OfflineScarfmeister
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Registered: 10/31/02
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Re: Starting a McDonald's Franchise! [Re: mesq]
    #1457330 - 04/14/03 04:40 PM (18 years, 13 days ago)

I really haven't gone very far. I visited the Mcinco headquarters in stockholm three times where they interviewed me and let me work for a few hours in a restaurant.
The only thing i really know is what some administrator and management consultant told me. I just wanted to see if anyone has some actual experience with mcdonalds who dont actually work for them.

Its kind of scary actually not really knowing.


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OfflinePenguin
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Registered: 02/10/02
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Re: Starting a McDonald's Franchise! [Re: Scarfmeister]
    #1457342 - 04/14/03 04:44 PM (18 years, 13 days ago)

You corporate bastard! Why would you start one?...whatever your reason is I hope you are happy.


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The fear of loss is always greater than the desire for gain


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OfflineScarfmeister
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Re: Starting a McDonald's Franchise! [Re: Penguin]
    #1457353 - 04/14/03 04:48 PM (18 years, 13 days ago)

Money!
Its either that or lawschool.


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OfflineOddish
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Re: Starting a McDonald's Franchise! [Re: Scarfmeister]
    #1457612 - 04/14/03 06:07 PM (18 years, 13 days ago)

Law school, immediately.  :blush:


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OfflineBOBs
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Re: Starting a McDonald's Franchise! [Re: Scarfmeister]
    #1457674 - 04/14/03 06:31 PM (18 years, 13 days ago)

How much money are you going to have to pay to start a franchise?


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Offlinesaucerflosecrets
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Registered: 01/27/03
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Re: Starting a McDonald's Franchise! [Re: BOBs]
    #1457725 - 04/14/03 06:53 PM (18 years, 13 days ago)

a mcdonald's?? christ... have fun sucking satan's cock.


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OfflineScarfmeister
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Re: Starting a McDonald's Franchise! [Re: saucerflosecrets]
    #1457852 - 04/14/03 07:42 PM (18 years, 13 days ago)

The license costs 45k$ and the inventory costs about 350K and you need another 10k to start up a company. There are diffrent payment plans.



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Invisiblebert
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Re: Starting a McDonald's Franchise! [Re: Scarfmeister]
    #1457911 - 04/14/03 08:06 PM (18 years, 13 days ago)

The thing is, once you get the first franchise up, it is much easier to get a second or third going. I worked at Subway and my boss owned three of them and was making a killing. It's very hard work though. Don't expect to get much sleep for a few years.


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Invisibleprince_toadstool
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Re: Starting a McDonald's Franchise! [Re: bert]
    #1457963 - 04/14/03 08:27 PM (18 years, 13 days ago)

I think it would be a great idea to open a McDonalds (very high rate of sucess) but you'll probably have to work very hard. I would go to lawschool if I were you, but I still think being a franchise owner would be great.


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"Judge of a man by his questions rather than by his answers." Voltaire


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OfflineScarfmeister
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Re: Starting a McDonald's Franchise! [Re: prince_toadstool]
    #1457983 - 04/14/03 08:36 PM (18 years, 13 days ago)

A law degree would be sweet to have but I'm getting kind of sick of studying. I already have two years of economy studies so I'm not sure if i wanna do another 3. Lawyers dont make that much money anyway in sweden.


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Offlinec0ma
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Re: Starting a McDonald's Franchise! [Re: Scarfmeister]
    #1458018 - 04/14/03 08:56 PM (18 years, 13 days ago)

the first questioln you should ask yourself if you got the money to start such a big investment in a first place... if you do then go ahead, you will probly succeed, it's preatty hard to fail witha macdonalds unless you sell cheesburges at your local puyblic bathroom...


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OfflineSuperSpun
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Re: Starting a McDonald's Franchise! [Re: c0ma]
    #1459303 - 04/15/03 04:22 AM (18 years, 13 days ago)

I would go for owning a subway. Subway's are easy to run, and alot of the time the owner works most of the shifts, so he knows that everything is done right and he can make sure the customers are happy. And you only have to pay about two employees. I think that would be bad ass. And buying into a subway would be way cheaper. And subways are hella popular.


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InvisibleChronicPride
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Re: Starting a McDonald's Franchise! [Re: Scarfmeister]
    #1459468 - 04/15/03 06:56 AM (18 years, 13 days ago)

Funny thing that you're looking into this. I was looking at franchise ops myself in March and I came across this article in BusinessWeek regarding the current state of the franchise and what present franchisee's are saying about their business and profit concerns.

You might want to read up more on the new CEO and his vision for pulling the franchise licenses away from laggard restaurants that fall behind in performance levels

Personally, I'd recommend operating a small network of Subway stores, as someone already mentioned, as those businesses are much more turn-key and low maintenance, logistically, then a larger franchise. Your profit return on a 4 store Subway op would be comparable if not better than one McDonald's and a helluva a lot less variables to deal with, not to mention 750K-1,000,000 in start-up costs (which includes costs of construction. I don't know if you investing in the pricey free-standing building op, or the one that you can open in a mall.)

If you have that type of capital to invest and want a larger operation, Taco Bell has been outperforming McDonald's in a lot of growth areas and as far as I can recall, they only have 4 month management/ownership training sessions. They won't even look at your application, however, unless you have intent and the net worth to open multiple stores. And apparently they also have a temporary freeze on any new overseas franchising for the rest of the year, so you'd have to wait awhile, just to get your app reviewed, credit checks and whatnot.

Hope this helps.


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At this stage of human evolution,the truth about the meaning of life is too unattainably simple for us to comprehend,as contemporary thought is too bogged down with the notion that the answer to the riddle is so elusively complex. - Tonya Harding.


Edited by ChronicPride (04/15/03 06:59 AM)


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Invisibleprince_toadstool
Punchline
Registered: 06/14/02
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Re: Starting a McDonald's Franchise! [Re: c0ma]
    #1459594 - 04/15/03 08:15 AM (18 years, 13 days ago)

I can definately understand what you mean about being tried of college! :wink:


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"Judge of a man by his questions rather than by his answers." Voltaire


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OfflineScarfmeister
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Registered: 10/31/02
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Re: Starting a McDonald's Franchise! [Re: ChronicPride]
    #1459626 - 04/15/03 08:46 AM (18 years, 13 days ago)

Thanks allot for the links.
Holy shit there seems to be rough times for McDonald's ahead. The net margin is only four fucking percent? thats fucking worthless. The article did say that sales in Europe was up one percent last year so that feels comforting.
I'm gonna do some more research.


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InvisibleKOPELANDIAA
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Registered: 11/17/01
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Re: Starting a McDonald's Franchise! [Re: Scarfmeister]
    #1460291 - 04/15/03 02:38 PM (18 years, 12 days ago)



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Offlinemetalchimp
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Registered: 11/24/02
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Re: Starting a McDonald's Franchise! [Re: KOPELANDIAA]
    #1461463 - 04/15/03 08:43 PM (18 years, 12 days ago)

cheers KOPELANDIAA! I was just about to post that!

dude pleeeeeese dont start a Mcdonalds, have a concience! If you'redetemined to go ahead I beg you to peruse this site  McSpotlight first & then decide............................................................................................................................................................please :frown:


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Offlineamnesiaseizure
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Re: Starting a McDonald's Franchise! [Re: metalchimp]
    #1464082 - 04/16/03 04:29 PM (18 years, 11 days ago)

Open a McDonalds??! What the fuck?? Sell drugs, whore your ass, or suck cock but DON'T FOR CHRIIST'S SAKE OPEN A MCDONALDS!!

Honestly dude, those places are the fucking pits. Whatever charities they run or community actions they fund they're essentially built on low wages, animal cruelty at a very high level and extremely unhealthy food pushed as if it's gods gift. Be part of the decline but make sure you stay the fuck in America.


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OfflinePhluck
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Re: Starting a McDonald's Franchise! [Re: Scarfmeister]
    #1464139 - 04/16/03 04:50 PM (18 years, 11 days ago)

When you're old, people will ask you "What did you do with your life?", and you'll say "I ran a few McDonald's locations".

Maybe you'll get rich, though.


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"I have no valid complaint against hustlers. No rational bitch. But the act of selling is repulsive to me. I harbor a secret urge to whack a salesman in the face, crack his teeth and put red bumps around his eyes." -Hunter S Thompson
http://phluck.is-after.us


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OfflineEllis Dee
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Re: Starting a McDonald's Franchise! [Re: Phluck]
    #1466235 - 04/17/03 05:05 AM (18 years, 11 days ago)

Being a lawyer is intensive work sometimes. When you're getting ready for a trial you're looking at a few 12-14 hour days of prep work. If you have a heavy caseload you'll be working long hours all the time too. I guess it depends, long hours working and moving around all day doing light work or long hours wearing a tie in an office. Which do you prefer? BTW, you really need advice from people that opened fast food franchises and not just input from the good folks here.


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"If the foundations be destroyed, what can the righteous do."-King Solomon

And there was war in heaven: Michael and his angels fought against the dragon; and the dragon fought and his angels,


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Offlinetripover
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Re: Starting a McDonald's Franchise! [Re: Ellis Dee]
    #1466257 - 04/17/03 05:35 AM (18 years, 11 days ago)

Mc shit


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OfflineRedstorm
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Re: Starting a McDonald's Franchise! [Re: Scarfmeister]
    #6058356 - 09/13/06 09:16 PM (14 years, 7 months ago)

Money > Conscience

Hop onto whatever corporate franchise that will make you the most money. No one really cares what hippies think anyways.


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InvisibleDNKYD
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Re: Starting a McDonald's Franchise! [Re: Scarfmeister]
    #6058384 - 09/13/06 09:24 PM (14 years, 7 months ago)

You gotta make money somehow. If you think owning a McD's franchise will make you happy and able to live comfortably then I say go for it.


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Offlinebarfightlard
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Re: Starting a McDonald's Franchise! [Re: Scarfmeister]
    #6058408 - 09/13/06 09:31 PM (14 years, 7 months ago)

........... ......    .............. :thumbdown:


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"What business is it of yours what I do, read, buy, see, say, think, who I fuck, what I take into my body - as long as I do not harm another human being on this planet?" - Bill Hicks


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InvisiblePrisoner#1
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Re: Starting a McDonald's Franchise! [Re: Scarfmeister]
    #6058448 - 09/13/06 09:40 PM (14 years, 7 months ago)

Quote:

Shroomnoob said:
Is the money good? Is it very hard work? Do you think its a sound investment?





yes, yes and yes


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InvisibleSilversoul
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Re: Starting a McDonald's Franchise! [Re: Prisoner#1]
    #6058472 - 09/13/06 09:44 PM (14 years, 7 months ago)

I had a friend in high school whose dad owned like 5 McDonalds franchises. He had the nicest house out of anyone I knew at the time.


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Offlinexurzax
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Re: Starting a McDonald's Franchise! [Re: Silversoul]
    #6058512 - 09/13/06 09:53 PM (14 years, 7 months ago)

Nice 3 year bump  :thumbup:


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InvisibleBanez
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Re: Starting a McDonald's Franchise! [Re: Scarfmeister]
    #6058539 - 09/13/06 09:58 PM (14 years, 7 months ago)

oddly enough my friends mother owns 2 McDonalds franchises in Columbus, Ohio.. me and my buddy worked for her for about a year as shift managers

its easy work being the owner.. much harder being store manager.

if you need any further help, PM me... like i said, i worked for McDonalds franchise for about a year and half.


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InvisibleBanez
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Re: Starting a McDonald's Franchise! [Re: xurzax]
    #6058540 - 09/13/06 09:59 PM (14 years, 7 months ago)

aww fuck.. i just noticed that.


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InvisibleVoidOfsPg
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Re: Starting a McDonald's Franchise! [Re: Redstorm]
    #6058593 - 09/13/06 10:08 PM (14 years, 7 months ago)

Quote:

Redstorm said:
Money > Conscience





That's what the prostitutes and strippers say.

Quote:


Hop onto whatever corporate franchise that will make you the most money. No one really cares what hippies think anyways.





:thumbup:


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OfflineAsanteA
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Re: Starting a McDonald's Franchise! [Re: Scarfmeister]
    #6058680 - 09/13/06 10:31 PM (14 years, 7 months ago)

McDonalds?

Big corporations are ruthless, all of them, but some of the worst of them fuel the cars you all drive (even Zippoz, I'm sure he's already got his biodiesel eyes on your McDonalds waste oil :grin:) so all who come down on McDonalds so hard best sell off their evil polluting car, ride a bike and cook on chicken-farts.

Shroomnoob wants to start his own business and y'all are coming down on that :confused:

Reaching into the big hat of retained factoids:

Location is everything. If your location sucks, your fastfood franchise is doomed.

Your investments here and there might well by far overshoot the $500.000 mark. What this means is that you can be so unlucky to have to spend the rest of your life paying off the debt if this project goes south. Make SURE it is as redundently safe an investment as you possibly can, look into insuring your business and business plan from day zero.

McDonalds works with involved and tight schedules and can be quite hectic. There's high stress potential. You might think of walking around in your own palace, occasionally feeling up a hamburger bun or two checking for freshness while your busy little elves will do all the work for you. No sirree. Enter a McDonalds around lunchtime and observe it as a business. There will be stress and you will be part of it.

Running your own business might mean you in one way or another spend an insane amount of time on it, sixty hours a week is common for people with a small business.

Don't make a habit of eating what you serve. Sorry to say, it's still a McDonalds :grin: People can continuously gain several pounds every month if they often eat at fastfood joints. Its "comfort food", not stuff you should eat as a means to get your nutrients.

Spend time to think of outlandish mishaps. Spend an afternoon or so reverse reading the McDonalds brochures and pick them apart like a jerk. Expect that there are tremendous pitfalls that get slightly hinted at, but may become very real problems. A friend of mine is into health products mailorder and got harped at about this great new health product called Noni Juice he could sell. He handed me a completely rosy brochure which I hacked down to the bottom line in less than a minute. "Don't do it. The only thing they're vague about is the flavor and it says here this and that fruit extract is added to it for no good nutritional reason: Noni Juice MUST taste like shit or they'd harp about the flavor without end. DON'T buy a wholesale box, buy a consumer dose of the stuff somewhere else first." He did, and he  told me it tasted worse than shit. My one-minute reverse read saved him hundreds of dollars right off the bat.
WHAT ARE THEY NOT TELLING YOU? What wonderful sales argument they mysteriously omit or under-advertise? Look online for the failure stories of less fortunate managers.


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Invisiblegdman
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Re: Starting a McDonald's Franchise! [Re: Asante]
    #6058726 - 09/13/06 10:39 PM (14 years, 7 months ago)

I know someone who runs a small business, I don't think she ever sleeps, good luck though.


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OfflineLeanin
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Re: Starting a McDonald's Franchise! [Re: gdman]
    #6058809 - 09/13/06 11:01 PM (14 years, 7 months ago)

ROFL PEOPLE ARE STILL REPLYING


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OfflineAsanteA
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Re: Starting a McDonald's Franchise! [Re: gdman]
    #6058873 - 09/13/06 11:16 PM (14 years, 7 months ago)

Its this kind of stuff, thats sold in bottles in health food stores:




Avoid it like the plague. Its quite healthy, really, but prices tend to be high because its still in the hype stage, and it apparently tastes so foul that Tourettesguy would sprain his throat trying to describe it :smirk:

Let me get even more graphic: My friend was all for the hype but followed my advice and bought a consumer bottle instead of a box. He was gripped by the hype about the health and fountain of youth harping, but he ended up pouring the remainder of his expensive bottle down the sink. He said he couldn't justify it to Christ to sell people stuff that tastes so disgusting, without warning them about it on his site (which would mean no sale obviously, imagine a high priced exotic fruit juice that tastes like ass) because people would be so disappointed. (yup, he's a great guy) He said it tasted worse than Cubies and Morning Glory Seed and watching him suffer to get those down is downright frightening.

In the healthfood business Noni Juice is one of the hypes, but if you'd base your business on it or stocked up big, chances are huge you'll lose your money and some customers.

A McDonalds franchise is no Noni juice and its food is universally palatable (euphemism for bland) but there must be things you really should know, but they're not telling.


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OfflineAsanteA
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Re: Starting a McDonald's Franchise! [Re: Redstorm]
    #6058883 - 09/13/06 11:17 PM (14 years, 7 months ago)

Redstorm you're evil :wink:
You must've seen that!


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OfflineRedstorm
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Last seen: 4 years, 8 months
Re: Starting a McDonald's Franchise! [Re: Asante]
    #6059202 - 09/14/06 12:34 AM (14 years, 7 months ago)

:yesnod:

I won't even deny it. :wink:


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