Comment on McDonald’s CEO is grappling with a ‘two-tier economy’ as he slashes prices on value meals—and signals backing for a minimum wage increase

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brucethemoose@lemmy.world ⁨1⁩ ⁨week⁩ ago

From their website: www.mcdonalds.com/ca/en-ca/…/the-financials.html

During the term of the franchise, fees paid to McDonald’s for each restaurant, include:

Royalty: 4%-5% of monthly gross sales

Rent: a monthly base rent and/or percentage rent that is a percentage of monthly gross sales.

License Fee: a one time fee of $45,000 is paid for 20-year term.

thefranchiseking.com/how-much-is-a-mcdonalds-fran…

But according to other sites:

www.franchiseba.com/mcdonalds-franchise/

That doesn’t include marketing fees, so its more like 8%+ of gross sales, not profit, which is a lot! On top of tons of other fees.

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