Franchise Business; McDonalds
1955 Oakland, Illnois
How Long McDonalds Has Been In Business
Starting Up Cost
Do They Offer Training?
Since its inception, training at Hamburger University has emphasized consistent restaurant operations procedures, service, quality and cleanliness. It has become the company’s global center of excellence for McDonald’s operations training and leadership development.
In 1961, Fred Turner, McDonald’s former senior chairman and Ray Kroc’s first grillman, founded Hamburger University in the basement of a McDonald’s restaurant in Elk Grove Village, Illinois
Qualifications for a franchisee
Have a good choice of business
Have alot of money to invest in the business
Follow the franchise rules
Present the franchise well.
How much are the royalty fees/monthly fees that get paid back to the franchisor?
The most frequent type of format is having the fee calculated on about 5-8 percent of the total gross sales that the franchisee earns. However, there are some franchise organizations that may charge a higher percentage based on net sales (after expenses), usually somewhere around 6-10 percent.