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Dick & Mac McDonalds.

Dick & Mac McDonalds. Allie Nava Period 1 03-08-2011. McDonalds Past. Founded in 1955, Franchised in 1995. First McDonalds STAND was in California in 1994. Ray Kroc (business man) talked the brothers Dick and Mac McDonald to make a chain of McDonald restaurants.

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Dick & Mac McDonalds.

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  1. Dick & Mac McDonalds. Allie Nava Period 1 03-08-2011

  2. McDonalds Past. Founded in 1955, Franchised in 1995. First McDonalds STAND was in California in 1994. Ray Kroc (business man) talked the brothers Dick and Mac McDonald to make a chain of McDonald restaurants. Kroc became they’re business partner. They opened the first McDonalds restaurant in Des Plaines, Illinois in 1995.

  3. Total Franchise Fee’s. Total investment- 1,057,200 through 1,885,000 Franchise fee- 45,000 Franchise fees + Equipment + Other Startup Costs Will Be At Least = $500,000. It might even go up to 1.5 million, sometimes more! It also requires a 40% down payment. You can get loans from a bank if needed.

  4. Steps 1-4 First, you need to see if you have the money to even open a McDonalds franchise. Second, see if you meet the financial requirements for franchise owners. Third, you’ll also have to meet the experience requirements. Fourth, then see how well McDonald franchises do in the area you want to open in.

  5. Step 5-7 Fifth, you need to be ready to commit to maybe a 20 year franchise. Sixth, plan to be an owner and operator. Seventh, go to the McDonalds website, click on "Corporate McDonald's“ Then “Franchising” at the top. From there click on application to begin the approval process.

  6. Financial Requirements McDonalds requires you to have substantial financial resources. Also you need 100,000 in liquidable assets.

  7. Experience Requirements Franchise owners must have previous experience in fast food service mang. Industry experience. And have a general understanding of business and marketing.

  8. From 1995 Till Now. “Golden Arches” have become nationally recognized for. . Quick-service. Hamburgers! Fries! Chicken! Breakfast! Salads! And at last, their delicious Milkshakes!

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