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Porsche-O-Phile Porsche-O-Phile is offline
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Join Date: Feb 2004
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FYI McD's is EXTREMELY competitive for franchises. From my days when I had them as a client I learned (IIRC):

O-Os (Owner/Operators) have on average three restaurants already - individuals who are already O-O's are preferred.

At least $2M liquid assets (forget whether this was a requirement, but there was a pretty high liquid asset requirement even to be considered)

Prior restaurant experience

VERY comprehensive and detailed business plan

There's probably someone on here who's an O-O who can chime in. Also those guys have to pay a LOT to McD's corporate for the franchise and all kinds of other stuff as time goes along, but they do all right for the most part so long as they have decent oversight/management of their restaurants.
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Old 05-24-2011, 02:31 PM
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