How much money is given by me to get the mcdonal frachise?

Question

How much money is given by me to get the mcdonal frachise?

Answer 1

In all likelyhood, not less than INR 1 crore

Answer 2

Given by you? It has been my understanding that to be awarded a McDonald's franchise you should already have a net worth of $2 million or more, be an experienced business manager, and have a marketing plan for the new location.

You would be given assistance in starting the franchise, but the business would be borrowing this money from a bank with relationships with the corporation.

I am not aware that you would "give" McDonald's money, but I am sure there are costs/fees paid to McDonald's that are associated with starting the franchise. I suggest you contact McDonald's directly with that particular inquiry. Or you can look at their website on the topic at http://www.mcdonalds.com/corp/franchise/...

Answer 3

Since the total cost varies from restaurant to restaurant, the minimum amount for a down payment will vary. Generally, we require a minimum of $300,000 of non-borrowed personal resources to consider you for a franchise. Individuals with additional funds may be better prepared for additional or multi-restaurant opportunities.