I heard people can buy and own restaurants like Denny's and Mcdonalds, is this true? I thought they had one ..

Question

owner, do they have limitations on what they can do with their restaurants? can they buy a denny's and turn it into a Chinese restaurant, but keep the name?

Answer 1

its a francise. you buy the business plan, and the parent company supports you. you actually own that outlet, but you must pay respect to your parent organisation. you cant alter the set menu, uniform, decorations etc without express permission from your parent company.

Answer 2

McDonald's and some other restaurants are not 'chain' restaurants... they are franchises.

chains are when they are owned by one person/group of people acting as one

franchises are when individual people can open a restaurant and make it a McDonald's or something.  they pay McDonald's a franchise fee to be able to use their name and to get the free publicity and such.  they also must sign contracts that say they will use certain suppliers, use a set menu, along with a bunch of other rules that are meant to make each restaurant pretty much the same.

no, you cannot buy a Denny's and make it a Chinese restaurant.  that would be against the franchise agreement.

Answer 3

it is franchise, but doing so, you still have to maintain the integrity and the essence of the said company.  like the one you've mentioned, it is not possible for them to change it into a chinese restaurant and just keeping or using the name.

you franchise a product/company, then you serve as an extention from them.  they will still look the same, though the ownership varies.

Answer 4

it is called a franchise

Answer 5

Denny's, McDonalds, etc. are all franchises. You can buy one if you have the money.

In exchange for the money, they help you get started, give you tips, etc. It's your job though to follow their regulations.

You canNOT change a Denny's into a Chinese restaurant and keep the name. When you buy Denny's, you agree to operate the Denny's. Plus, you can't steal the name.

Answer 6

Its a franchise and you have to comply rules, specially on the theme and food.  You can't decide on that.

Answer 7

http://www.mcdonalds.com/content/corp/fr...

Answer 8

TRUE but they have to adhere to franchise rules. So if you own a Dennys you have to run it like they tell you too e.g menue, process, even sometimes the floor layout.

Answer 9

It's called a franchise when a company allows individual owners to run restaurants. They have to follow company standards, in order to uphold a certain image or quality that company wants to maintain. No, the owner of a franchise of McDonald's would not be able to turn it in to a Chinese restaurant. People from McDonald's corporate office come and check up on their franchises and expect it to look and run a certain way. The person who owns that respective store can make minor decisions about the store, like how much to pay the employees, but they have to keep the same type of look, food and service that all other McDonald's have. Otherwise it wouldn't be a McDonald's! There are a lot of major companies that work this way, like Starbuck's, Marble Slab, different clothing stores even. It's a great way to try and run your own business, without having to start from scratch and do everything on your own.

Answer 10

yup is a francise

Answer 11

Franchising

Answer 12

Here's a link on buying a restaurant franchise.  It sounds like a great idea.  I just found out that IHOP is buying out Applebee's.  Good Luck on your ventures!

http://restaurants.about.com/od/restaura...

Answer 13

you can purchase a franchise yourself, usually running around $250,000, could be more or could be less. Just depends on what restaurant and where the location will be.

Answer 14

YES IT IS TRUE!!!! It is a franchise opportunity you can be the other or restaurants like jack in the box carl jr mcdonals dominoes and like that the only this is the first person who created the logo and the menu is the only one that will provided the food items for example mcdonals you can own a mcdonalds but you would need to buy the food idems and use the logo of the founder but you'll be the owner. (In california anyways)

Answer 15

yeah they can own one but cant change it, its not their company they just manage it but i think there IS somethings they can do.

Answer 16

Many places are franchises, a chain store owned by an individual.  They still have to sell the same kind of food, but the special things that some places do, like the McRib or whatever, they dont have to sell that.

Answer 17

Its called a franchise. You buy it but you play by their rules to make a buck.

Answer 18

Its called franchising

Answer 19

is true yes but you need to pay McDonald only one thing the logo of the big M that's all my grandfather has one is pretty sweet I go and eat for free