Are you thinking about buying a food franchise?
Does the idea of owning a McDonald’s franchise-or two, sound appealing?
How long would it take for you to make money as the owner of a food franchise like McDonald’s?
Let’s find out…
A Great Food Franchise Question
How many Big Macs do you need to sell to break even on your investment in a McDonald’s franchise?
And…why should it matter?
It matters because once in awhile, people looking at franchises need to be humbled. It’s good for the soul. (Supposedly)
If I could get paid $100 for every time someone, (after finding out that I was in franchising) asked me how much a McDonald’s franchise would cost to buy, I’d have enough money stashed to at least send in the down payment required for one restaurant. Seriously.
Investing in a McDonald’s franchise isn’t for the meek. Actually, it’s not for most people. But, either are Ferrari’s.
The 1% Food Franchise Club
If you happen to be the proud owner of one or two McDonald’s restaurants, I’d wager that you’re in the 1% club. (Or pretty darn close.) And, I salute you. I’m serious; it took an awful lot of courage to write a check for at least $300,000, a certain degree of intelligence to get help crafting a superb Franchise Business Plan, and some solid business skills to obtain a small business loan. You would also have to have some pretty powerful skill sets in order to negotiate a commercial lease with the best lease negotiators our world has ever known.
The Big Mac Math
You’d need to sell 39,312,039 Big Macs to get your $1.5 million investment in a McDonald’s franchise back.
(Based on the average cost of a Big Mac in the USA-$4.07)
And, how do I know that the average cost for McDonald’s double cheeseburger concoction is $4.07?
Because I looked very closely at the Big Mac Index Infographic below…..
Now, go sell some Big Macs.