| | | You interested in starting a McDonalds Franchise? Here is some food for thought...pun intended.
The movement is not a 50 cent raise, it is for a 15.00 starting wage. The current starting wage to work at McD here is 8.26 for an untrained crew member. The cashier makes more, then the wage goes up more for the crew trainer. Finally the Shift manager starts at 10.22.
Summary:
You will charge $26.00 for a meal.
$2,182,059.00 for a franchise
$45,000.00 franchise fee
12.5% royalty
If you raise the wage for everyone to 15.00 with no accounting for the higher skilled workers the cost for a McD with 15 employees goes from $257,712 annually to $468,000. Double the costs for supplies also (buns burgers fries etc) for the same reason. That would be near quadruple the cost to produce a combo meal. An average double quarter pounder meal is now going to be priced at around $26.00.
The price of a franchise ranges but according to Franchise Mall website we are looking at $2,182,050 for a franchise, $45,000 in franchise fee, and a 12.5% royalty.
Where will your customers come from?
Less_Curious |
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