|
|
|
|
Frequently Asked Questions - Qualifications
Q: What qualities does McDonald’s seek in prospective Owner/Operators?
Q: How much cash do I need to buy a McDonald’s franchise?
Q: Does McDonald’s offer financing arrangements?
NOTE: The McDonald’s Franchise Disclosure Document (FDD) answers all questions regarding our Owner/Operators' opportunities. The FDD is available in electronic format as a .pdf file or as a paper copy. The following list of questions is a brief response to typical inquiries. If there is any inconsistency or conflict between these questions and the FDD, the FDD will control. |
|
 |
Q: What qualities does McDonald’s seek in prospective Owner/Operators? A: Prospective Owner/Operators must, at a minimum, have the following qualities: |
|
- Significant business experience; we are particularly interested in individuals who have demonstrated successful ownership or management of multiple business units or have managed multiple departments.
|
|
- Individuals who possess the capability to grow rapidly with McDonald’s.
|
|
- The ability to develop and execute a business plan. An entrepreneurial spirit and strong desire to work hard and be part of an established franchise system.
|
|
- Ability to manage finances including a thorough understanding of business financial statements.
|
|
- Commitment to personally manage the day-to-day operations of the restaurant business.
|
|
- Willingness to complete a comprehensive world class training program and become proficient in all aspects of operating a McDonald’s restaurant business.
|
|
- The capability to effectively manage an organization that recruits, trains, and motivates restaurant employees who deliver an exceptional customer experience.
|
|
- An acceptable credit history
|
|
- Sufficient liquid assets (i.e., cash) to invest into the business.
|
| Please note not everyone who meets the above qualifications will be placed into our training program. McDonald’s also considers your willingness to relocate, after you complete the training program, to areas where restaurants may be available. |
Q: How much cash do I need to buy a McDonald’s franchise? A: McDonald’s requires that prospective Owner/Operators have a minimum of $300,000 in cash or liquid assets. Candidates with greater financial resources may have more potential franchise opportunities than those who meet the minimum requirements.
Q: Does McDonald’s offer financing arrangements? A: While McDonald’s does not offer financing, McDonald’s Owner/Operators enjoy the benefits of our established relationships with many national lending institutions including, we believe the lowest rates in the industry.
Candidates who successfully complete the 3 day “in restaurant” experience will be invited to a second interview to confirm mutual interest and discuss the training program requirements. The evaluation process includes a thorough review of your personal finances. |
|
|
|
|