Throughout the world, McDonald’s is one of the leading Quick Service Restaurant brands and the biggest fast-food chains, which have 36000 franchises in 119 countries. It was started in 1940 in the US and is one of the most favorite brands of people because it serves the best food. The food which they offer is the just too awesome and it is one of the main reasons that having a McDonald’s franchise is highly profitable as well as beneficial. But there are numerous things which you should know before you get a franchise. And here today we will cover everything about how to start McDonald’s franchise in India.
What makes McDonald’s so much popular?
McDonald’s started as a barbecue restaurant in 1940 but they soon changed it to hamburgers. It was the time when McDonald’s actually started to rise above because switching to hamburgers was the best move which resulted in a popular and a complete production of such food. It was all started and expanded like a wildfire and people started opening its franchises all over where they only earned the profit.
But the main question is that why McDonald’s got all the hype? And the answer is that they did exactly what people wanted from them, what people expected from them.
They offered people good food, especially hamburgers and fries with a standardized uniform taste all over their outlets. This uniformity actually gave them their uniqueness. Like any other brand or company, McDonald’s has also seen numerous ups and downs, but they never gave up and continued to serve their customers with best food and services.
Because of the best services and food, the customers of McDonald’s have a deep level of trust which is the major key for any brand to be successful. No matter what but McDonald’s always try to keep their customers happy at first place and this is the reason they love to visit it again and again. The trust of the customers played a major role in the success of McDonald’s because more people visit them, they earn more.
Because of these above-mentioned reasons, it is very beneficial and profitable to have a McDonald’s franchise. They themselves provide the franchisees a brief training for running a franchise. McDonald’s is one of the most sorted brands which have standardized food items. If you are satisfied with these advantages to get a franchise, then let’s turn to know that how you can get the one and how you can earn from it.
What do you need?
So, if you want to have a McDonald’s franchise, then there are some requirements which need to be fulfilled. The major requirement is the MONEY which depends on the location of the franchise. For instance, if you are planning to open its franchise in a gas station, then you would have to pay more as compared to its franchise in a building or a store. If you are planning to open its franchise in any freestanding buildings, food courts or store fronts, then you have to invest $50,000. And if you are planning to open its franchise in places like strip centers, hospitals, universities, stores, airport, etc. which are also called satellite locations then the investment will be $25,000.
Your investment for a McDonald’s franchise can vary for the satellite locations and traditional gas stations if you plan to open it up at the locations like Small town oil, also called as STO or STR. For satellite locations, you need to invest between $175,500 to $650,100 and for gas stations, you need to invest between $850,800 to 1.4 million. The gas stations and satellite locations are kind of prime locations, thus the investment is more as compared to the traditional locations.You also must know that you get an agreement for 20 years if you invest for the traditional locations.
Further, McDonald’s charges 4% of the gross sale as a royalty fee or a percentage rent on the gross sale. All these investment figures might not be the same for all the countries. Finally, you can expect the breakeven point to be around 2 to 3 years which is something great for making profits out of a franchise.
The Applicant’s Qualifications
McDonald’s seeks applications from those people who fall in any of these three categories:
- overall business background and experience;
- personal qualities; and
- financial abilities
They look out for those individuals who have a strong and intricate business experience, including a strong managerial and supervisory background. If you have an experience in the retailing sector, then it will be an asset. They require those people who have a good track record of success, no matter in which industry or at what level. Starting a McDonald’s franchise is operating a multi-dollar business with a staff of maximum 100 people. So, it is important to prove your leadership skills and talent to manage the human resources.
How to Apply For Franchise?
The contact information of McDonald’s is as follows:
McDonald’s India (HRPL) has moved to the India Bulls Office:
Hardcastle Restaurant Pvt. Ltd.
1001 – 1002, Tower – 3, 10th floor,
Indiabulls Finance Centre, SenapatiBapatMarg
Elphinstone Road, Mumbai – 49135000;
Telephone no: 022 -49135000;
If you have space and want to open a McDonald’s franchise, then you need to contact McDonald’s by emailing at
North and East: development@McDonaldsindia.com
What after application got approved?
If your application to open a franchise gets approved, then they will offer you the training at Hamburger University. It offers multiple courses with different course duration. They will assign you a center for your training which will be one of the McDonald’s restaurants only. They provide the direct hands-on training by the McDonald’s Business consultant. They even provide part-time training sessions to their employees. This training goes for about 24 to 36 months, including minimal chargeable fees for other conventions and meetings.
McDonald’s is a really popular brand in the food industry and because of its popularity more people want to rent their space to have a franchise in India. So, it is better to take action now and email them your application which must be an impressive one. Those few words in your email regarding your application for a McDonald’s franchise in India can give you a lot of profits in the coming years. It is the time to take the right decision and the rest will be taken care by them. All you need to do is to keep your customers happy.