This is the typical cost of a McDonalds Franchise! Rather a lot to have your own business and training comes at a price too! How does this compare to having your own Forever Living business, which isnt a franchise....? What does it cost? As a guide, the cost of a restaurant typically ranges from £125,000 to £325,000. You will need to provide at least 25% of the value as unencumbered funds, the remaining 75% can be funded through a bank loan with favourable funding terms. Theres also a one-off franchise fee of £30,000 and a training deposit of £5,000 which is refunded when you complete your training. There are also ongoing fees: Monthly rent on the premises, based on sales and profitability (usually ranging from 10% to 15%) Service Fee for the use of the McDonalds system - 5% of sales Contribution to the national marketing spend, currently 4.5%
Posted on: Sat, 22 Mar 2014 11:15:08 +0000
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