By Divya
November 25,2022
Metalnation.org
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In 1955, Ray Kroc, a businessman, joined the company as a franchise agent and proceeded to purchase the chain from the McDonald brothers.
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Radhakrishna Foodland Pvt Ltd, the authorised supplier to McDonald's restaurants in east and north India, stopped the supply when sales dropped amid doubts about the eateries' future.
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Franchisee site rentals are the company's biggest revenue stream. McDonald's isn't a fast-food franchise but a real estate empire. This earns McDonald's rent and food royalties.
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McDonald's pay ranges from approximately £7.25 per hour for Kitchen Team Members to £14.87 per hour for Cashiers. A Crew Member at McDonald's earns an average salary of £8,485 per year, while a Server earns an average salary of £22,786 per year.
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A McDonald's franchise costs between Rs 6.6 Cr and Rs 14 Cr, with a liquid capital requirement of Rs 5 Cr. Franchise fees are Rs 30 lakh. You will be charged a service fee of 4% of your sales as a franchisee. We join the dots to inform and inspire you with our newsletter, Simply Put.
Metalnation.org
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