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Message
re: Dozens of Black former franchisees sue McDonald's, alleging 'systematic' racism
Posted on 9/1/20 at 8:06 pm to RLDSC FAN
Posted on 9/1/20 at 8:06 pm to RLDSC FAN
quote:
But to open a single restaurant, the company requires that potential franchisees have liquid assets of at least $500,000. Startup costs, which include construction and equipment expenses, average between $1 million and $2.2 million, according to McDonald's.
In other words, each of these black franchisees had to have 500k liquid, and startup costs at minimum are $1mm.
Oppressed? Give me a frickin break. The franchise WINS if the franchisee at least breaks even.
A couple million bucks means jack squat to McDonald’s.
1
Posted on 9/1/20 at 8:28 pm to HammerJackFlash
quote:
In other words, each of these black franchisees had to have 500k liquid, and startup costs at minimum are $1mm.
Oppressed? Give me a frickin break. The franchise WINS if the franchisee at least breaks even.
I wouldn’t be surprised if McDonald’s lowered their standards for certain franchisees and locations.
McDonald’s franchises are the holy grail. Minority franchisees are given highly coveted McDonald’s franchises, they make tons of money, but are now pissed because they didn’t make as much as the other franchisees.
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