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Anyone can easily earn money by opening a franchise. Franchisee is also a kind of business, from which you can earn good special profits. At the same time, there are many such companies in the world, whose franchises you can take. McDonald’s company is one on the list of these companies. McDonald’s currently holds the status of the largest restaurant chain in the world. Not only this, at present there are thousands of sales centers (outlets) in the world. In such a situation, if you are thinking of taking a McDonald’s franchise, then this can be beneficial for you. At the same time, through this article of ours, you will be able to get information about many beneficial things related to McDonald’s franchise. Today in this article we are going to tell you how you can open a McDonald’s franchise.
How to take McDonald’s franchise in India – Are you looking for a business that is associated with the food industry, then today we are going to give you complete information on McDonald’s Franchise in India and how you can get a McDonald’s franchise. Read the full article for details.
McDonald’s company has the status of the largest restaurant chain in the world, so the business of this company is very spread, being an international brand as well as a very popular brand, people all over the world are making big money by joining McDonald’s company if you also want to start your business by joining McDonald’s company, then you can stay in very profitable.
If you want to start a McDonald’s company franchise business, then you are going to get complete information about it in this article that how you can start your business with a McDonald’s. McDonald’s franchise in India
McDonald’s Franchise Company Information
Before taking McDonald’s franchise, let us know a little about the company, so for your information, let us tell you that McDonald’s is an international brand as well as a very popular brand, which is an American fast-food restaurant company that started in September 1940. The business of the company was so big that it has more than 36,900 stores in 119 countries in the world. And McDonald’s is the world’s first largest restaurant chain. Is.
McDonald’s is a Real-Estate company and now McDonald’s is a fast-food restaurant chain that is very popular among the people for its popular fast-food McDonald’s in India to meet the demand of both Vegetarian or Non-vegetarian customers. Targets McDonald’s is the second company in the world that employs the largest number of people in the private sector.
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McDonald Franchise Business Model
The company’s business in India is also very captivated and McDonald’s has more than 350 stores in India. This company, company started its business in India, and the company had made its brand value in India as well. Very popular because of its good food.
Like every company starts more franchises to increase the network of its business, in the same way, in addition to having more value and customers in India, the company wants to increase its business further by starting its new franchise, if you want to increase your business with this company. want to start a business So the company pays another (franchisor) to use the franchisor’s business model and trademark. The franchisor provides various types of support to the franchise, such as training, support services, and advertising. There is no need to do much marketing.
Types of McDonald’s Franchise:-
There are four types of McDonald’s restaurant franchises. About which information has been given to you below, while reading the information given below, you will know what kind of franchise you can take-
- Traditional Restaurant – Inside this type of location comes a place like a food court, freestanding building, and storefront. This franchise is available for 20 years. Even in this type of franchise, great care is taken on the quality of food and service provided to the people.
- Satellite Location – Under this location, places like airports, colleges, and hospitals come. That is, the franchises that open at these places are called satellite location franchises. At the same time, non-McDonald’s trademarked products can also be sold in these franchises.
- STOR and STOR Location – The stores that are opened in place of filling oil in small cities come under this location. At the same time, you must have seen many such places in India, where there is a petrol pump on one side and McDonald’s restaurant on the other. Whereas the franchise period for STO and STR locations is 10 years. This means you can open your restaurant here only for 10 years. At the end of the period, you will have to apply again to take the franchise
- Business Facility Lease (BFL) Franchisees: (McDonald’s business facility lease) – This is given on lease to those taking the franchise, which includes business facilities. Whereas BFL type franchise is given for three years.
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McDonald’s Products McDonald’s Franchise in India
McDonald’s products are popular all over the world, because of their product, they rule the hearts of the people, their products are as follows;-
- veggie burgers
- chicken burger
- French fries
- blast ring
- As things are included, people like the things sold by them.
Why is McDonald’s so successful?
There are many reasons for the success of McDonald’s company, but the main reason is that the service provided them, they follow the Q-S-C-V policy during their service, which means-
- Q-Quality They pay great attention to the quality of their product, wherever you go to their store, you will get a new identity of each of these products.
- S-Service Their customer service is very good.
- C-Cleanliness They have experienced staff at your store for cleaning and also hygienically preparing the food.
- V-Value They make their products in such a way that they add flavor to them that any customer feels that their money spent is the value of the product.
Requirements for a franchise
Let us know what are the requirements to start a business with the company in India-
- Worker requirement
- Land Requirement
- Franchise Investment Cost
- Documentation required
In India, if someone wants to take a McDonald’s franchise, then his net worth should be between 9 to 10 crore rupees, not only this, there should be an asset of up to five crore rupees in the form of cash or there should be any such asset which can be quickly in cash. Although this limit may be more or less according to the location and size of the franchise, it is clear from these figures that you will have a good amount of assets only then you will be able to take the franchise of KFC.
After taking any franchise, you have to apply for a permit. Therefore, while opening a franchise in your city, do not forget to take a permit from the local government office there. You also incur some expenses while getting a permit. Apart from this, you also have to submit some documents there.
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How much land is needed?
Let us know how much space you should have if you want to take the McDonald’s franchise.
The company has not mentioned anything about the land requirement for giving the franchise but after doing market research it is found that to start a McDonald’s franchise at least 1500sq.ft-4000sq.ft of space is required and the space There should be a big highway near you or your store should be in a big market, only you have to keep in mind, you have to choose the place in such a way where the public keeps coming and going.
Employees Required McDonald Franchise in India
You need employees as soon as you start this business, from the very beginning you need 15 employees, out of which you can keep 6 employees in the kitchen and 4 cash counters and 5 for delivery in the rest store, apart from this you have 1 manager. And accountants are also needed, you need employees separately to deliver at home.
Cost of opening a McDonald’s franchise
All the investment of this business depends on your location, where you want to start your store, then according to what type of store you want to start, you need investment, maybe your 1.5 Crore in any location. Work can start but in some other locations, you may have to invest more than 6 Crore.
- You have to invest inland. (McDonald franchise cost in India)
- Store setup.
- Employees cost.
- There is a franchise fee that varies. (25 to 30 Lakh)
- Machines and equipment cost.
- Other expenses
- Overall, if you want to start a business with McDonald’s, then you will have to invest more than 7 Crore.
Documents for dealership
To start the business of this company, some documents have to be given to the company which helps you to get the distribution of the company which is something like this.
Personal Document (PD): – There are many documents inside the personal document such as:-
- ID Proof:- Aadhaar Card, Pan Card, Voter Card
- Address Proof:- Ration Card, Electricity Bill,
- Bank Account With Passbook
- Photograph Email ID, Phone Number,
- Other Documents
- TIN No. & GST No.
- Complete Property Document With Title & Address
- Lease Agreement
- For this, you also have to form a firm or company, to register the company
How To Get McDonald’s Franchise In India
McDonald’s Company is an American company that does all its work in America itself, but to work in other countries, the company has given its master franchise in different countries, through which it does its business in other countries. Mcdonald’s franchise cost in India
To make McDonald’s business franchise in India, you have to contact Hardcastle Restaurants Pvt. or Vikram Bakshi Connaught Plaza Restaurants Pvt. Ltd. This company runs the business of McDonald’s company in India and also helps to start the franchise. (McDonald’s franchise application)
If you want to take McDonald’s franchise in West and South India then you have to approach Hardcastle Restaurants Pvt. On the other hand, if you want to open a franchise in North and East India, then you have to contact Vikram Bakshi Connaught Plaza Restaurant Private Limited Company.
Franchisee Training and Support
When you take the franchise of the company, then the company also gives you 6 weeks of training and he will have to work inside McDonald for a few days, after that the company will give the franchise of McDonald and the company does complete help inside the restaurant like decoration and interior all. Helps in things, the company teaches you all the work itself, only you have to invest.
Term & Agreement for taking Franchise
In the beginning, the company gives you an agreement that for how many years you can take the franchise, if your work feels right to the company, then the company enlarges it for more years or later you can get this renewal done-
Initial Franchise Agreement – 10 Years
Earning From McDonald’s Franchise
The earnings of the franchise of any company depend on its selling and product. Looking at McDonald’s brand value, you start wishing about 2 lakhs of the month from this business from the very beginning and this earning goes on increasing gradually.
After taking a franchise, you have to pay a monthly fee to McDonald’s. At present, McDonald’s charges a service fee of 4 percent on the sale of its products. At the same time, the money that is left after paying the 4 percent fee is your profit.
If you take a franchise of any company which comes in profit continuously, then obviously you can earn profit from the business of that company. The cost of this is completed in 3 years, with this the company gives some commission out of its profit, you can earn lakhs per month from the business of this company.