2006-10-15 12:44:52 · 2 answers · asked by osunumberonefan 5 in Business & Finance ➔ Personal Finance
Why would you? Most fast food giants now will not allow someone to have a franchise in a market theyd consider to be extremely profitable. They require an obscene amount of money to start, and then about half of them go belly up!
If you can save $1,000,000 that McDonalds (and others) require, why would you NEED to get into the fast food business?
Real Estate is still the safest way to build wealth, and while many people talk about the headaches that go with being a landlord, they are nothing compared to being the owner of a fast food joint. If you want to save up $1,000,000, become a real estate investor. Once you have the money you need, ask yourself if you still want to flip burgers!
2006-10-15 13:10:22 · answer #1 · answered by Serving Jesus 6 · 3⤊ 0⤋
most franchises require that you have existing assets of $1,000,000 or more ! tough way to make $ having to deal with irresponsible juveniles...high turn over and you get to fill in for all the no shows to keep your business afloat !!!
2006-10-15 19:49:24 · answer #2 · answered by Anonymous · 0⤊ 0⤋