Re:McDonald's is considering rent deferrals for franchisees
by 0xcde4c3db on Tuesday March 17, 2020 @10:12AM
(#22604990)
As far as I know, most fast food franchises don't own the land under the restaurants in the way that McDonald's does. I'm not familiar with the numbers, but I've seen quips to the effect that McDonald's is a real estate investment firm that does fast food as a side hustle.
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Re:McDonald's is considering rent deferrals for franchisees
by klenwell on Tuesday March 17, 2020 @12:31PM
(#22606667)
That quip was actually documented quite lucidly in The Founder (where Michael Keaton plays Ray Kroc). I really enjoyed that film.
Re:McDonald's is considering rent deferrals for franchisees
by hef19898 on Tuesday March 17, 2020 @10:16AM
(#22605013)
I read a similar article once as well. Back then I wondered where the benfit would be, other than it being kind of a company store for franchise owners. Turns out to be a very robust set-up for crisis, doesn't it?