McDonald's (MCD) Company Profile
Company Profile McDonald's Sector: Consumer Discretionary Industry: Hotels, Restaurants and Leisure Sub-Industry: Restaurants Ticker: MCD Fiscal Year End: December 31 McDonald's is the one of the most ubiqious names in the fast food business. The company started off as a barbecue restaurant in 1940 by the McDonald brothers. By 1948 it was restructured as a hamburger joint and this was soon followed by the opening of the first McDonald's franchise. Ray Kroc was the first franchise agent of McDonald's and later bought the company from the brothers. Kroc subsequently reinvigorated the McDonald's brand and converted it into the global fast food restaurant chain it is today. The Franchising Process: Interested owners approach the company and are subjected to a selection process. Selected owners pay at least 25% of the purchase price as down payment. The rest comes from lending institutions. Owners must pay ongoing fees, which include A service fee, which is a A monthly base rent monthly fee based on sales McDonald's distributes more than 1.5bn toys annually. The company sells more than 75 hamburgers every second. BIDNESS SOURCES: Company Data, SEC filings, Bloomberg Professional Services Etc. DISCLAIMER: Bidness Etc(TM) and related marks are owned by Bidness Etc. Any other trademarks appearing on this website are the property of their respective owners, and aro not used to indicate the origin of goods or services offored or prowidod by Bidness Etc herein or to suggest approval for or atfiliation with Bidness Etc.
McDonald's (MCD) Company Profile
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