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/biz/ - Business & Finance

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19422651 No.19422651 [Reply] [Original]

Is it profitable or worth opening a chain fast food place? if theres so many of them that must mean they make good money right? My budget is 50k.

>> No.19422668

For a chain fast food like McDonald's, you need like 500k to get everything set up and pay for the name.

>> No.19422681

>>19422651
Most money made by fast food corps is via the leases on the property. Franchisees have pretty shitty margins usually.

So basically if you can set up your chain to be a glorified real estate business, then yes. You're not going to get rich slinging burgers though.

>> No.19422698

>>19422668
and i believe like minimum 1mil networth so they know you can keep paying/operate it

>> No.19422714
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19422714

>>19422651
>chain fast food place
Not in my block

>> No.19422751

>>19422681
>>19422668
thats horrible, i thought i could make it by selling meat thats 60 percent foam.

>>19422714
anon.....i