As everyone knows, they are Starbucks and McDonald’s.
Based on sales (2024)
Starbucks recorded $36.2 billion and McDonald’s recorded $25.9 billion.
It was followed by third place with $22 billion.
The reason this guy is the GOAT
While there are more than 40,000 McDonald’s or Starbucks stores,
There are only about 3000 of these.
You can see it by looking at the sales.
The average annual sales per store is over 10 billion won.
Not even open on Sundays
The owner of Chick-fil-A
Closer to a hired operator rather than a franchise owner
The initial franchise fee is only $10,000.
All costs incurred in opening a store, including real estate, are
Instead of paying for the head office
Pay 15% of total sales as royalties
50% of the remaining net profit is distributed to the head office.
The problem is becoming the owner of this store
It’s harder than breaking NVIDIA.
When competition is fierce, it approaches 70,000 to 1.
The conditions are also very strict.
Proven business leadership;
Experience in successfully managing assets;
Passionate and active personality,
Burial must be carried out at a location designated by the head office.
No concurrent employment,
Cannot operate more than 1
You have to meet all these criteria to be a candidate or not.
The selection process itself is long, lasting 1 to 2 years.
Interviewed more than 10 times
Submit essays more than 10 times
You may be asked to submit a high school transcript.
If married, a spouse interview is also conducted.
Even after being selected
You must complete an intensive training course of several months.
Finally, you are qualified to become an operator.
By simple calculation
Even if you eat just 5% of 10 billion, it’s 500 million won.
Just rush like crazy