McDonald’s Franchise in India
One of the most loved food chains in India has always been an attractive option for businessmen to invest. McDonald’s franchise model was established in the year 1955, and has added worth to the brand through the franchise model, making it one of the most successful ones in the years.
Whom to Contact?
The licensing authority for McDonald’s franchise is being managed by two entrepreneurs, namely Amit Jatia, Vice Chairman of Hardcastle Restaurants Private LImited and Vikram Bakshi of Connaught Plaza Restaurants Private Limited. Amit handles West and South India franchise while Vikram manages North and East India.
Franchise Agreement Document
They have their Franchise Disclosure Document (FDD) which needs to be read thoroughly before you plan to open one. It’s a 375-page document, giving you an outline of roles, responsibilities the franchisor expects from you.
The manual contains the expected cost of training, operational cost, training and other amenities required to keep the franchise up and running. It also has all the legal terms, conditions and norms one has to follow before entering this business.
You can buy it online or simply Google the PDF as McDonald’s Franchise Disclosure Document (FDD).
Commercial & Monetary Expenses
As per the guidelines, a McDonald’s franchise requires a total investment of approximately 6.6 Cr to 14 Cr. with an available liquid capital of 5 Cr. A franchise fee or INR 30 lakhs is charges separately. As a franchise, a service fee of 4% of total sales shall be charged by the franchisor.
The estimated time for achieving breakeven is approximately 2-3 years which gets varied by different factors.