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The same applies to why there is a McDonald's on the Champs Elysse in Paris, in the heart of Beijing, New York City, etc. It's a loss for the location, but it's
by ALee 11y ago
The same applies to why there is a McDonald's on the Champs Elysse in Paris, in the heart of Beijing, New York City, etc. It's a loss for the location, but it's really just an investment vehicle where the land itself is not being used for traditional purposes.
- jsn117 11y agoand all retail establishments on major/famous streets
- angelbob 11y agoMcDonalds is very open about investing in real estate. They own all their own locations. The restaurant is basically just to pay the rent on the land they own.
- mikeash 11y agoParis, maybe, but I'd be surprised if McDonald's loses money in Beijing. Their prices are high for that market and yet somehow they're always very busy.