3 ms·
The statement off the McDonalds website doesn't imply revenue = profit. There are a variety of net margins that differ by industry, and I wouldn't be surprised
by johnwheeler 10y ago
The statement off the McDonalds website doesn't imply revenue = profit. There are a variety of net margins that differ by industry, and I wouldn't be surprised if the net income (what you call "take home pay") would be $150K.
The franchising royalties would be deducted before that net income. $150,000K * 5 is enough to live "high on the hog", especially since you wouldn't have to save it given you own 5 McDonalds you could sell, probably for a large profit down the line too.
- greedo 10y agoSure if you magically own five franchises; in that case you've already invested at least $5m, if not double that. I can't find the link you're referencing, since the first return on Google isn't linked to McDonalds directly, but McDonalds franchisees and managers refer to one measure of "profit" as profits after controllables (PAC). This is nothing like net operating income.
- johnwheeler 10y ago> Sure if you magically own five franchises Please refer to the parent thread, where we're talking about what you'd do with $5M. You really should read the conversation and get background on it before you jump onboard and try making others look stupid. You make yourself look dumb, or a troll, or both.
- greedo 10y agoYou stated completely incorrect info on the average profit of a US based McDonalds. Sorry to point that out to you.