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No, they don't own the properties outright. McDonalds operates as a franchise
by arthurcolle 8y ago
No, they don't own the properties outright. McDonalds operates as a franchise
- deleted 8y ago[deleted]
- kgwgk 8y agoFrom their annual report: "The Company owns and leases real estate primarily in connection with its restaurant business. The Company identifies and develops sites that offer convenience to customers and long-term sales and profit potential to the Company. To assess potential, the Company analyzes traffic and walking patterns, census data and other relevant data. The Company’s experience and access to advanced technology aid in evaluating this information. The Company generally owns the land and building or secures long-term leases for conventional franchised and Company-operated restaurant sites, which ensures long-term occupancy rights and helps control related costs." "The Company owned 45% to 50% of the land and 70% to 75% of the buildings for restaurants in its consolidated markets at year-end 2017 and 2016."