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As far as I know, most fast food franchises don't own the land under the restaurants in the way that McDonald's does. I'm not familiar with the numbers, but I'v
by 0xcde4c3db 7y ago
As far as I know, most fast food franchises don't own the land under the restaurants in the way that McDonald's does. I'm not familiar with the numbers, but I've seen quips to the effect that McDonald's is a real estate investment firm that does fast food as a side hustle.
- hef19898 7y agoI read a similar article once as well. Back then I wondered where the benfit would be, other than it being kind of a company store for franchise owners. Turns out to be a very robust set-up for crisis, doesn't it?
- klenwell 7y agoThat quip was actually documented quite lucidly in The Founder (where Michael Keaton plays Ray Kroc). I really enjoyed that film.