McDonald’s - the Ultimate Baby Boomer Business
Sean over at Franchise Pick recently talked about McDonald’s. His discussion of post-WWII era families traveling around the country eating at the same place every day (McDonald’s, of course), brought back memories.
In high school, we spent most nights at McDonald’s, cruising around and eating in our cars (this was pre-eat-in). In college, we would leave the dining hall and go to McDonald’s for fries for dessert.
Want to invest your retirement savings in a franchise? According to the McDonald’s franchise website, you will need about $250,000 in “non-borrowed” personal assets. After you have been trained at “Hamburger University,” and you open your franchise, you pay a service fee that is a percentage of sales, and rent (also based on sales).
McDonald’s is #5 on the Top 10 Franchises (selected by Entrepreneur Magazine). And if you buy a franchise, you can give your grandchildren free Happy Meals forever!
I’m almost convinced to do it.
Tags: big_mac, franchise, fries, hamburger_university, mcdonald, retirement_savingsRelated Stories
POSTED IN: Being A Boomer, Boomer Talk, Businesses for Boomers, Marketing
4 opinions for McDonald’s - the Ultimate Baby Boomer Business
A valentine to a great small business “baby boomer” - but who?
Feb 13, 2008 at 6:29 pm
[…] Gates is a boomer but not exactly in “small business.” And Ray Kroc, who discovered McDonald’s, is no longer with us. So […]
A valentine to a great small business “baby boomer” - but who? | money news blog
Feb 13, 2008 at 9:45 pm
[…] Gates is a boomer but not exactly in “small business.” And Ray Kroc, who discovered McDonald’s, is no longer with us. So […]
Put away the rose-colored glasses: A not-so-rosy future for Baby Boomers
Feb 20, 2008 at 5:06 am
[…] values and housing values are declining, and soon we’ll be poorer than we want to be. Back to McDonald’s at the end of our careers, just like at the […]
Put away the rose-colored glasses: A not-so-rosy future for Baby Boomers | money news blog
Feb 20, 2008 at 10:45 am
[…] values and housing values are declining, and soon we’ll be poorer than we want to be. Back to McDonald’s at the end of our careers, just like at the […]
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