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This accounts for all the packaging that all McDonalds products come with. Income Tax expenses saw a dip in 2018 due to the fall in the statutory rate. Since the total cost varies from restaurant to restaurant, the minimum amount for a down payment will vary. Other business-related expenses to consider include taxes, licenses, and insurance. McDonalds purchases food commodities such as beef, poultry, fish, potatoes, dairy products, and other items from thousands of suppliers. McDonald's Corporation's operations management (OM) supports the company's position as the largest fast-food restaurant chain in the world. Our resources are unmatched, and the McDonald's franchise model is the best in the world. Published by Statista Research Department , Apr 13, 2022 The selling, general and administrative expenses of fast food burger chain McDonald's amounted to approximately 2.71 billion U.S.. McDonald's drive-thru presence and experience with operating high-performing drive thrus for over 45 years is unrivaled. Operating costs and expenses. Fiscal year is February-January. She has been an investor, entrepreneur, and advisor for more than 25 years. With the pricing system and training taken care of by the company, the management of the location is the main variable a franchisee must take charge of. The metric was just -1% of Total Revenue in 2018 and Trefis estimates it to be around -1.8% of Total Revenue in 2019. She is a FINRA Series 7, 63, and 66 license holder. With more than 38,000 locations all over the world, the company is one of the strongest, most well-positioned franchise operations of all time. McDonald's. The go-to birthday outing for the kids. It is done on the franchisees own part-time. The 2020 report itemized costs and expenses related to "Selling, general and administrative expenses" as "Depreciation and amortization" and "Other". Could 0DTE Options Be The Cause Of The Next Market Meltdown. Please check your download folder. Expect to invest between $1 million - $2.2 million to open your first restaurant depending on the location. This can be a difficult pill to swallow for many operators and something youll need to be okay with before getting involved. System-wide annual sales after food and paper cost around $1.9 million on average. Those with more experience tend to understand the various factors that go into profitability and the multitude of ways you can make a business more efficient.