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Post by Deleted on May 16, 2024 20:22:19 GMT
I’ve been really interested in learning more about financial literacy recently. One of the things that I read which just gave me a lot of respect for how clever some businessmen are, is the McDonalds CEO saying that they are not really a burger company, they are a real estate company: www.wallstreetsurvivor.com/mcdonalds-beyond-the-burger/“we are not technically in the food business. We are in the real estate business. The only reason we sell fifteen-cent hamburgers is because they are the greatest producer of revenue, from which our tenants can pay us our rent.” McDonald’s cares about buying lots on corners that it believes will one day be even more expensive and it uses the rent from those who believe the franchise will make them money to do it. I’m not sure if this is commonly understood and I’ve just missed it over the years but to me, it’s kind of blown my mind. |
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Post by wannabee on May 16, 2024 20:34:47 GMT
I’ve been really interested in learning more about financial literacy recently. One of the things that I read which just gave me a lot of respect for how clever some businessmen are, is the McDonalds CEO saying that they are not really a burger company, they are a real estate company: www.wallstreetsurvivor.com/mcdonalds-beyond-the-burger/“we are not technically in the food business. We are in the real estate business. The only reason we sell fifteen-cent hamburgers is because they are the greatest producer of revenue, from which our tenants can pay us our rent.” McDonald’s cares about buying lots on corners that it believes will one day be even more expensive and it uses the rent from those who believe the franchise will make them money to do it. I’m not sure if this is commonly understood and I’ve just missed it over the years but to me, it’s kind of blown my mind. Burger King are even smarter, they allow McDonald's spend Multi-million $ researching Prime Locations and then open a Franchise across the Street |
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Post by lagwafis on May 16, 2024 20:39:40 GMT
It's been a while since I watched it but real estate was one of the plot points they explored in The Founder
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Post by fullmetaljacket on May 17, 2024 10:38:20 GMT
I’ve been really interested in learning more about financial literacy recently. One of the things that I read which just gave me a lot of respect for how clever some businessmen are, is the McDonalds CEO saying that they are not really a burger company, they are a real estate company: www.wallstreetsurvivor.com/mcdonalds-beyond-the-burger/“we are not technically in the food business. We are in the real estate business. The only reason we sell fifteen-cent hamburgers is because they are the greatest producer of revenue, from which our tenants can pay us our rent.” McDonald’s cares about buying lots on corners that it believes will one day be even more expensive and it uses the rent from those who believe the franchise will make them money to do it. I’m not sure if this is commonly understood and I’ve just missed it over the years but to me, it’s kind of blown my mind. Burger King are even smarter, they allow McDonald's spend Multi-million $ researching Prime Locations and then open a Franchise across the Street And have better burgers 🍔 😉 |
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Post by salopstick on May 17, 2024 10:54:58 GMT
Burger King are even smarter, they allow McDonald's spend Multi-million $ researching Prime Locations and then open a Franchise across the Street And have better burgers 🍔 😉 but you have to wate 45 minutes for them to be cooked whilst you remortgage your home at my last job me and two others used to have a mcD breakfast as a friday treat. not much change out of a £20. switched to bfast wraps from 6 towns on campbell road, betterfood half the price |
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Post by prestwichpotter on May 17, 2024 11:02:50 GMT
It's been a while since I watched it but real estate was one of the plot points they explored in The Founder Only watched it recently, really good film...... |
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Post by prestwichpotter on May 17, 2024 11:07:27 GMT
Tesco are no different.
I'm sure I read that after United Utilities they are the biggest landowners in the country?
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Post by flea79 on May 17, 2024 12:14:40 GMT
It's been a while since I watched it but real estate was one of the plot points they explored in The Founder its a great film and highly recommend watching it, jesus the mcdonald brothers got shafted hard |
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Post by mrnovember on May 17, 2024 12:17:20 GMT
And have better burgers 🍔 😉 but you have to wate 45 minutes for them to be cooked whilst you remortgage your home at my last job me and two others used to have a mcD breakfast as a friday treat. not much change out of a £20. switched to bfast wraps from 6 towns on campbell road, betterfood half the price 6 Towns needs shutting purely for the brown sauce it uses. It makes the Kwik Save No Frills brown sauce my nan used to buy taste like a three rosette jus. Get thee sen Home Cooking instead. |
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Post by salopstick on May 17, 2024 12:35:08 GMT
but you have to wate 45 minutes for them to be cooked whilst you remortgage your home at my last job me and two others used to have a mcD breakfast as a friday treat. not much change out of a £20. switched to bfast wraps from 6 towns on campbell road, betterfood half the price 6 Towns needs shutting purely for the brown sauce it uses. It makes the Kwik Save No Frills brown sauce my nan used to buy taste like a three rosette jus. Get thee sen Home Cooking instead.  |
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