How much does McDonald’s make in a day? (Updated in 2022)
McDonald’s – I love it, you love it, we all love it. McDonald’s is one of the world’s most famous fast food chains, with more than 37,000 locations worldwide. It has become the face of fast food brands and a household staple regardless of the country.
So how did a company founded in 1938 grow from humble beginnings to become the most prominent fast-food chain in history?
How much money does McDonald’s make in a day, month, or year? Are you interested in becoming a part of this company? Read on to find out!
How much does McDonald’s make in a day?
In all 14,000 U.S. stores, McDonald’s averages about $7,000 a day. This equates to approximately $2.6 million per year. Now, that’s a huge amount of money!
To cite a few more numbers, McDonald’s overall revenue in 2021 is about $23 billion, with U.S. revenue up 13.8% from $7.66 billion a year ago.
Costs are rising and profits are falling, especially in a pandemic situation. But more and more people are staying at home, ordering and starting a new culture of more drive-thru and curbside pickup.
Thanks to this, McDonald’s overall revenue continued to grow.
How does McDonald’s make money?
So, McDonald’s makes a lot of money. Where does it come from?
The fast-food giant serves 68 million customers every day. While this depends on the location of the franchise and the population density of the area, we can assume that each McDonald’s serves nearly 2,000 customers per day.
McDonald’s is a food brand, but food alone cannot succeed. No company makes about $2.6 million a year selling low-margin burgers and muffins. So what’s their secret?
McDonald’s is a company that franchises about 95% of the world’s stores. They make a lot of money by letting franchisees open their own McDonald’s locations on properties that are sometimes owned by McDonald’s, bringing in a lot of revenue for the brand.
In other words, Golden Arches didn’t build their fortune by being a fast food company — they were a real estate group.
How much do other fast food chains make?
McDonald’s is huge, but how do other big fast food chains compare to McDonald’s earnings?
brand | Income ($) |
McDonald’s | 23 billion |
KFC/Taco Bell (Yum! Brand) (2020) | 26 billion |
Burger King | 10 billion |
Wendy’s | 1.9 billion |
subway | 10.2 billion |
Investing in a McDonald’s Franchise
After learning about McDonald’s revenue, do you want to try starting a McDonald’s franchise? Read on to find out what you might want to consider when starting a franchise.
How much do I need?
You can’t start McDonald’s from scratch. Franchising is usually granted to someone who has the resources and capital to open their own franchise. This is why franchises in a region are sometimes wholly owned by companies rather than individuals.
To be eligible to franchise McDonald’s, you need to pay a franchise fee of $45,000. And that’s just the beginning: The cost of building a location that looks and works like a McDonald’s ranges from $1 million to $2.2 million.
As a franchisee, you can only pay up to 60% of that cost. The franchise owner must also bear the ongoing costs of ownership of the entire franchise.
How much can I earn as a franchisee?
The average annual revenue for a McDonald’s franchise is about $2.6 million. That’s a lot of money, and you might think you have the potential to make a lot of money too. But like every investment, it’s not without risk.
The success of a franchise depends on many factors, including location, rental prices in the area, service, and sometimes even luck. As a franchisee, you have to be very committed to making your franchise a success, especially if you don’t already own a multi-million dollar company with many franchises.
The average annual salary for a franchisee in the United States is about $72,285. However, the average McDonald’s franchisee can expect more revenue if their franchise is thriving. If McDonald’s franchisees manage their finances and high maintenance costs well, they can make up to $150,000 a year.
Should I work at McDonald’s?
Alternatively, you can start small. Maybe owning a franchise is a little more than you can chew. McDonald’s has more than 1.7 million employees worldwide, and they’re hiring all the time.
What is the salary at McDonald’s?
McDonald’s entry-level wages spark a complicated story. Historically, McDonald’s has paid low wages to its operational employees. While McDonald’s says their entry-level employee minimum wage has been raised to around $11 to $17 an hour, this only applies to company-owned McDonald’s locations.
That’s a problem, considering that 95% of McDonald’s stores worldwide are franchises.
Salary can vary based on your state, franchisee and other factors. In 2021, crew members will earn about $9 an hour, but that has changed since then, as they earn about $12 an hour nationwide.
If you get to the top of the pyramid, your annual salary as a store manager at McDonald’s could be $47,000.
in conclusion…
McDonald’s is a huge international restaurant chain that has dominated the world for decades. The company earns about $7,000 per unit per day and about $2.6 million annually.
If you’re interested in owning your own McDonald’s franchise, make sure you have the resources to cover the costs throughout the process. Otherwise, you can also choose to become a local McDonald’s employee.
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