What it costs to open 12 of the biggest fast-food chains in the US, including Chick-fil-A, McDonald's, and Taco Bell
However, opening a franchise requires a hefty amount of cash to cover the startup costs. For example, you must have at least $500,000 in liquid assets to open a McDonald's and $750,000 to open a Taco Bell.
Additionally, franchisees have to pay ongoing monthly fees for royalties, advertising, and other services that can add up to more than 10% of gross sales – like KFC, which charges franchisees 5% royalty fees and 5% advertising fees. And, while the typical, franchise owners must pay 50% of their net profits to the chain.
Insider compiled a list of some basic financial requirements for becoming a franchise owner of 12 of the biggest fast-food chains in the US, listed in alphabetical order. The below values are based on"traditional" franchise locations, meaning they are stand-alone restaurants as opposed to units in airports, malls, universities, or other buildings.
Following the name of each restaurant chain are the average total startup costs to open one restaurant in the US.The average per-unit sales for an Arby's franchise is $1.2 million.
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