This is the exact advice a friend of mine was giving me today, open a fast food restaurant and you are a billionaire in a blink of an eye, now if only i had the right amount of capital {rubbing chin}
What are you talking about? Fast food chains run into trouble and lose money from a stock standpoint constantly. McDonald's continues to post declining profits and has yet figured out a way to turn things around. The company has quickly lost ground to more upscale fast food chains, along with its image of being unhealthy and disgusting. Its Create Your Own Burger campaign and trimming of the menu are attempts to draw in more customers. Unfortunately, such tactics aren't going to do much.
I find hard to believe that McDonalds are losing money troutski, maybe the profits are not increasing, but from there to losing money is a long way.
Yep. I wouldn't buy McDonald's stock right now either, but opening your own franchise store could be extremely profitable, depending on where you live.
Agreeing or not with the fast food concept, the fact it that it can be something extremely profitable, both to invest in or to run as a business because they have huge margins.
I think investing in a fast food chain is all right because people love to eat. In fact, I had invested in one of the biggest and strongest fast food chains here (Jollibee) in my country because it is one of the top 30 companies. I might invest in McDonald's later. As for the company holding KFC, I still have to research on that because my research led me nowhere. It's too bad because I love the food at KFC and I wish to invest in the company.
Coming from a slightly diffetnt angle, somebody mentioned it would be alright to invest in a fast food chain, if you agree with it. I think if you took that view with every company, you'd end up investing in nothing. Personally I've never looked at the moral issue with any of my investments, I look at if they will make me money or not. Plain and simple for me, that's why I'm in the game, I'm not here to judge if people should watch their weight, that's up to them.
Focus on quality; Check all the things necessary before you go into it. You dont want to be part of a rotten pizza place. Make sure that you get full value with your money. Not much after that, just go for it:I !
Investing in your own fast food franchise would be very lucrative indeed and would likely be an excellent investment. Stocks are another matter though. All it would take was one health scare to decrease a company's profits significanlty, as Mc D's have found.
We have here a fastfood called Tapa King. It serves rice and meat toppings like tapa (preserved beef), tocino (preserved pork) and some other meat plus fried egg. That menu has been a craze in the 1990s. My colleague had brought a franchise for 150,000 pesos (around $4,000) in the hope of earning that investment in one year's time. Unfortunately, he lost everything when he closed shop before that one year due to to bankruptcy. As per his estimates, fastfoods like that would be earning if the customers are coming in continuously. But when there is lack of customers, the only way is down.
