Why Corporate Stores Are Becoming Refranchised
In an interview with Matt Lipson, an associate director at Stan Johnson Co., we learn that many brands want to see franchisees control up to 95 percent of their stores to free up operational capital and improve their balance sheet.
October 23, 2017 at 04:21 PM
3 minute read
GlobeSt.com: Are there any interesting trends currently impacting the single-tenant net lease QSR sector?
Matt Lipson: Yes, we're beginning to see corporate stores become refranchised. Some brands want to see franchisees control up to 95% of their stores. McDonald's, for example, revealed a plan to refranchise 4,000 stores, and in March, they were on track to complete this process by year-end 2017. The result will bring the company's franchised percentage to 93% globally.
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