Franchising provides opportunities for entrepreneurs not only in the United States but also throughout the world. McDonald’s resides in the “gold standard” category for entrepreneurs nationally and internationally. Australia is about to mark an important milestone, commemorating the day the “Golden Arches” debut down under.
A half-decade of opportunities, profits, and community service
Yagoona, a suburb of Sydney, has the distinction of having the first McDonald’s, nicknamed “Macca’s.” Five decades later, the country has more than 1,000 restaurants that provide jobs for more than 100,000 Australians that serve two million customers daily. Newly established restaurants provide approximately 120 employment opportunities per location.
McDonald’s is also the largest employer of younger Aussies, with a total of 1.5 million of those residents working at a restaurant throughout its history.
The massive franchise also earned the distinction of becoming a Registered Training Organisation in the mid-nineties, with nearly 50,000 employees completing retail and food safety training recognized throughout the country.
Also benefitting from the 50-year success are Australian farmers – more than 15,000 – and local suppliers who provide home-grown produce. These long-standing partnerships with Australian farmers and suppliers have been critical to the brand’s success in the sales of nearly two billion cheeseburgers and more than a billion Big Macs and French fries.
Additional milestones over Macca’s history include:
- First drive-through – 1978
- Inaugural Ronald McDonald House – 1983
- First McCafe – 1993
- 1,000th sustainability flagship restaurant opened – 2020
- Elimination of all plastic cutlery and straws – 2021
Buying a franchise has numerous benefits, here and abroad. The complexities of the purchase and the work involved in opening the enterprise may require legal help from attorneys with experience in this area of business law.
*NOTICE: This blog is intended solely for informational purposes and should not be construed as providing legal advice. Please feel free to contact us with any questions you may have regarding this blog post.