McDonald’s To Raise Royalty Fees for New Franchise Restaurants in US, Canada
September 22, 2023
McDonald’s is set to increase royalty fees for new franchise restaurants in the U.S. and Canada, marking the first hike in nearly thirty years, according to a letter seen by Reuters. Starting Jan. 1, the fees will rise from 4% to 5%, aligning with charges in other global markets. This move comes as the fast-food chain adjusts to a slowdown in revenue growth amid easing inflation, and the impact on McDonald’s revenue is expected to be minimal, given the low number of new store openings in the U.S.
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