he made McDonald's a huge international corporation
Ray Krok for 2.7 million
Ray Kroc bought the McDonald Brother's hamburger stand and started the franchise concept.The McDonald brothers first created the concept of fast food and McDonalds but Ray Kroc bought it off of them for 1,000,000 dollars, which was a mistake because they could have been making 100 times that in a year. That's not it he also ran them out of business.
Maybee 1 year
According to Mr. Franchise of Franchise Foundations, Ray Kroc, a multimixer salesman, visited the McDonalds brothers location in San Bernardino, California in 1954 to see why a single, small hamburger stand needed the capacity to make 40 milkshakes at a time. Kroc immediately realized the potential for franchising McDonalds. The McDonald brothers did not share his franchise vision, so Kroc was charged with franchise responsibilities. Kroc refined and standardized the business model, opening the first refined McDonalds prototype restaurant in Illinois in 1955.
Ray Kroc stepped down as Chief Executive Officer of the McDonalds Corporation in what year?
According to Mr. Franchise of Franchise Foundations, the owners of McDonalds, brothers Dick and Mac McDonald, did not franchise McDonalds. Rather, it was a multimixer salesman they met in 1954, Ray Kroc, who persuaded them to let him franchise the small hamburger stand. More details can be found on the Franchise Foundations website, on the Articles I page.
Ray Kroc founded the McDonalds chain
Ray Kroc
Ray Kroc was known for McDonald's.
Throw back jerseys from the '80's. In honor of Ray Krok, former owner.
Ray Kroc didn't build anything. Ray was the guy who made McDonalds big.