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Not all McDonalds' are franchise, but a particular store would be a franchise if it were a corporate named business owned and operated by a private owner or company. For example if I owned the rights to a McDonalds, I would be a franchise owner. I would pay McDonalds a fee for using their name, property, products, etc... The profit from the store I own would be mine and I would control it. But I would effectively be renting the names and logos and services already setup by the McDonalds corporation.
A lot
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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.
Franchise restaurants can generate anywhere from 50,000 dollars a year to hundreds of thousands of dollars a year. It depends on the franchise, management and location what the profit will be.
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it has made billions
Usually low paying jobs. For example: McDonalds.
1. It is not 2019 yet 2. *did* should be will...
Well im a mcdonalds manager in Georgia and i make 8.25 and hour. It depends on what mcdonalds you work for, state, city, and who owns it. Is it corporately owened or a franchise? That determines how much you make.
More what your retirement fund is