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In Pakistan, the franchise rights for McDonald's are owned by Siza Foods Pvt. Ltd., a subsidiary of the Karachi-based Lakson Group of Companies. [3] [7] [8]In December 2015, the fast food chain opened doors to its first restaurant in the northwestern city of Peshawar, with a seating capacity of 200. [9]
Maybe the idea of a new venture appeals to you, and perhaps that includes running a business. And maybe you don't want to start from scratch, but rather jump into a business that already has a...
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A franchise fee is a fee or charge that one party, the franchisee, pays another party, the franchisor, for the right to enter in a franchise agreement. Generally by paying the franchise fee a franchisee receives the rights to sell goods or services, under the franchisor's trademarks , as well as access to the franchisor's business processes.
The Utility Stores Corporation of Pakistan (USCP) is a Pakistani state-owned enterprise that operates chain stores throughout the country that provide basic commodities to the general public at prices which are lower than the open market because the government subsidizes them. [1] It is the largest chain-store entity in the country with 5,939 ...
For the first time in about 30 years, McDonald’s is increasing its royalty fee for franchise operators opening new restaurants in the US and Canada.
In 2016, the brand has been crowned as the largest fast-food chain in Malaysia and dominating 45% of the local fast-food market shares, with its traditional rival McDonald's following in second, while its sister restaurant, Pizza Hut, spots at third place. By 2018, the restaurant has established a strong presence in the country, estimated to ...