So. What we've seen over time is that these fast food companies have essentially "modernized" the look of their buildings. We all already know these companies are first and foremost land owning companies.Mcdonalds isn't in the business of selling burgers. It is in the business of owning properties. If I want to buy a piece of land with a building on it. I wouldn't really want to buy something that has comical clown statues embedded all over the building. I'd prefer to buy something more nutral that I could easily slap my own brand on it.These companies understand this premise and have obviously put in a whole bunch of work to remove any form of over the top branding on their buildings.But is the idea because they are all prepped to begin SELLING their own properties? Or does changing their front facing façades help them regardless.
Youre fucking stupid. No they arent selling profitable assets. Yes the change to match modern aesthetics is to present a modern look which drives sales. The idea that they are a property company is bullshit
>>62563393I'm not saying they are selling profitable assets. What I'm saying is that they are preparing to if need be.
Who gives a fuckI don't care if two guys with inflated balls are kissing and fingering each other's ass and enveloping each others penises at the front door of every storeKeep the divvy up and grow modestlyFeed people I guess. Avoid lawsuits.I'll buy
>>62563416Okay but try to picture it on a larger scale...
>>62563416The sodomy would enhance the value of the property going by current values.
>>62563426The modernization increases traffic. Why the fuck would you spend money only to sell the land? Use your fucking head. Of course they transition to fast casual tailored to wealtheir adults than stay stuck in the 90s where children were abundant.
>>62563445Okay but if that were true why did they even make their buildings those flavorful distinct whacky buildings in the first place. If looking like modernized buildings was always going to drive more traffic why didn't they start with it.
>>62563452Read my fucking post. Families are no longer the main customer because families dont exist anymore. Every adult is single.
>>62563348QPC
>>62563348smart>all prepped to begin SELLING their own propertiesI guess so, it's the potential that they could sell them at the drop of a hat which gives the properties value. And valuable properties can be used as collateral for financial mumbojumbo. And you're right, the best way to make that potential credible is to make the properties flexible and not hideous.
>>62563348Makes sense. It's essentially a hedge for if a downturn requires selling off properties. Think about all the Pizza Huts that were sold off and converted to something else. Probably screwed with their value that they looked like that instead of a generic box. So McD didn't go out of their way, they just converted as it was time for individual locations to update.
>>62563474>Makes sense. It's essentially a hedge for if a downturn requires selling off propertiesI will have a different ID but this is my first thought.
>>62563464So uhh. A complete non answer.
>>62563531RetardKys
>>62563348The franchisees are required to remodel every couple years at a cost of almost a million per time. Corporate approves the remodel but doesn't decide what it has to look like. Basically corporate isn't paying for the update.
>>62563531Your thread sucks. You know nothing. Go to hell.
>>62563549But what I'm interested in is the reasonings for the updates.
>>62563348Regarding your theory about mass impending sell-offs, the remodel clause for franchises has been a thing since the 50's at least, probably earlier. You just now noticing something that's been going on for over 75 years doesn't make it breaking news
>>62563614It simply draws customers while guaranteeing the place is clean and up to code.Sometimes it's cheaper to remodel an entire restaurant than it is to completely clean it
>>62563623The main problem is that the wagies doing the daily cleaning are not professional janitors. Professional janitors charge over $100 per hour for that kind of cleaning. Deep cleaning an entire restaurant would literally cost hundreds of thousands of dollars. For a bit more you can just tear out and replace every surface.
>>62563398i get the theory but probably more like corporate says > ok McCucks, listen up: you need to modernize using our McDesign system > here is our corporate McContractor (that YOU WILL PAY ABOVE MARKET) to upgrade your siding and dining room> no, we are not modernizing our McVendor for the IceCream machine> Also here's the new McThot Meal which comes with one of five OnlyFans toys
>>62563393You have no idea what you are talking about. These are franchises, not property of the corporations and being interchangeable with other franchises greatly enhances the value of the commercial property and therefore reduces the risk of owning the property for the franchisee.
>>62563634You also just have general wear.That old children's slide is just becoming a liability after a decade and you can expect a million dollar lawsuit if it collapses with a kid in it because of some rusted bolt
>>62563726You don't know SHIT>>62563791This guy has common sense. It's general wear, might as well make it look modern if it has to get renovated. The wannabe knowers with their theories man hhahaha
>>62563348As well as the resale value that other anons have pointed out, there may also be a change in the target market. McDonald's seems to aim much more for adults now rather than kids
>>62563549See >>6256371510,000 locations didn't just happen to stumble into the same style. Across multiple eras, even, as you say >>62563621.The real estate market has changed in that time, though. Land prices were low in greenfields and suburbs were perpetually expanding outward. Now, the game is gentrification and infill, which means that their existing properties are worth substantially more if you can turn them over easily, and newer properties are harder to come by. It's the same reason why the generic apartment/bungalow flip style didn't exist until recently, even though apartments and bungalows have been a thing forever.
>>62563464As a child how many times did your mother drop you on your head?
>>62564495oops meant for >>62563531
This is already well known, and yes it's why they all build these generic box like buildings now
>>62563348Treating fast food like real estate loses the focus on the long term fans that actually make your business a success in the first place. Customer satisfaction should be your number 1 priority before all else.
>>62563348>>62563398>>62563426>>62563452>>62563614Anon are you in a 12 grade econ class?>CUQ ID