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How much did Ray Kroc pay for control of the McDonalds name in 1961?
Wiki User
∙ 11y ago
$2.7M to the McDonald brothers who wanted $1M each so Kroc offered them $2.7< which covered the taxes and left the brothers with $1M each !
Wiki User
∙ 11y ago
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How much did Ray Kroc pay for control of the McDonald's name?
Do you want the answer in burgers, dollars or euros?
How much does Ray Kroc earn?
He died in 1984.
When did ray kroc open his first mc donalds?
McDonalds actually started in California, despite what the "official" company history claims. Two brothers converted their BBQ restaurant to a hamburger stand in San Berndarino, CA. They developed the "Speedee Service" system. They opened several other franchises, including one in Phoenix, AZ and another in Downey, CA. The one in Downey, franchised in 1953, is still in operation, and it is the oldest McDonalds still in operation today. Ray Kroc, a milkshake machine salesman was so impressed with the restaurant system the McDonalds brothers had developed, he bought the whole company for $2 million. In 1955, he opened his first franchise in Des Plaines, IL. The "official" company history states that this was the first restaurant, or at least the first franchise. But, in fact, it was the fifth McDonalds and the fourth franchise. Note that the restaurant in Downey, which is still in operation, actually predates Kroc's buy-out by two years, but the company still maintains that the one in Des Plaines (which is no longer a restaurant, but houses a museum) was the first. That restaurant in San Bernardino, CA, by the way, was responsible for the birth of several other chains, including Taco Bell, Burger King, and Wienerschnetzel (although those chains didn't necessarily open in San Bernardino, they were conceived by workers at that very first McDonalds, and friends of the McDonalds brothers).As far as the first McDonalds in Napa, California, it is more difficult to tell when it opened. An earlier response (above the line) said 1955, but I doubt that is the truth, since Kroc was just opening his first franchise in Des Plaines that particular year.
How much salt is there in the Atlantic sea?
not as much as Mcdonalds
How much did Ray Kroc pay for the McDonald's name?
He paid 5k dollars for the McDonald's Corporation name
Why are cacti so chunky?
they had to much mcdonalds
How much fat is in McDonalds buns?
a lot
How much is a cheeseburger from mcDonalds in Australia?
$2.15
How much did a mcdonalds cost in 1977?
.49
How much is an egg mcmuffin at mcdonalds?
$1.32. :]
How much is tuition to become a hairdresser?
Who wants to be a HAIRDRESSER? You get paid, like, as much as working at McDonalds, and I HATE McDonalds. This question was answered by Blue Squirrel.
How much money did McDonalds make 2009?
A lot
