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International Business Times UK
International Business Times UK
Francis Miñoza

McDonald's Franchisees May Push To Cut $800,000 NEXT Upgrade Costs by 20-40%, Analyst Says Amid Debt Fears

McDonald’s franchisees may seek to cut the proposed $800,000 NEXT upgrade costs by 20 to 40 per cent, an analyst says, amid concerns over debt and uncertain returns (Credit: By G. Edward Johnson/wikimedia commons)

McDonald's franchisees may seek to cut the company's estimated $800,000 NEXT upgrade cost for a traditional US drive-through restaurant by 20 to 40 per cent, according to a Wall Street analyst, as some operators raise concerns about debt levels, financial risk and the scale of the fast-food chain's overhaul.

Gregory Francfort of Guggenheim Securities told Bloomberg he expected franchisees to negotiate the proposed costs rather than accept the plan in its current form.

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