Does anyone know what would happen if an operator does not sign the Vision 2020 Commitment Letters?
Very extensive lobby remodeling. Owners have no control. They are kicking inover half the cost however. The days of the 1-3 store operators are gone.
McDonald’s Operators are an extinct species. We are just managers with a lot of debt.
Nothing will happen if you do not sign.However your Cost are going up due to not signing because of no partnering dollars. 1). You still have to remodel Lobby every 10 years. 2). All of the 2020 Elements are required as of 1/1/21018. on the NRBES. That means you still are on the hook for a 100% of the dollars and Rewrite and Growth status are gone if installation was not done. 3). If you do decide to sell the buying operator will not get the partnering dollars, if the selling operator did not sign before 10/1/2017. So for me signing was not an option.
What if you sign, meet all the green fees except for one criteria? Does this mean no partnering even if you support the system?What good is signing then if no partnering given? Is this based on all the restaurants in the market? What of those locations that have exceeded green fees?
I understand (kind of) redoing seating and decor every ten years. But a perfectly good tile floor or an acoustic ceiling (in good shape) is a TOTAL WASTE OF OPERATOR MONEY.Welcome to the Joint Employer Age of MCD.
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