OFFICIAL FILING · MN · 2024
MCDONALD'S FDD (Franchise Disclosure Document) — 2024
The FDD is the 23-item legal disclosure every U.S. franchisor must hand you at least 14 days before you sign or pay anything (FTC Franchise Rule, 16 CFR 436). MCDONALD'S's most recent FDD tracked here was filed in 2024 with the Minnesota Department of Commerce (public CARDS portal) — and because registration-state filings are public records, you can read it free, without giving a broker your phone number.
THE SAME DOCUMENT SITES SELL OR GATE BEHIND LEAD FORMS. FILED 2024 · SOURCE STATE MN
| ITEM 5 | Initial franchise fee | $45K |
| ITEM 6 | Ongoing royalty | 5.0% of gross sales |
| ITEM 7 | Total initial investment | $1.5M–$2.6M |
| ITEM 19 | Earnings disclosure (FPR) | Yes — financial performance representation made |
| ITEM 20 | Outlets (fiscal 2023) | 12,772 franchised at year end · 107 exits (0.8% annualized) |
Citation discipline: every figure above is extracted from the 2024 MCDONALD'S FDD as filed and links back to that document. Fields the filing did not state are omitted — nothing here is estimated, surveyed, or filled in from marketing material. FDDs are reissued annually; verify against the current issuance before relying on any number.
MCDONALD'S FDD questions, answered
Where can I download the MCDONALD'S FDD for free?
MCDONALD'S's 2024 Franchise Disclosure Document is a public record, filed with the Minnesota Department of Commerce (public CARDS portal). It can be downloaded free from the source link on this page — no broker form, no email signup required.
What year is MCDONALD'S's most recent FDD on file?
The most recent MCDONALD'S FDD tracked here was filed in 2024 with the Minnesota Department of Commerce (public CARDS portal). Franchisors must update their FDD annually, so confirm you are reading the current issuance before signing.
Does MCDONALD'S's FDD disclose earnings (Item 19)?
Yes — MCDONALD'S makes a financial performance representation in Item 19 of its 2024 FDD. Read the basis fine print: franchisors choose which units and metrics to include.
What does MCDONALD'S's FDD Item 20 show?
In fiscal 2023, MCDONALD'S ended with 12,772 franchised outlets; 107 of 12,764 open at the start of the year left the system — an annualized exit rate of 0.8% (terminations, non-renewals, and "ceased operations — other reasons").
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing MCDONALD'S's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →