Arcos Dorados Plans To Exercise Its Option To Renew Its Master Franchise Agreement With McDonald's
Benzinga Newsdesk 2 years ago
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Upon signing, the new MFA agreement is expected to include a Renewal Option for a new, 20-year MFA, beginning January 1, 2045. Additionally, the new agreement is expected to include a royalty of Gross Sales
Upon signing, the new MFA agreement is expected to include a Renewal Option for a new, 20-year MFA, beginning January 1, 2045. Additionally, the new agreement is expected to include a royalty of Gross Sales of 6.0% for the first ten years, 6.25% for the subsequent five years and 6.5% for the final five years.
In line with this view, the Company expects to open approximately 90 to 100 restaurants in 2025.