One of McDonald's Biggest Operators Pulls Out of the Business

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America's top fast-food company is cutting ties with one of its most illustrious operators after announcing significant changes to its franchisee policies.

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According to Restaurant Business, McDonald's is acquiring the 60 restaurants owned by the Florida-based Caspers Company in the Tampa and Jacksonville areas.

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The chain has not stated what it intends to do with the acquired outlets or whether store closures are anticipated.

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Being one of the oldest operators in the McDonald's system since 1958, the Casper family launched its first McDonald's outlet when the firm had less than 100 restaurants nationally.

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Additionally, based on sales, customer count, and cash flows, Caspers stores are among the most successful ones in the area, according to a message from Jason Clark, vice president of the Atlanta Field Office.

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The National Owners Association, the country's first McDonald's franchisee association, was established in 2018 thanks to Caspers Company.

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It hasn't helped McDonald's strained relationship with long-term operators that it recently updated its franchise system with regulatory changes that seem geared to keep operators on their toes.

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An internal memo from the Chicago-based burger juggernaut described a new procedure it expects to use to screen franchisees who want to extend their 20-year franchise agreements. The company has around 13,000 franchise operators across the United States.

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Franchisees, including ones in generally good standing, will need to go through a brand-new application procedure regardless of how long they've been in operation.

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As new candidates, children or wives of current operators who apply to become operators themselves will be assessed equally with other applicants.

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The business has been on a buy-out binge in an effort to broaden its network of operators. In fact, 400 franchisees, or 13% of the company's total franchisee-owned stores, left the system last year, setting a record.

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