3rd and Pine McDonald's Location and Business Profile
The 3rd and Pine McDonald's is a specific franchise location within the McDonald's global network, which operates over 40,000 restaurants worldwide as of the latest annual report. This location serves as a standard quick-service restaurant in a high-traffic urban setting, with its exact address at the intersection of 3rd Avenue and Pine Street in Seattle, Washington. The franchise is operated by an independent local operator under the McDonald's Corporation licensing model, which generates revenue through rent, royalties, and fees. For the broader corporate entity, McDonald's Corporation (NYSE: MCD) reported total system-wide sales of approximately $130 billion in the most recent fiscal year, with company-owned and franchised restaurants contributing to that figure. The 3rd and Pine site reflects the company's strategy of leveraging prime real estate in dense metropolitan areas to drive consistent traffic and sales volume. McDonald's franchise financial data shows that individual restaurant performance varies by location, but urban units in top markets often achieve higher average annual sales than the system-wide average.
McDonald's Corporation is the franchisor and owns the real estate at many locations, including those in major cities like Seattle, where the 3rd and Pine address sits within a commercially zoned district. The company's business model centers on acquiring and owning prime properties, then leasing them to franchisees, which provides a stable income stream independent of restaurant-level operational risks. This real estate-first strategy has contributed to McDonald's ranking as one of the top fast-food brands globally by system-wide sales and brand value. The 3rd and Pine location operates under the standard McDonald's menu offerings, which include burgers, chicken sandwiches, salads, and beverages, with localized adjustments to meet regional consumer preferences. Franchise agreements typically span 20 years, with the operator paying a monthly service fee of 4% of gross sales and a rent percentage based on the restaurant's total sales. SEC filings for McDonald's Corporation detail the company's consolidated financial results, including revenue breakdowns by segment and geographic region.
Financial Performance and Franchise Economics
Individual franchise restaurant economics at the 3rd and Pine McDonald's are governed by the initial investment required to open a new McDonald's location, which ranges from approximately $1.5 million to $2.5 million for a standard building, depending on the market and square footage. Franchisees must also meet liquid asset requirements of at least $500,000 and pay a one-time franchise fee of $45,000. Monthly ongoing costs include rent, royalties, and a marketing fund contribution, which together can consume a significant portion of gross revenue before profit. The 3rd and Pine location, like other urban McDonald's units, benefits from high foot traffic and visibility, which supports a sales volume that typically exceeds the national average for company-owned restaurants. McDonald's franchise cost breakdown provides updated estimates on startup expenses and ongoing fees based on the latest franchise disclosure documents.
At the corporate level, McDonald's reported total revenue of approximately $25.5 billion in the most recent fiscal year, driven by strong performance in international markets and company-owned restaurants in the United States. The company's annual report, available through its investor relations page, breaks down revenue by segment, including the United States, International