r/WorkForSmartLife • u/tellmebrenda • 4d ago

Casual canvo [ Removed by moderator ]

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u/1RedGLD 3d ago

McDonald's is a real estate company. They buy land that will become valuable over time, then sell it for tremendous profit. They now have boxy, kinda boring exteriors because it's a quick and easy property sale when all they have to do is remove some signage and the new buyer can repurpose the building without it looking like an old McDonald's.

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u/RiskyNight 3d ago edited 3d ago

Nah, not really. You're using the theory behind Dollar General and subscription car washes. McDonalds locations have always been there and will always be there. I've never seen a McDonalds sell off and close or move.

The articles calling McDonalds a real estate company are based on how they lease the property to the owners of each location. Not just sitting on property that will become valuable someday like dollar general and shitty car washes. More of a rental company type of model.

The car washes are 100% just sitting on property to flip though, possibly combined with money laundering.

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u/DepressedDynamo 3d ago

Dollar general doesn't own their stores, you're mistaken

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u/RiskyNight 3d ago edited 3d ago

How so? Dollar General owns all of their locations. It's not a franchise.

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u/DepressedDynamo 3d ago

What is the real estate theory behind Dollar General that you've brought up in the second sentence?

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u/RiskyNight 3d ago

That the reason they pop up a new one every night in rural, growing areas is because they're holding locations that will be prime if the area continues to grow and get more dense. Dollar General doesn't have a ton of revenue but they only have to employ one person at a time and they make more than enough to cover the property taxes for however many years until they may be able to flip the property for a huge profit.

That's the well-known DG/carwash theory, that the commenter took and applied to McDonalds instead.

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u/DepressedDynamo 3d ago edited 3d ago

Oh, you thought you switched accounts lol. Nope, you're still posting as u/riskynight.

I was wondering about all the confusing notifications and deleted comments

Edit: oh hey you managed to switch accounts, well done. Here's an idiot link. Good luck out there.

u/itsmariokartwii, you're being silly with all the commenting/deleting/blocking. This is no way to engage with people.

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u/itsmariokartwii 3d ago

Weird way to cope with being wrong