DOCSLIB.ORG

Former Restaurant Pad Site 11965 S

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Former Restaurant Pad Site 11965 S BUILDING LEASE, GROUND LEASE OR BTS FORMER RESTAURANT PAD SITE 11965 S. STRANG LINE RD., OLATHE, KANSAS New Courtyard Marriott 1.1 Acres CAN BE SPLIT SITE Future Mixed-use Tenant LINE ROAD 33,600 CPD STRANG PROPERTY HIGHLIGHTS > 6,810 s.f. building available on 1.41 acres > Existing building can be split for 2 tenants > Existing Building can be demolished, and parcel redeveloped into two lots (Ground Lease or BTS) > One of the Kansas City Metro’s strongest retail intersections > Anchored by SuperTarget and highest volume AMC Theatre in the market > Strong Visibility and easy access at signalized intersection > 90,000 CPD on I-35 > 33,600 CPD on 119th Street > 23,000 CPD on Strang Line Road FOR INFORMATION: JEFF BERG COLEBY HENZLIK PARTNER PARTNER 913-914-7065 913-914-7146 [email protected] [email protected] FORMER RESTAURANT PAD SITE OLATHE, KS PROPERTY AERIAL NORTHRIDGE SC S. BLACK BOB RD. RD. BOB BOB BLACK BLACK S. S. 64,499 CPD 33,600 CPD WEST 119TH STREET OLATHE POINTE . RD STR INE ANG L PD 0 C ,00 23 OLATHE STATION 56,499 CPD 3 ELEVATE PROPERTY ADVISORS FORMER RESTAURANT PAD SITE OLATHE, KS PROPERTY FEATURES 6,10 SF 1.1 Acres BUILDING OR LOT SITE CAN BE SPLIT S . S TR ANG LINE RD . UTURE MIED-USE TET S. STRANG LINE CT. spacious outdoor patio 5 ELEVATE PROPERTY ADVISORS NEIGHBORHOOD FORMER RESTAURANT PAD SITE OLATHE, KS DYNAMICS RESTAURANTS The fast-casual and full-service restaurant scene at this regional node hosts an unbeatable mix of local and regional hometown heroes like Joe’s Kansas City Bar-B-Que, Doc Greens, Mr. Gyros and The 180 Room, along with national fast-casual and full service staples like Texas Roadhouse, Black Bear Diner, Cracker Barrel, Chick-fil-A, Wahlburgers, Starbuck’s, Five Guys, Blaze Pizza, Taco Bell, Smashburger, Panda Express, Wendy’s, Burger King Buffalo Wild Wings, Chipotle and McDonald’s, IHOP, Olive Garden and Red Lobster. RETAILERS Most of the nation’s top retailers are featured along the 119th and Strang Line Rd. corridor. Representative tenants include Whole Foods, Target, Old Navy, Ross, Marhshall’s, Home Goods, Ulta Petsmart, Bed, Bath & Beyond, Dick’s Sporting Goods, and Home Depot. SERVICES Salons, spas, grocery, pet supply stores, etc. generate strong daily-needs traffic and encourage frequent visits to this inter- section. STATISTICALLY SPEAKING More than 600 hotel guest rooms within 1 mile TOTAL DAYTIME HOUSEHOLD POPULATION POPULATION INCOME 1 Mile: 10,064 1 Mile: 8,287 1 Mile: $98,361 3 Mile: 81,370 3 Mile: 65,774 3 Mile: $100,129 5 Mile: 231,567 5 Mile: 141,060 5 Mile: $109,225 7 ELEVATE PROPERTY ADVISORS FOR MORE INFORMATION PLEASE VISIT: WWW.ELEVATEPROPERTYADVISORS.COM EXCLUSIVE LEASING AGENTS: Jeff Berg Partner 913-914-7065 [email protected] Coleby Henzlik Partner 913-914-7146 [email protected] Elevate Property Advisors | 7121 W. 79th Street, Overland Park, KS 66204 | www.elevatepropertyadvisors.com This document has been prepared by Elevate Property Advisors for advertising and general information only. Elevate Property Advisors makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Elevate Property Advisors excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arisingELEVATE there from. PROPERTY ADVISORS.
Load more

Recommended publications
  • On Better Footing 12M Price Target PHP 247.00 (+18%) Previous Price Target PHP 247.00
    209. 40 January 21, 2020 Jollibee Foods (JFC PM) BUY Share Price PHP 209.40 On better footing 12m Price Target PHP 247.00 (+18%) Previous Price Target PHP 247.00 Company Description Showing signs of recovery; Reiterate BUY Engaged in the development, operation, and We are encouraged on JFC’s current state of operations as we recently franchising of quick-service restaurants in the met the company. Although not yet out of the woods, across-the-board Philippines and worldwide improvement in both domestic and international operations in 4Q19 raised our confidence in JFC’s 2020 outlook. With 2019 behind us, we think that our PHP5.5b (+23.5% YoY) core income forecast for 2020E is Statistics achievable. Reiterate our non-consensus BUY as current price level 52w high/low (PHP) 325.00/184.10 remains attractive. Our earnings forecasts and DCF-based TP (WACC: 3m avg turnover (USDm) 2.7 7.3%; LTG: 3.0%) are unchanged. Free float (%) 42.6 Issued shares (m) 1,097 Baby steps for Smashburger Market capitalisation PHP229.7B USD4.5B Consumer Staples In 9M19, Smashburger generated roughly PHP1.3b in losses as SSSG Major shareholders: reached double-digit negative figures. By Dec 2019, Smashburger’s SSSG Hyper Dynamic Corp. 25.6% was negative low single-digit (4Q19: mid- to high- negative), a stark Honeysea Corp. 12.0% Winall Holding Corp 5.1% improvement. However, we expect the magnitude of losses to sustain in the near-term as store closures were back-loaded in 4Q19. JFC Price Performance accelerated store closures in 4Q19 (35 stores closed) from 15 stores 340 150 closed as of 9M19.
    [Show full text]
  • Restaurant Trends App
    RESTAURANT TRENDS APP For any restaurant, Understanding the competitive landscape of your trade are is key when making location-based real estate and marketing decision. eSite has partnered with Restaurant Trends to develop a quick and easy to use tool, that allows restaurants to analyze how other restaurants in a study trade area of performing. The tool provides users with sales data and other performance indicators. The tool uses Restaurant Trends data which is the only continuous store-level research effort, tracking all major QSR (Quick Service) and FSR (Full Service) restaurant chains. Restaurant Trends has intelligence on over 190,000 stores in over 500 brands in every market in the United States. APP SPECIFICS: • Input: Select a point on the map or input an address, define the trade area in minute or miles (cannot exceed 3 miles or 6 minutes), and the restaurant • Output: List of chains within that category and trade area. List includes chain name, address, annual sales, market index, and national index. Additionally, a map is provided which displays the trade area and location of the chains within the category and trade area PRICE: • Option 1 – Transaction: $300/Report • Option 2 – Subscription: $15,000/License per year with unlimited reporting SAMPLE OUTPUT: CATEGORIES & BRANDS AVAILABLE: Asian Flame Broiler Chicken Wing Zone Asian honeygrow Chicken Wings To Go Asian Pei Wei Chicken Wingstop Asian Teriyaki Madness Chicken Zaxby's Asian Waba Grill Donuts/Bakery Dunkin' Donuts Chicken Big Chic Donuts/Bakery Tim Horton's Chicken
    [Show full text]
  • Wendy's Final
    FAST CASUAL FINAL RFP JHENI GIBSON EXECUTIVE SUMMARY What do we want to do? How will we do it? What’s the timeline? • Wendy’s would like to reposition its • We will address Wendy’s • This campaign plan will run for brand as “Fast Casual” offering higher quality foods and lite service millennial target audience by the full 2018 Fiscal Year. coupled with the convenience of exploring their habits, budget, • All testing will be completed quick output. lifestyle and priorities. within the first 2 months of • Competitors such as • We’ll test and launch campaigns the FY. Chipotle, Shake Shack, and that highlight Wendy’s fresher • Progress will be measured Smashburger have adopted ingredients, sourcing, nutrition, monthly to incrementally the fast casual business analyze success and optimize model and continue to and our new Fast Casual dining attract millennials taking experience. Channels used will towards goals through the market share from “fast be Advertising, PR, Sponsorships year. food” restaurants like and Promotions. • Final success metrics McDonalds, Wendy’s and • Creative and copy will will be gathered at the Burger King. feature fresh and end of the fiscal to • The Fast Casual dining observe if goals and experience provides a progressive images of modern, comfortable and new menu options and objectives have been inviting aesthetic where millennials enjoying a met. customers can enjoy a more quick and nutritious meal. upscale dining experience. • Food is locally sourced, honest and made to order. • . "Everybody in the world is talking about fast casual… It just has a broad appeal.” BONNIE RIGGS – INDUSTRY ANALYST WITH NPD GROUP (The Washington Post) BUSINESS SITUATION • With the success of fast casual restaurants, its evident that customers prefer an in- store, upmarket experience.
    [Show full text]
  • Equity Research Report Jollibee Foods Corp. 24Th April 2019
    Equity Research Report Jollibee Foods Corp. 24th April 2019 Murtaza Salman Abedin Anirudh Ganeriwala Harsharan Singh Muhammad Salik Raymond Widjaja Tang Man Chung Tommy Fang Yucheng Published By CityU Student Research & Investment Club THE FINAL PAGE OF THIS REPORT CONTAINS A DETAILED DISCLAIMER The content and opinions in this report are written by university students from the CityU Student Research & Investment Club, and thus are for reference only. Investors are fully responsible for their investment decisions. CityU Student Research & Investment Club is not responsible for any direct or indirect loss resulting from investments referenced to this report. The opinions in this report constitute the opinion of the CityU Student Research & Investment Club and do not constitute the opinion of the City University of Hong Kong nor any governing or student body or department under the University. 24 April 2019 Asia Pacific/Philippines Equity Research Restaurants Rating OUTPERFORM Price (22 April 19, PHP) 304.00 Target price (PHP) % up from Price on April, 22: 18.58% 360.49 Market cap. (PHP, m) 333,621 Enterprise Value (PHP m) 337,271.4 Jollibee Foods Corporation (JFC:PM) Stock ratings are relative to the coverage universe in each analyst's or each team's respective sector. Target price is for 12 months. Research Analysts: Jollibee Foods Corporation (JFC) is an Asian food service multinational company which owns and operates a large number of Quick Service Murtaza Salman Abedin +852 59858568 Restaurants (QSRs). The company is listed on the Philippines Stock [email protected] Exchange and has a market capitalization of PHP347.57 Billion (USD Anirudh Ganeriwala 6.72 Billion) and a revenue of PHP126.2 Billion (USD 2.43 Billion) as [email protected] of 2017.
    [Show full text]
  • Sacs in Stock Scrip Gift Card Order Form
    SACS IN STOCK SCRIP GIFT CARD ORDER FORM - AVAILABLE FOR IMMEDIATE PURCHASE AT SACS SCHOOL OFFICE ~Please make checks payable to: SACS (There will be a $25 fee for any returned payments.) Name:___________________________________________ Scrip #___________ ~Please note that the profit percentages offered by merchants are subject to change. Phone:(_____)________________ Order Total $____________Check #________ ~Please note that SCRIP gift cards can only be used to purchase goods or services, NOT other gift cards. Pickup/Delivery (Please select one):_____Pick-Up_____Send w/Child - Student Name/Teacher________________________________________________ Questions? Please contact Diane Mulcrone, SACS Scrip Coordinator, at [email protected] or (952)445-3387 ext. 140 Gas Stations Qty Total Restaurants (cont.) Qty Total Other Stores (cont.) Qty Total Holiday (4%) $ 25 $ Chipotle Mexican Grill (10%) $ 10 $ J.C. Penney (5%) $ 25 $ Holiday (4%) $ 50 $ Culver's (10%) $10/$25 $ JoAnn Fabrics (6%) $ 25 $ Holiday (4%) $ 100 $ Dairy Queen (3%) $ 10 $ Kohl's (5%) $ 25 $ Kwik Trip (5%) $ 25 $ Domino's Pizza (8%) $ 10 $ Kohl's (5%) $ 100 $ Kwik Trip (5%) $ 50 $ O'Brien's Public House (5%) $ 25 $ Macy's (10%) $ 25 $ Kwik Trip (5%) $ 100 $ Olive Garden/Red Lobster (9%) $ 25 $ Marshalls/TJ Maxx (7%) $ 25 $ Super America (4%) $ 25 $ Outback Steakhouse (8%) $ 25 $ Michael's (4%) $ 25 $ Super America (4%) $ 100 $ Panera Bread (9%) $ 10 $ Target (2.5%) $ 10 $ Grocery Stores Qty Total Papa Murphy's Pizza (8%) $ 10 $ Target (2.5%) $ 25 $ Cub (5%) $ 25 $ Perkin's (10%) $ 25 $ Target (2.5%) $ 100 $ Cub (5%) $ 50 $ Pizza Hut (8%) $ 10 $ Walgreen's (6%) $ 25 $ Cub (5%) $ 100 $ Pizza Ranch (10%) $10/$25 $ Community Scrip* This certificate is not designated Von Hanson's (10%) $ 25 $ Qdoba Mexican Grill (7%) $ 25 $ for a specific retailer.
    [Show full text]
  • West Saint Paul West St. Paul Complex June 7-9, 2013 13A Black
    Directions Between W St Paul Sports Complex and Hampton Inn West Saint Paul West St. Paul Complex June 7-9, 2013 13A Black This tournament is a State Qualifier. This souvenir program is brought to you by Becky Cromwell. If you take photos of the ball games, I would appreciate if you would email me a few for our MAYBA.com Royals 13A page. [email protected] or [email protected] Thank you. Enjoy the game! Royals 13A Roster 3 Danny Johnson 7 Mitchell Barnes 9 Zach Zellmer 14 Matthew Murray 17 Sam Murray 21 Brendan McCullom 22 Ford Johnson 23 Logan Stevenson – Injured Reserve 24 Tyler Cromwell 27 Noah Weimert 31 Reese Melvin 32 Ethan Crouch 43 Reid Gruenes They are going to be hungry later… So, what is near the field you ask? All along 52/S Robert Street are - KFC, Taco Bell, Burger King, Noodles & Company, Culvers, Arby’s, Applebees, Fireside Lounge, Perkins, Buffalo Wild Wings, McDonalds, Jimmy Johns, Chuck E Cheese, Bakers Square, Chipotle, Old Country Buffet So, what is near the hotel you ask? Many near the intersection of Pilot Knob Rd and Yankee Doodle Rd includes - Lone Oak Grill, Granite City Food & Brewery, Houlihans, Jake’s City Grille, Red’s Savoy Pizza, Buffalo Wild Wings & Bar, Jimmy Johns, Chipotle, Potbelly Sandwich Shop, Team Hotel (Block) Information Panera, Genghis Grill, Smashburger, Dairy Queen, Old Chicago, “Mankato Royals 13 Black” Applebees, Perkins, McDonalds, Wildcats Bar and Grill, Al Hampton Inn of Eagan Baker’s, The Italian Pie Shop, El Loro, Dragon Palace 3000 Eagandale Place (651) 688-3343 .
    [Show full text]
  • Fast Food Limited Time Offers
    Fast Food Limited Time Offers Shurwood remains deflated after Chaddie enrich remarkably or putts any seismoscopes. Dolce Winifield recreate devilish. Exponible Vladimir usually hacks some muezzins or tremors afoot. Both deals are available ask a limited time only Bob Evans The. Fast food menu items that no item exist Insider. To generate additional sales BK occasionally introduces limited-time offers of special versions of its products or brings out completely new. Popeyes says they're deflect to help treat for yours and is offering fans 10 pieces of play signature chicken in their crispy breading for him under. While the podcast may or leash not confirm a joke the rich will amount be good collect a limited time. National Fast the Day 2019 Deals Offers Promo Codes for. How men Create a Successful Limited-Time Offer Ad Age. Minimum order of 5 is required Limited time offer At participating locations 99 in select. McDonald's Makes McPick 2 for 5 Official For A Limited. National Fast whole Day 2019 Food deals coupons and freebies. Order Smashburger faster save your favorite orders earn points and get attention food food's really not simple. The habit releases new family meal includes an order la vida más fina today, fast food preparation practices in your money matters and tips to see websites. In the disgust of whole box fool put It schedule an else part tag the opening meal fast decay has in offer. Special offers have included free medium fries with the subordinate of crispy tenders one free McCafe beverage or you buy spy and though free.
    [Show full text]
  • Form 2462 SBA NEGOTIATED ADDEND
    SBA SBA FRANCHISE FRANCHISE IS AN SBA IDENTIFIER IDENTIFIER MEETS FTC ADDENDUM SBA ADDENDUM - NEGOTIATED CODE Start CODE BRAND DEFINITION? NEEDED? Form 2462 ADDENDUM Date NOTES When the real estate where the franchise business is located will secure the SBA-guaranteed loan, the Collateral Assignment of Lease and Lease S3606 #The Cheat Meal Headquarters by Brothers Bruno Pizza Y Y Y N 10/23/2018 Addendum may not be executed. S2860 (ART) Art Recovery Technologies Y Y Y N 04/04/2018 S0001 1-800 Dryclean Y Y Y N 10/01/2017 S2022 1-800 Packouts Y Y Y N 10/01/2017 S0002 1-800 Water Damage Y Y Y N 10/01/2017 S0003 1-800-DRYCARPET Y Y Y N 10/01/2017 S0004 1-800-Flowers.com Y Y Y 10/01/2017 S0005 1-800-GOT-JUNK? Y Y Y 10/01/2017 Lender/CDC must ensure they secure the appropriate lien position on all S3493 1-800-JUNKPRO Y Y Y N 09/10/2018 collateral in accordance with SOP 50 10. S0006 1-800-PACK-RAT Y Y Y N 10/01/2017 S3651 1-800-PLUMBER Y Y Y N 11/06/2018 S0007 1-800-Radiator & A/C Y Y Y 10/01/2017 1.800.Vending Purchase Agreement N N 06/11/2019 S0008 10/MINUTE MANICURE/10 MINUTE MANICURE Y Y Y N 10/01/2017 1. When the real estate where the franchise business is located will secure the SBA-guaranteed loan, the Addendum to Lease may not be executed.
    [Show full text]
  • Document.Pdf
    2000 MCKINNEY TYPICAL FLOORPLATE 25,000 SF World-class workplace environment in the center of it all. PHOTOGRAPHY BY KEVIN TODORA PROPERTY HIGHLIGHTS: BUILDING AMENITIES: · 456,906 SF Class AA Building in the Heart · On-Site Fitness Facility RECENT of Uptown · On-Site Dining Options · Distinguished Tenant Base · Murphy’s Deli Renovations · 21 Stories · Miriam Cocina Latina · 25,000 SF Average Floorplate · On-Site Property Management and · 3/1,000 Structured Garage Parking Engineering · Adjacent to Klyde Warren Park · On-Site Car-Wash · Over 100 Walkable Amenities (Dining, · On-Site Shoe Shine Retail, Hotels, Green Space, & Food Trucks) · Direct Access to M-Line Trolley Connecting all of McKinney Avenue and Uptown · Unobstructed Panoramic Views of the CBD and Klyde Warren Park - 2 - - 3 - 6 MCKINNEY AVE TROLLEY Area Amenities MCKINNEY AVE CEDAR SPRINGS RD SPRINGS CEDAR 30 RESTAURANTS WITHIN A 5 MINUTE WALK MCKINNON ST 5 29 1. Perry’s Steakhouse 13. Village Burger Bar 26. Ascension Coffee 32 THOMAS ST 28 3 2. Murphy’s Deli 14. Wing Street 27. Crescent Club 31 3. Doc B’S 15. Pei Wei 28. Nobu Restaurant 24 4. Del Frisco’s Double Eagle 16. Snap Kitchen 29. Captial Grille 25 26 19 Steakhouse 17. Morton’s Steakhouse 30. Sixty Vines 27 23 18 5. Roti Mediterranean 18. Potbelly 31. Dickey’s BBQ 36 17 6. Fearing’s Restaurant 19. Smashburger 32. Truluck’s PEARL ST 16 7. Water Grill 20. Meso Maya 33. St. Anne Court 15 8. Starbucks 21. El Fenix 34. Happiest Hour 1 9. Malibu Poke 22. Taqueria La Ventana 35.
    [Show full text]
  • Smashburger ® Sides
    smashburger ® ® BIG SMALL BIG 100% CERTIFIED ANGUS BEEF SMASH SMASH SMASH SMASH SMASH CLASSIC CREATE American cheese, lettuce, tomato, ketchup, YOUR onion, pickles and our smash sauce on an egg bun. OWN ALL AMERICAN W/CHEESE BURGER American cheese, ketchup, yellow mustard, onion and pickles on an egg bun. PICK AN ARTISAN BUN: MUSHROOM SWISS Classic egg Spicy chipotle None Garlic sautéed mushrooms, Swiss cheese Multi-grain and mayo on an egg bun. ADD SAUCES & TOPPINGS: BBQ, BACON & CHEDDAR Smash sauce Lettuce Heinz® Ketchup Tomato BBQ sauce, applewood smoked bacon, Yellow mustard Red onion cheddar cheese and haystack onions on Spicy brown mustard Grilled onions an egg bun. Mayo Kosher pickles Spicy chipotle mayo Jalapeños SPICY BAJA Frank’s® RedHot® Sweet relish Pepper jack cheese, guacamole, lettuce, Buffalo Sauce tomato, onion, spicy chipotle mayo and fresh BBQ sauce Ranch jalapeños on a spicy chipotle bun. Blue cheese dressing CHOOSE YOUR CHEESE: American Pepper jack Any signature recipe available as a SMALL SMASH Aged Swiss Sharp cheddar Blue PREMIUM ADD ONS: Applewood smoked bacon Guacamole Beefy Chili Haystack onions Fried egg Garlic mushrooms Choice of cheese Fried pickles Avocado sides SMASHFRIES Tossed with rosemary, olive oil and garlic. FRENCH FRIES Shoe string cut russet potatoes seasoned with sea salt. SWEET POTATO SMASHFRIES Tossed with rosemary, olive oil and garlic. HAYSTACK ONIONS Served with dipping sauce. FRIED PICKLES Served with buttermilk ranch dressing. VEGGIE FRITES Flash-fried asparagus spears, carrot sticks and green beans. BEEFY CHILI Tender beef, fresh jalapeño slices and grated cheddar cheese. SMALL WEDGE SALAD Tomatoes, onions, bacon and blue cheese with blue cheese dressing.
    [Show full text]
  • Mcdonald's Corporation
    MH0037 1259420477 REV: SEPTEMBER 14, 2015 FRANK T. ROTHAERMEL MARNE L. ARTHAUD-DAY McDonald’s Corporation SEPTEMBER 1, 2015. Steve Easterbrook walked into his office in McDonald’s corporate headquar- ters. He had finally achieved his dream of becoming chief financial officer (CEO) at a major Fortune 500 company, but somehow he had expected it to feel better than this. Don Thompson, the former CEO who had recently “retired” had not been just his boss, but his friend. They had both started their careers at McDonald’s early in the 1990s and had climbed the corporate ladder together. He had not taken personal joy in seeing either his friend or his company fail. Rather, Easterbrook had fantasized about inheriting the company at its peak and taking it to new heights—not finding the corporate giant on its knees in desperate need of a way to get back up. The company’s troubles had snowballed quickly. In 2011, McDonald’s had outperformed nearly all of its competitors while riding the recovery from a deep economic recession. In fact, McDonald’s was the number-one performing stock in the Dow 30 with a 34.7 percent total shareholder return.1 But in 2012, McDonald’s dropped to number 30 in the Dow 30 with a –10.75 percent return. The company went from first to last in 12 brief months (see Exhibits 1 and 2). In October 2012, McDonald’s sales growth dropped by 1.8 percent, the first monthly decline since 2003.2 Annual system-wide sales growth in 2012 barely met the minimum 3 percent goal, while operating income growth was just 1 percent (compared to a goal of 6 to 7 percent).3 Sales continued to decline over the next two years.
    [Show full text]
  • Chapter 1- Introduction
    1 INTRODUCTION cDonald’s and Ray Kroc (1902–1984), the person most associated with it, were the subjects of the 2016 motion picture The Founder. However, MKroc was not the founder of McDonald’s. Nor was he the source of the early innovations that were the basis of that restaurant chain’sdistribute phenomenal suc- cess. Rather, it was the McDonald brothers—Richard and Maurice—who were the true founders of McDonald’s in 1937 and its realor innovators. Kroc was the ruthless force behind the franchising of McDonald’s restaurants and the eventual creation of what is now a globe-straddling chain of tens of thousands of restau- rants. But even Kroc could not have anticipated that McDonald’s would become the basis of one of the most influential developments in contemporary society. Its reverberations extend far beyond post,its point of origin both in the United States and in the fast-food business. It has influenced a wide range of businesses and many other types of organizations. Most generally, it is a global force affecting the way of life of a significant portion of the world.1 That impact continues and is likely to expand throughout the 21st century.2 * This chapter begins with a discussion of McDonaldization, the concept and process that copy,defines this book. After summarizing the basic principles that lie at the base of McDonaldization, its advantages and disadvantages (its “irrationali- ties”) are analyzed. We then turn to a discussion of McDonald’s itself and its rela- tionship to other “brick-and-mortar” consumption sites.
    [Show full text]