BTIG Restaurant Analyst, Peter Saleh, Quoted by Bloomberg – “McDonald’s Faces Franchisees Decrying Destructive Path”

BTIG Restaurant Analyst, Peter Saleh said: “Most of these people like to pass this business down to their kids. It’s like an annuity that you pass down through the family.”  He added that if new leases cost more — an area of franchisee concern — then owners are less likely to invest in further initiatives.