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Home Videos Financial

McDonald’s Bankruptcies Soar 40% and Now Thousands of Stores Are About to Disappear

by Epic Economist
August 2, 2023

  • The Silver Boom Was Inevitable — It Belongs in Your Safe or Backing Your Retirement


McDonald’s is a fast food empire with over 40,000 restaurants across the globe and more than 13,000 locations in the United States. With an annual revenue of over $23 billion a year, the company is by far the largest burger chain in the world.

Since the pandemic, it saw profits ballooning, despite citing rising operational costs and supply chain issues as major problems dragging growth and even passing along a series of price increases to its customers to allegedly offset sales losses. With its stock rallying at the moment, and higher menu prices resulting in a significant increase in average ticket costs, it’s hard to imagine how a business of this size and magnitude can be struggling right now.

The answer is not simple, but in today’s video, we’re going to explain why the biggest fast food chain in the entire industry is facing a rare and yet unsurprising wave of bankruptcies in 2023.

Despite being the greatest fast-food corporation the world has ever seen, 95% of McDonald’s restaurants in America are operated by independent owners, and the war between corporate and franchisees seems to be getting worse this year. For decades, operators have been fighting McDonald’s tightening rules and expensive demands, and now many of them are hitting a breaking point.

For about 40% of franchisees, McDonald’s new financial requirements may end their years-long leases because the company’s rising expenses are not allowing these stores to hit profit targets. Simply put, these franchisees may have their contracts canceled, losing all of their investment if they fail to meet corporate expectations. In other words, one in four McDonald’s operators is at risk of going bankrupt due to the actions of the company itself.

But their strategy of expanding their business on the back of operators isn’t a clever one. At some point, its entire model could be at risk if enough of them decide to leave the company. When they signed their contracts with the megachain, franchisees were promised to become partners with the company. But over the years, corporate changed rules and regulations, so that the operators were the only ones responsible for the risk of managing a low-margin restaurant business during economic downturns.

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On a consumer level, things aren’t going great either. The brand’s push for more expensive burgers has not been well-accepted by customers. Even though the average ticket prices have risen by roughly 15% over the past 12 months due to higher menu prices, there are fewer people visiting McDonald’s locations on a monthly basis, and they are even fewer people revisiting its restaurants multiple times in a month.

Put simply, customer loyalty is going down, and that was one of the main pillars that helped McDonald’s to build its brand since its foundation in 1955. Unfortunately, McDonald’s case is a clear demonstration of how a great business can rot from within due to its own greed. That’s a reality more people are waking up to right now, and that ultimately will contribute to the demise of the greatest fast-food chain America has ever seen.

Sound off about this article and video on our Economic Collapse Substack.

Article and video cross-posted from Epic Economist.

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Three Reasons a Coffee Gift Set From This Christian Company Is Perfect for Christmas

Promised Grounds Gift Pack

When you’re searching for a Christmas gift that’s meaningful, useful, and rooted in faith, you don’t want to settle for anything generic. This season is filled with noise — mass-produced products, last-minute picks, and trends that fade as quickly as they appear. But one gift stands apart because it blends genuine quality with a message that matters: a coffee gift set from Promised Grounds Coffee.

This small Christian-owned company has become a favorite among believers who want to support faith-driven businesses while giving friends and family something they’ll actually enjoy. Here are three reasons a Promised Grounds Coffee gift set may be the most thoughtful and impactful present you give this year.

1. It’s Truly Delicious Coffee

Too many “gift-worthy” coffees look beautiful in the package but disappoint when the cup is poured. Promised Grounds takes the opposite approach — exceptional taste first, thoughtful presentation second.

Their beans are sourced with care, roasted in small batches, and crafted to bring out a rich, smooth flavor profile that appeals to both casual drinkers and true coffee lovers. Whether someone enjoys bold, dark roasts or lighter, more delicate blends, every sip reflects quality that stands shoulder-to-shoulder with the biggest specialty brands.

Simply put: this coffee is good. Really good. Some say it’s absolutely fantastic. If you want a gift that won’t be re-gifted, ignored, or shoved in a cabinet, this is it.

2. It Spreads the Word While Serving a Real Purpose

There are many Christian gifts that are meaningful… but not exactly practical. There are also useful gifts that have nothing to do with faith. Promised Grounds Coffee bridges both worlds beautifully.

Each gift set delivers an encouraging, faith-centered message through its packaging and presentation — a simple but powerful reminder of God’s goodness during the Christmas season. The cups are especially popular and serve as a daily reminder of the blessings from our Lord. At the same time, the product itself is something people will actually use and appreciate every single day.

It’s a gift that uplifts the spirit and fills the mug. A gift that points loved ones toward Scripture while still being part of the normal rhythm of life. And in a culture that increasingly pushes faith to the margins, giving a gift that quietly but confidently honors Christ can make a deeper impact than you might expect.

3. It’s Affordable, Valuable, and Elegantly Presented

Many people want to give something meaningful without breaking their Christmas budget. Promised Grounds Coffee strikes that perfect balance — the sets look and feel premium, but the price remains accessible.

The packaging is classy, clean, and gift-ready, making it ideal for:

  • Family members of all ages
  • Co-workers or employees
  • Church friends or small-group leaders
  • Hosts, neighbors, and last-minute gift needs

It’s the kind of gift that feels more expensive than it is — and more thoughtful than most of what you’ll find on store shelves.

The Perfect Blend of Faith, Flavor, and Christmas Cheer

A coffee gift set from Promised Grounds Coffee checks every box: a gift that tastes amazing, conveys your faith, supports a Christian business, and brings daily enjoyment to the person who receives it. In a season when so many gifts are forgotten, this one stands out for all the right reasons.

If you want a Christmas present that reflects your values and delivers genuine joy, Promised Grounds Coffee is the perfect place to start.

Comments 17

  1. Mike M says:
    2 years ago

    I love MickyDs but now a meal burger fries in $8 bucks. I can go to a lot of places for that or get healthy premade salad or meal from decent grocery store. On top of that it is not fast anymore takes for ever. Feel sorry for people who invested millions took risk then slave to corporate, defeats purpose owning a business. Take those millions buy some residential rental properties and will make more money and full control no employees and 1/100 headaches

    Reply
  2. Mike S says:
    2 years ago

    Did Biden-omics kill the McRib?

    Reply
  3. Sassy says:
    2 years ago

    Maybe their business model should change to one where real, unadulterated food is served.

    Reply
  4. Catpaws says:
    2 years ago

    This is nothing more than the corporate’s Harvard MBAs getting bigger bonuses without knowing where their bonus money comes from. Haven’t been in a Micky D’s in years after convincing me they cannot make a cup of coffee that isn’t rancid or bitter or putting an old hamburger on a roll in the microwave and serving it. .

    Reply
  5. Cajun says:
    2 years ago

    I recently paid $11.40 for a quarter pounder meal. A double cheeseburger meal at Culvers is $2.00 less. It’s no wonder they’re going bankrupt.

    Reply
    • Arty Tearwaffle says:
      2 years ago

      People used to go to the Golden Arches because it was cheap… then because it was reasonable… then with Bernie Sanders’ 15 dollar minimum wage, two adult meals and two happy meals costs over 40 bucks as predicted. Of course franchises are going to fold, their product is 2 out of 10 stars. McDonalds is doomed… Bidenomics.

      Reply
  6. Joe says:
    2 years ago

    This is what happens when wall street instead of main street runs the show. Plus I refuse to eat at fast food anymore because there have seen one too many postings online of workers at fast food that molest the food or refuse to wash their hands after they use the bathroom and that makes me wanna hurl because of it. No thank you I’ll pack my own.

    Reply
  7. Mike Van Horn says:
    2 years ago

    The new restaurants are cold and uninviting, local bars are comfortable. Prices are nearly as high as local bar burgers that are better. After the plandemic, I began supporting local businesses as much as possible. Inflation has spiked and my wages have not. McDonald’s lost my business due to those 4 reasons.

    Reply
  8. Jake M. says:
    2 years ago

    Too expensive for me now. Sad, but true.

    Reply
    • Arty TearArty Teatwafflewaffle says:
      2 years ago

      Remember the 5 dollar foot long from 2021? It’s 9 dollars plus tax now. Subway is doomed too. Thanks Bernie and AOC. Those unemployed employees are going on the taxpayer provided dole… Bidenomics.

      Reply
  9. Jack Fanning says:
    2 years ago

    I haven’t eaten at McDonalds in at least 5 years because of a combination of poor quality and high prices. I don’t intend to go back.

    Reply
  10. Rusty says:
    2 years ago

    Last time I was in McDonald’s was in the early 90’s.
    Not all, but a lot of the employees are ignorant. Not stupid, just have no people skills, a lot don’t appear to WANT to work, that customers are interrupting them from playing grab a** with the each other.
    Other than places like Chic FIL-A & a few others, I don’t bother with fast food places. It’s cheaper to eat at home, thanks to Brandon

    Reply
  11. Nick says:
    2 years ago

    Their business model, of keeping burger prices low via grinding up human trafficking victims and mixing it in with whatever else their patties consist of, was severely disrupted by Trump and they are starting to feel the pinch. Good riddance.

    Reply
    • Arty Tearwaffle says:
      2 years ago

      Cuckoo… cuckoo

      Reply
  12. Arty Tearwaffle says:
    2 years ago

    The ridiculous 15 dollar minimum wage brought us 13 dollar big mac meals, and doomed Burger King, McDonalds and other cheap fast food restaurants. Democrat donkeys screw up everything they touch.

    Reply
  13. Sam says:
    2 years ago

    Best things on the menu are the original hamburger/cheeseburger. I’d like to see them focus on that and even offer six-packs like some of their competitors.

    Also–bring back the beef tallow and salt for french fries.

    Reply
  14. Raice Bannon says:
    2 years ago

    THEY HAVE TOO MANY PRODUCTS AND TOO MANY PEOPLE WORKING1
    Streamline the offerings, get rid of the fancy coffee. Offer about 5 different burgers and fries. 1 Chicken sandwich and nuggets. Start marketing to families and kids again instead of millenials wanting coffee! Break with Disney and go back to coole Happy Meals. The Happy Meals used to bring them in.

    Reply

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