Find it difficult to believe that even McDonald’s packed up in a busy shopping mall.
The customer service in Kinta City Shopping Mall confirmed this. I heard that McDonald’s want to do 24 hours drive through service which they can’t do at the shopping mall that is why they decided not to renew their contract. There is however already one next to MH Hotel. So this can’t be the sole reason they want out. It is likely they want to relocate somewhere else. But from what I can see it’s good business in AEON Kinta City. It’s a loss they chose to relocate in my view. But I obviously I don’t know how much Kinta City was asking for rental which could make it less profitable than a 24 hours drive through business model. I heard that Black Canyon is paying RM33,000 a month so McDonald’s was probably paying that kind of money previously. It would be difficult for Kinta City to find a new tenant to occupy that space for sure considering that it is a premium ground floor lot. With the upcoming AEON in Klebang, I can foresee rental to remain suppressed for years to come in Ipoh, especially when the economy is looking dire at the moment. You see even McDonald’s don’t want to do business in a busy shopping mall anymore!
Kinta City has cleared out the space vacated by McDonald’s. Now Peugeot is doing a car road show there. No more green wall there, which would delight my daughter as she is scared of green wall for some reasons and has lately refused to go to Kinta City because of that!
Apparently McDonald’s closed down because business was indeed not as good as those drive thru outlets. Two to three hundred thousands revenue a month was not good enough. A good drive thru outlet in Ipoh can hit close to 1 million Ringgit a month…