News Archive: Goodbye to Rehovot's golden arches. First of Israel's 46 McDonald's outlets goes bust.

"After 18 months in operation, the Rehovot branch of McDonald's shut its doors over the weekend, the first of the chain's restaurants to close.

Located in the Rehovot Central Mall, the fast-food restaurant, one of 46 McDonald's outlets here, closed due to a lack of profits, two years before the end of its lease agreement with the mall.

Israel's McDonald's franchisee, Omri Padan, attributed the outlet's failure to the fact that he had been forced to turn the restaurant into a kosher branch and that the conversion had proven ..."

Source: Goodbye to Rehovot's golden arches. First of Israel's 46 McDonald's outlets goes bust. Jerusalem Post (2 September 1997) [Search FullText]