McDonald's franchisees are pushing back against costly upgrades. What's going on?

Yahoo Finance Executive Editor Brian Sozzi outlines the details of Bloomberg's recent report about the tension between McDonald's (MCD) and its franchisees. Video Transcript 00:00 Speaker A There was a story, shout out to the Bloomberg team, uh talking about how franchisees are balking at spending $800,000 to remodel their McDonald's locations. 00:15 Speaker A This is part of the company's uh 8 and a half billion dollar, I believe plan they put out a couple weeks ago at their investor day in Chicago to remodel their restaurants and according to the Bloomberg reporting, franchisees are balking because they are concerned and $800,000. 00:30 Speaker A I mean, when you have a McDonald's franchise, you are essentially a small business owner.