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At the end of the company's fiscal year in 2015, Burger King reported it had more than 15,000 outlets in 84 countries; of these, approximately 50% are in the United States and 99.9% are privately owned and operated. The company locations employ more than 37,000 people who serve approximately 11.4 million customers daily.
Burger King Holdings was the parent company of Burger King when it went public in 2002. [67] Burger King derived its income from several sources, including property rental and sales through company owned restaurants; [67] however, a substantial portion of its revenue was dependent on franchise fees. [67]
Restaurant Brands International Inc. (RBI) is a Canadian-American multinational fast food holding company.It was formed in 2014 by the $12.5 billion merger between American fast food restaurant chain Burger King and Canadian coffee shop and restaurant chain Tim Hortons, and expanded by the purchases of Popeyes and Firehouse Subs in 2017 and 2021, respectively.
The London-headquartered company we know today is just 27 years old. But its most iconic brands have been household names since well before that. Diageo once owned Burger King and Häagen-Dazs.
Here comes a potential Burger King turnaround in America. For premium support please call: 800-290-4726 more ways to reach us
Burger King (BKC) will have a new CEO once it is sold to 3G Capital. 3G today announced that it plans to appoint Bernardo Hees, a partner at the investment group, as CEO of the fast-food retailer ...
The first Burger King branch in the Philippines opened at Robinsons Galleria, Quezon City in December 1997. [59] PERF Restaurants Inc. (formerly PhilKing Restaurants and Development Corp.), the Philippine franchisee of Burger King, was owned by Ayala Corporation until it was sold to BK Titans Inc. in 2006. [60]
By 2001 and nearly eighteen years of stagnant growth, many of Burger King's franchises were in some sort of financial distress. The lack of growth severely impacted BKC's largest franchise, the nearly 400 store AmeriKing; by 2001 the company, which until this point had been struggling under a nearly $300 million debt load and been shedding store across the US, was forced to enter Chapter 11 ...