Burger King - Statistics & Facts

Burger King is a quick service restaurant chain operating restaurants all around the world - it's headquarters are based in Florida, United States. The limited service restaurant chain was founded in Florida in 1953 under the name ‘Insta-Burger King’. Insta-Burger King was purchased in 1954, by its two Miami-based franchisees David Edgerton and James McLamore, who renamed it 'Burger King'. Its menu has since then from hamburgers, fries, milkshakes and soda to also include breakfast, salads, chicken, desserts and various side dishes such as onion rings and hash browns.

Burger King is amongst the most valuable quick service brands in the world with a value of around six and a half billion U.S dollars. In the past few years, the company has become an almost entirely franchised chain, with more than 15,500 franchised restaurants. Today only 71 units remain company-owned. Although Burger King reduced the number of company-owned restaurants, overall the number of locations have grown annually over the last nine years. The revenue of Burger King has also grown over the past five years, reaching 1.65 billion U.S. dollars in 2018.

In 2010, Burger King was purchased by the investment firm 3G Capital making it a privately held company. Investment firm 3G Capital went on to purchase the Canadian coffee house chain Tim Hortons in 2014, an indirect subsidiary of RBI merging the restaurants under the parent company Restaurant Brands International (RBI). Both Burger King and Tim Hortons maintain separate brands and headquarters despite Restaurant Brands International being a single publicly traded company, which began trading in December of 2014. Additionally, on March 27, 2017, RBI purchased Popeyes Louisiana Kitchen (via Orange, Inc) adding the restaurant to their subsidiaries.



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