McDonald’s is an American fast food company, founded in 1940 as a restaurant operated by Richard and Maurice McDonald, in San Bernardino, California. They rechristened their business as a hamburger stand. The first time a McDonald’s franchise used the Golden Arches logo was in 1953 at the opening of a location in Phoenix, Arizona.
McDonald’s primarily sells hamburgers and various types of chicken sandwiches, wraps, breakfast items, soft drinks, coffee, shakes and desserts. In most countries it also sells french fries and other side dishes.
McDonald’s is a massive real estate empire.
McDonald’s is the largest real estate owner in the world, according to Bloomberg. The company owns around $36 billion worth of property, including buildings and land.
Can anyone really believe that a burger and fries is McDonald’s main secret?
Their main secret is in their property. They own billions of worth real estate.
85% of all McDonald’s are franchises. Which means the corporation owns the land and rents it back to the franchise.
With 38,695 restaurants all over the world they are able to bring in a hefty fee of $4.5 billion annually.
The McDonald’s Restaurant System is the Largest Retailer in the World
McDonald’s is the world’s largest retailer, with more than 36,000 restaurants in 118 countries.
The McDonald’s restaurant system is the largest retailer in the world. It has more than 36,000 restaurants in 118 countries and serves around 68 million people daily.
McDonald’s has become an international symbol of fast food culture and its brand value is worth about $98 billion as of 2016. It is one of the most successful fast food chains in history.
The Size of McDonald’s Real Estate Empire
McDonald’s is the world’s largest restaurant chain, with more than 36,000 locations in over 100 countries.The company owns or leases about 85% of its stores, which are operated by franchisees.
The company has been accused of contributing to obesity in children and adults. It has also been subject to criticism for its environmental practices and animal welfare record.