Admin Table of Contents
What business category is Burger King?
Fast food restaurant
Burger King
| Logo used since December 21, 2020 | |
|---|---|
| Type | Subsidiary |
| Industry | Restaurants |
| Genre | Fast food restaurant |
| Predecessor | Insta-Burger King |
Is Burger King a franchise or corporation?
Franchise Description: Burger King Corporation (BKC) is the franchisor. BKC is a wholly-owned subsidiary of Burger King Worldwide, Inc., which is an indirect subsidiary of Restaurant Brands International….$3,398,600.
| Type of Fee | Amount |
|---|---|
| BK McLamore Foundation Scholarship | $1,000 per restaurant per year. |
What is Burger King corporate number?
1 (866) 394-2493
Burger King/Customer service
Where is Restaurant Brands International based?
Toronto, Ontario, Canada
Restaurant Brands International
| Type | Public |
|---|---|
| Founded | December 15, 2014 |
| Headquarters | Toronto, Ontario, Canada |
| Number of locations | 25,496 (December 31, 2020) |
| Area served | Worldwide |
How many Burger Kings are franchised?
Globally famous quick service restaurant chain Burger King operated and franchised a total of 18,625 restaurants worldwide in 2020. The vast majority of these were franchised- 18,573, to be precise.
How many Burger Kings are corporate owned?
Globally famous quick service restaurant chain Burger King operated and franchised a total of 18,625 restaurants worldwide in 2020. The vast majority of these were franchised- 18,573, to be precise. Only 52 units remain company-operated as more and more were replaced with franchised stores over the past ten years.
When was Burger King public?
Burger King began trading on the New York Stock Exchange under the ticker symbol BKC on May 18, 2006. The stock sale generated $425 million in revenue, the largest IPO of a US-based restaurant chain on record.
What is Burger Kings business strategy?
Burger King uses two generic strategies for competitive advantage: cost leadership and broad differentiation . The company’s primary generic competitive strategy is cost leadership. According to Michael Porter’s model, this generic strategy involves minimizing costs, which leads to low prices.
Who owns Burger King currently?
Burger King is majority owned by 3G Capital as you cited in your question. The second largest shareholder is Justice Holdings, which is a joint shell company set up by a consortium of Pershing Square , Ackman and Berggruen.
Who is Burger King’s parent company?
Burger King Holdings is the parent company of Burger King, also known as Burger King Corporation and abbreviated BKC, and is a Delaware corporation formed on July 23, 2002.
What is Burger King strategy?
Burger King’s Intensive Strategies (Intensive Growth Strategies) Market Penetration. Burger King’s primary intensive growth strategy is market penetration. The goal of this intensive strategy is to grow revenues from existing customers or markets where the firm already has operations.