Burger King Corporation is a global chain of fast food restaurants that sells hamburgers, french fries, milkshakes, soft drinks and desserts. It was founded in 1953 by James McLamore and David Edgerton in Miami Beach, Florida. The restaurant chain has grown to more than 15,000 locations across the world since then.
The company currently owns about 30% of its stores through its franchisees, who operate most of the company’s outlets worldwide. Franchisees pay an initial fee to open a new restaurant, as well as a percentage of their sales each month to Burger King Corporation.
Who Owns Burger King? (Burger King Corporation, Franchise)
Burger King is owned by a corporation called Restaurant Brands International. The company was formed in 2014, when it acquired Popeyes Louisiana Kitchen for $1.8 billion and then merged with Tim Hortons Inc. to create Restaurant Brands International.
Restaurant Brands International owns several other restaurant chains, including: Wimpy, Bakers Express, Pizza Delight, Muffin Break, Bruegger’s Bagels, Mr. Submarine and Harvey’s.
What is the corporate structure of Burger King? Business Model
Burger King is a fast food restaurant chain that operates over 14,000 locations in 73 countries worldwide. The company is owned by Restaurant Brands International, which also owns Tim Hortons, Popeyes Louisiana Kitchen, and Auntie Anne’s.
The corporation is owned by the public, and its shareholders own shares of the company. The ownership structure of a corporation is different from that of a partnership or sole proprietorship: in a corporation, the owners are not liable for debts incurred by the business.
The corporate structure of Burger King is as follows:
- The CEO is Jose Cil (since 2015).
- The CFO is Daniel Schwartz (since 2015).
According to Burger King’s website, there are a total of 18 different menu items that you can order at any time.
The full list includes:
- Whopper (of course)
- Whopper Junior
- Big Fish Sandwich
- Triple Whopper with Cheese (or Bacon)
- Double Cheeseburger with Lettuce and Tomato
- Double Cheeseburger with Cheese (or Bacon)
- Double Quarter Pounder with Cheese (or Bacon)
- BK Veggie Burger with Mustard, Pickles, and Onions on a Sesame Seed Bun
- BK Veggie Burger with Mayonnaise, Pickles, and Onions on a Sesame Seed Bun
- Crispy Chicken Sandwich (with or without cheese)
- Crispy Chicken Tenders (with or without sauce)
- Crispy Chicken Nuggets (with or without sauce)
How many restaurants are there across America? All Locations
There are over 13,000 Burger King restaurants across America. This number has been increasing steadily since 1990, when only 5,000 were open.
You can find a Burger King in almost every state in the US—and in many other countries as well. Burger King is an international corporation that owns more than 18,000 restaurants worldwide, with over 2,000 of those restaurants located on American soil.
The first Burger King opened in Miami, Florida in 1953. Since then, the company has grown exponentially and even changed hands a few times before being acquired by its current owner, Restaurant Brands International (RBI), which was created by a merger between Tim Hortons and Burger King in 2014.
Where can I find Burger King location near me?
Searching for nearby Burger King locations can be done by using the store locator tool on their website, or by using Google Maps.
The Burger King website states that they have over 17,000 locations globally, which means there are likely many within your immediate area. To find your nearest Burger King location, enter your zip code into the store locator tool at burgerking.com/en/home#store-locator .
This will bring up a map with all of the nearby restaurants listed by proximity to your location (the closer ones will appear as smaller dots). Clicking on any one of these dots will bring up more information about that particular restaurant including address and phone number so you can call them for more information about hours of operation or if you’d like to place an order online for pickup or delivery!
What is the average price of a meal at Burger King?
If you’re looking for the average price of a meal at Burger King, you’ve come to the right place!
In 2018, the average price of a meal at Burger King was $6.99. However, this can vary depending on when and where you are eating. For example, in California, the average price of a meal would be $7.48 while in Maine it would be $7.18.
The average price of a meal at Burger King is $7.00. This price range is based on the national average price of a meal, which is based on the cost of food and non-alcoholic beverages.
FAQ’s
Burger King is owned by the Burger King Corporation, a global fast food chain. It was founded in 1953 as Insta-Burger King, but the name was changed to Burger King in 1957. The company was founded by James McLamore and David Edgerton, and it has been publicly traded since 1969.
Meal prices vary by location and franchise owner, but most meals range between $5-$7 USD. Each meal includes a beverage and fries or onion rings. Some locations offer combo meals that include a sandwich, small drink, and small fries or onion rings for $6-$7 USD.
Burger King is both a corporation and a franchise—it is owned by its parent company (the Burger King Corporation), but it also has individual owners who own individual restaurants under the umbrella of the parent corporation.
The average price of a meal at Burger King is $8.69. You can get a Whopper for $4.89, a small fry for $1.29, and a drink for $1.79. If you’re looking to splurge, try the Double Whopper with Cheese for $7.99 or the Bacon Smokehouse BBQ Bacon Thickburger for $8.49!
The new slogan is: “Make it great.“
Burger King has a pretty good selection of food options—from burgers and chicken sandwiches to salads and desserts—and they’re all reasonably priced!
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