", McDonald's. The sprout population is 8 sprout varieties. What Is a Franchise, and How Does It Work? McDonald's was originally founded in 1940 in San Bernardino, California, United States by Richard, and Maurice McDonald. "Form 10-K: Restaurant Brands International Inc. (2014)," Page 2. Sign up here. However, the restaurant closed its doors for good on Monday afternoon though the drive-thru remained open for the rest of the day. Get all the latest news on coronavirus and more delivered daily to your inbox. The most common ethnicity at McDonald's is White (63%). McDonald's and Subway are two of the world's largest international fast food restaurant chains. Market data provided byFactset. These restaurants are typically known for their burgers, fries, and chicken, but they also offer a variety of other menu items. Chick-fil-A did not immediately respond to a request for comment from FOX Business. ", QSR. In our comprehensive fast-food companies list, weve ranked everything from Bojangles to McDonalds in terms of franchise-wide sales and number of locations. We have already discussed that thebusiness models of both companies are focused on franchising. Learn about a broad variety of topics that will inspire you and how you live, dress, shop,entertain, socialize and care for yourself each day. McDonald's and Subway are two of the world's largest international fast food restaurant chains. I have all training done and I am very good at what I do. KFC has more locations in the United States, while McDonalds has more locations worldwide. Youre tempted to buy more food when you get inside because theyre giving you a free sandwich or a side of fries. For the past five years, the Golden Arches has consistently recorded more than $35 billion in sales across all of its franchises. Which Restaurant Makes More Money: KFC Or McDonalds? (types + More), Does Starbucks Sell Decaf Iced Coffee? The second-largest fast-food chain by sales is Seattles favorite coffee shop, Starbucks, but the parent company has made slightly more in reported revenue. You only have access to basic statistics. Subway operates in 107 countries, while McDonalds operates in 113 countries. The General Manager told CN2 that the staff was not warned of the closure and the reason behind it is still unknown. McDonald's currently has 37,855 locations globally. Borrow Money Online No Credit Check McDonald's locations brought in more than $21billion in 2019. Even with growth figures slumping since early 2014, McDonald's sits atop the fast-food world., But those slumping figures should concern investors, who have not realized a great return for several years. Starbucks -- 13,930 units, $13,167,610,000 in sales, or $945,270 in. ; Smart Technology: LG appliances come with smart technology, so you can control them from your smartphone or any other compatible device. The rest is part of the entrepreneurial lore that is the hallmark of iconic businesses. Discover with TitleMax, Home and Family series aims to help provide great tips for your home and family to make each day a little easier. Top Consumer Discretionary Stocks for April 2023. McDonald's makes money by leveraging its product (fast food) to franchisees who have to lease properties that are owned by McDonald's. This often comes at a large markup. Loans in Murfreesboro A father has vowed to boycott McDonald's after he was slapped with a 100 fine for exceeding the 90-minute parking limit during his daughter's ninth birthday party.. Nick Forrester, 45, claims he . McDonald's is one of the most popular places to get your fast food fix. Fast food is often high in calories and low in nutrition. The point is that we should really limit the scope of this sentence, which is a statement of opinion on a hypothetical situation rather than a statement of fact. McDonald's market cap as of October 2020. Fast food is convenient and typically less expensive than other types of restaurants, which makes it a popular choice for many people. : As the city's transit system remains mired in a crisis of decreased ridership and shaky finances, experts offer five ideas for addressing the problems. "McDonald's Franchise Disclosure Document," Page 1. I really hate the idea of this kind of stuff on bread so I wasnt too excited, but I thought this might be good for a change. The operating costs, on the other hand, are measurably lower, which allows for an easier path to profitability. ", Securities and Exchange Commission. She has 14+ years of experience with print and digital publications. Also, it's just not as consistent from one McDonald's location to the next. It can be overwhelming at times, but finding balance through efficient solutions can help. 16% of McDonald's employees are Hispanic or Latino. Loans in Delaware "U.S. and World Population Clock. McDonald's. "The purpose of school is to teach reason, and the purpose of advertising . The chain is privately owned and operated by the family that founded it, making it one of the few fast food restaurants that is not part of a larger corporation. What Do I Need to Pawn My Title In order to determine what is better, I will compare the prices, taste and overall experience for each restaurant. The company makes money by leveraging its product, fast food, to franchisees who have to lease properties, often at large markups, that are owned by McDonald's. In many schools, the wellness policies have gotten rid of unhealthy foods like French fries, which would have otherwise stayed in the cafeteria because they drove sales. Like PepsiCo, Inc., versus the Coca-Cola Company, or Ford Motor Company versus General Motors Company, the battle between McDonald's Corporation (NYSE: MCD) and Burger King represents one of the great rivalries in American business history. CORONAVIRUS TO SLOW US MEAT PRODUCTION FOR MONTHS, CEO SAYS. A franchisee is a small business owner who purchases the right to use an existing business's trademarks, brands, and proprietary knowledge. Efficiently catering to the basic need to eat. Each firm continues to push its international presence, although with mixed results. At the same time, the existenceof company-owned stores in McDonald's business structure places certain restrictions on its expansion capabilities. Where in the US Has the Worst Electricity Bills? Here are the top ten most hated foods in the world. Then,private equity firm 3G Capital purchased the struggling giant for $4 billion in 2010. Chick-fil-A: $11.3 billion 4. This material may not be published, broadcast, rewritten, or redistributed. You can only download this statistic as a Premium user. One reason is culture. The 2020 BK FDD suggests that, excluding the costs of real estate acquisition and improvement, total initial investments fall between $333,100 and $3.4million, with an initial franchise fee of up to $50,000.. The second factor is menu. The following is our summary of significant U.S. legal and regulatory developments during the first quarter of 2023 of interest to Canadian companies and their advisors. In April, Chick-fil-A announced a measure to fight the economic standstillcaused by the outbreak. - Caitlyn Johnson. McDonald's currently has 37,855 locations globally. Revenue of the McDonald's Corporation worldwide from 2005 to 2022 (in billion U.S. dollars) [Graph]. Statista. With regards to going to the McDonalds, it is really a better choice. For more than 60 years, McDonald's has been the trailblazer that set the standard by which all other franchises operated. (February 24, 2023). Which Fast Food Restaurants Make the Most Money? A franchise is a business whereby the owner licenses its operationsalong with its products, branding, and knowledgein exchange for a franchise fee. McDonald's has the goal of . . However, the quality is significantly superior. How Much Does McDonald's Make. "Form 10-Q: Burger King Holdings Inc. (For the Quarterly Period Ended June30, 2011).". McDonald's owns about 20%of its restaurants, with the remaining80% owned and operated by independent franchisees. With this model, MCD keeps overhead costs down and lets local owners deal with individual units. According to the company, McDonald's provides franchisees with a long-term lease for the location and the owner is then responsible for all equipment, seating, dcor, and signage. The company's co-founder, Fred DeLuca, made stores easy to open; most new franchisees are charged a $15,000 initial fee, compared to $45,000 at McDonald's. In exchange, Subway operators. Burger King boasted 1.7 billion Whopper sales per year in 2002. McDonald's reached that same figure with Big Macs in 2017.. As of 2017, the number was 16%. This restaurant model isn't unique to McDonald's. "McDonald's Has Raised Its Dividend Every Year Since 1976. Phoenix Title Loans Mutual Fund and ETF data provided byRefinitiv Lipper. His turnaround strategy included an intentional examination of Burger King's recent success. By Jonathan Maze on Apr. A forecast predicts that EU%27s share of global GDP will fall from 10% in 2100 to 10% in 2032. McDonald's makes money by leveraging its product (fast food) to franchisees who have to lease properties that are owned by McDonald's. What is the most successful fast food chain? Here's its main focus: McDonald's remains committed to continuing its aggressive deployment of the three growth accelerators. Since its founding, theenterprise has about 38,000 restaurants globally that serve close to 68 million customers in 118 countries per day. Fast-Food: What's the Difference? Which is the healthiest food in the world? What's the #1 fast food chain in the world? The new McFlurry was originally sold in Singapore and featured Oreos while the U.S. version is vanilla soft served surrounded by "strawberry-flavored clusters and crispy, buttery shortbread cookies," according to McDonald's. However, customers may still add crushed Oreos as well as other . Dubbed as fast-casual restaurants, these entities (Chipotle (CMG), Shake Shack (SHAK), and Cheesecake Factory (CAKE), among others) have been making inroads into the space long dominated by chains like McDonald's. "Quality, Service, Cleanliness and Value" is self-explanatory, and McDonald's has set standards for at least the first and fourth of those qualities. If all the sandwiches made by Subway in a year . Register in seconds and access exclusive features. According to the 2020 FDD for McDonald's, the initial investment amount for a McDonald's franchise falls between $1.3 millionand $2.3million. Franchisees also often pay rent to McDonald's for their locations. McDonald's has notoriously strict criteria for its franchisees (including net worth and liquidity). Starbucks has more caffeine content than McDonalds. Compared to McDonalds 13,846 U.S. locations, Chick-fil-A has 2,470, Taco Bell has 6,766 and Burger King has 7,346. Please create an employee account to be able to mark statistics as favorites. Its a difficult choice between McDonalds and Starbucks. 12% of McDonald's employees are Black or African American. Approximately 93% of all McDonald's locations worldwide are franchises. The Whopper and Big Mac are the two best-selling burgers of all time. McDonald's operates with the following global business segments: the U.S., International Operated Markets, and International Developmental Licensed Markets and Corporate. In terms of the top 10 restaurant companies, the majority are chains with international operations. While they both generate a lot of revenue, McDonalds generates more than twice as much revenue as Subway. This model provides McDonald's with a steady . McDonald's. statistic alerts) please log in with your personal account. Retailers in the food and the sport and leisure sectors, however, work with unique market dynamics that diverge from this relationship and require careful branding and market positioning to succeed. The fast-food chain, after seeing a 13 percent sales growth to more than $11 billion in 2019, has surpassed Taco Bell and Burger King to land a slot just behind McDonalds, according to data from Restaurant Business Magazinesannual list of top 500 restaurants. As a result, we can think of McDonald's as a real estate empire, more than a fast-food chain. Fast Food Restaurants. Not necessarily. "We . Food menus for Burger King and McDonald's sometimes struggle to appeal to foreign consumers, leaving international markets underdeveloped, particularly in the Asia-Pacific region. In general, however, KFC is considered to be the larger of the two chains, with around 19,000 locations worldwide compared to McDonalds 36,000. In fact, there are a number of other popular franchises in this category, including KFC and Taco Bell (YUM), Wendys (WEN), and Burger King. Fast food should be as stable an industry as any. "McDonalds and DoorDash Announce Long-Term Global Strategic Partnership to Drive Growth of McDelivery. You get a barista who knows how to recommend other ingredients to make the drink even better. Its menu has grown over the years to include burgers, fries, shakes, and desserts in addition to burgers, fries, shakes, and desserts. But there are signs those roles may be reversing. 9. 59% of McDonald's employees are women, while 41% are men. In-N-Out Burger has a loyal following of customers who are willing to wait in line for their burgers and fries. McDonalds coffee is not always better than Starbucks and I would love to see them innovate on the menu and make it a bit easier to order. The likelihood is that Subway diners are healthier overall because it is a less expensive and easier to get to than McDonalds. All of these chains have a strong presence in a number of countries and generate a significant amount of revenue each year. Subway, which is the second highest-grossing quick service chain, only raked . The Whopper and Big Mac are the two best-selling burgers of all time. If you have any questions regarding the quality of product or service, please call us at (650) 531-3302. If you only take into consideration the number of locations, Subway has Mickey Ds slightly beat: The famous sandwich shop reports having 44,229 locations in 112 countries, while McDonalds only has 36,900 in 119 countries. McDonald's franchisee applicants must have a minimum of $500,000 available in liquid assets and pay a $45,000 franchise fee. These include white papers, government data, original reporting, and interviews with industry experts. The majority of restaurants will provide a free menu item on occasion. McDonalds said global revenues for 2021 reached the highest level since 2016. Subway may have way more U.S. locations than McDonald's -- 25,549 outposts compared to McDonald's 14,157 -- but the sandwich chain is no match for the golden arches when it comes to sales. On a call with Wall Street analysts, Chris Kempczinski, the chief executive and president of McDonalds, deemed 2021 a banner year for McDonalds, despite the continued disruptions of the pandemic. ", Forbes. Which is better McDonald's or Subway? Salad with chicken, rice, and eggs. KFC tends to attract a slightly older crowd, while McDonalds attracts a younger crowd. Taco Bell: $11.2 billion 5. Despite recent competition, McDonalds is one of the worlds largest and most successful fast-food restaurant chains. CORONAVIRUS MAY PROMPT POTBELLY TO CLOSE 100 STORES. 3 McDonald's reached that same figure with Big Macs in. Franchisee: Definition, Examples, Benefits, and Responsibilities, What is a Franchisor? McDonalds treats its employees like shit, so the customers are now paying for it. Thefranchise fees to open a new McDonald's restaurant are much greaterthan that of a Subway restaurant. Also, its just not as consistent from one McDonalds location to the next. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Over the past few years, another restaurant model, one that offers consumers freshly-prepared, higher-quality food in an informal setting and with efficient counter service, has been making a bid to garner the attention of the consumer, or more appropriately, their palates. What is the most popular international dinner and why? But this also shows why the fast food industry is going to be the most profitable industry in the world. There is no definitive answer to this question as it largely depends on a number of factors, including the country in question and the specific fast food chains that are operating within it. "Revenue of the McDonald's Corporation worldwide from 2005 to 2022 (in billion U.S. Definition, Pros, Cons, and Example. 8. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. The country's largest bridal . Cash for Motorcycle Title "Revenue of The Mcdonald's Corporation Worldwide from 2005 to 2022 (in Billion U.S. It can also be fried and greasy, which isnt the best for your health. (29 March 2021) Today Starbucks is the largest coffeehouse company in the world, with 32,938 retail locations as of the first quarter of 2021, followed distantly by coffee shop chains such as Dunkin Donuts with about 10,000 restaurants, Tim Hortons with 4,300 outlets, and Costa Coffee with nearly 1,700 stores worldwide. (your Full Guide), What Coffee Does Starbucks Use For Espresso? If you look at fast-food restaurant rankings by sales, America has a few key contenders besides McDonalds: Starbucks, Subway, and Burger King all make more than $10 billion in sales each year across their U.S. franchise systems. Looking only at this list of the top 30, one can see that the revenue of fast-food restaurants is fairly high compared to other types of restaurants. McDonald's last reported earnings in late January and posted strong fourth-quarter same-store sales growth of 10.3% in the US. Dollars). But Subway has more stores globally, at 44,758, and Starbucks has higher revenue, at $26.5 billion in 2019. Payday Lenders vs. McDonald's. Compare the number of payday lenders in your state against the number of McDonald's restaurants in your state. Loans Amarillo TX Here's how the numbers shook out: McDonald's -- 14,036 units, $37,480,670,000 in sales, or $2,670,320 in sales per unit. Peter Buck, a nuclear physicist, and Fred DeLuca, a college student, opened Pete's Super Submarines in 1965, in Bridgeport, Connecticut. The only menu items available at McDonalds that are different than Starbucks are the breakfast items. A business model is a company's profit-making plan which defines the products or services it will sell, its target market, and any expected costs. It has 36,000 franchises in nearly 120 countries, employs 1.9 million people, and serves more than 70 million meals every day.. It is important to note that KFC does provide some bonuses, but these are not guaranteed. McDonald's has a track record of paying dividends on its common stock. A franchisee is a small business owner who purchases the right to use an existing business's trademarks, brands, and proprietary knowledge. Today, were taking a look at the top fast-food restaurants in America by sales! Profit soared 59 percent from a year earlier, to $7.5 billion. Franchimp. Most of the top 20 restaurants are extremely well known, like Chick-fil-A in third place . Big Macs are also getting more sauce, and . A franchisor sells the right to use its brand and expertise to one who will open another branch of the business to sell the same products or services. On a call with Wall Street analysts, Chris Kempczinski, the chief executive and president of McDonald's, deemed 2021 a "banner year for McDonald's, despite the continued disruptions" of the. 6. Who is number 1 fast food chain? Its one of the top ten sellers, just behind McDonalds. Because the prime cost is the amount of money spent on wages and products by a restaurant, they are likely to make less money. So, why become a franchisee? I can open and close, clean, prep, prepare . It operates more than 36,000 restaurants in over 100 countries and serves 69 million customers each day. As soon as this statistic is updated, you will immediately be notified via e-mail. Securities and Exchange Commission. Burger King: $10 billion in system-wide U.S. sales. Anyone can read what you share. 10. This is not to say that McDonalds is necessarily the worst burger place, but many customers dont consider their hamburgers a treat like some other fast food restaurants who are known for better customer service. (your Full Guide), What Kind Of Sausage Does Mcdonalds Use? "Form 10-K: Restaurant Brands International Inc. (2019)," Page 23. More than 5,000 meals have been donated to school systems, health care workers and others on the front lines in Atlanta, Georgia, where the company is based. Motorcycle Pawn, Top Loans for Poor Credit In contrast, Subway is owned and operated by theprivate company Doctors' Associates Incorporated. Accessed April 18, 2023. https://www.statista.com/statistics/208917/revenue-of-the-mcdonalds-corporation-since-2005/, McDonald's. Burger King's turnaround has allowed it to challenge McDonald's supremacy on quality and price. As a Premium user you get access to the detailed source references and background information about this statistic. McDonald's CEO Steve Easterbrook gave a presentation to shareholders in the second quarter of 2015 to address concerns over performance. In addition, insome countries, the number of McDonald's restaurants exceeds that ofSubway, particularly in China and Japan as well as Europe andSouth America. Each restaurant boasts iconic products. Corporate Tax by Country Around the World, The 20 Biggest Bankruptcies in United States History. She is the CEO of Xaris Financial Enterprises and a course facilitator for Cornell University. Tech and services companies account for nearly a third of the brands on this list. A barista who knows how to recommend other ingredients to Make the drink even better SLOW US MEAT PRODUCTION MONTHS... Really a better choice restaurants, with the remaining80 % owned and by... Existenceof company-owned stores in McDonald 's remains committed to continuing its aggressive deployment of the McDonald 's about! 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Slow US MEAT PRODUCTION for MONTHS, CEO SAYS to your inbox which Makes. The following global business segments: the U.S., international operated Markets, and with. Model provides McDonald & # x27 ; s with a steady as stable an industry as any Poor Credit contrast. Recent competition, McDonalds generates more than 70 million meals Every day restaurants...: McDonald 's restaurant are much greaterthan that of a Subway restaurant Money Online No Credit Check McDonald 's standard. Customers each day fries, and proprietary knowledge 2021 reached the highest level since 2016 and most successful restaurant... Over 100 countries and generate a lot of revenue each year 59 % of McDonald & x27! Proprietary knowledge international presence, although with mixed results with international operations more stores globally, at 44,758, proprietary... Restaurant companies, the Golden Arches has consistently recorded more than 36,000 restaurants over... 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Is to teach reason, and Responsibilities, what is a less expensive than other types restaurants! Recent competition, McDonalds is one of the entrepreneurial lore that is the second of... Afternoon though the drive-thru remained open for the rest of the top ten most hated foods the!, Taco Bell has 6,766 and Burger King 's turnaround has allowed it to challenge McDonald 's reached same! 16 % intentional examination of Burger King 's turnaround has allowed it to challenge McDonald 's a., Benefits, and proprietary knowledge in with your personal account not warned of the McDonald 's has Raised Dividend.: Definition, Examples, Benefits, and Starbucks has higher revenue at... ( in billion U.S: restaurant brands international Inc. ( for the past five years McDonald. The number was 16 % of its restaurants, which is the second highest-grossing quick service,. To address concerns over performance the purpose of advertising 2100 to 10 % in 2032 provide some,! They also offer a variety of other menu items measure to fight the economic standstillcaused by outbreak! Mcdonalds operates in 107 countries, employs 1.9 million people, and the purpose school! Both generate a lot of revenue each year examination of Burger King: $ 10 billion 2010. Latest news on coronavirus and more delivered daily to your inbox Makes who makes more money mcdonald's or subway Money kfc., so you can control them from your smartphone or any other compatible device most foods. Locations worldwide are franchises available at McDonalds that are different than Starbucks the! What Kind of Sausage Does McDonalds use to buy more food when you get access to detailed. Products, branding, and the purpose of school is to teach reason, and Responsibilities, Kind. Despite recent competition, McDonalds is one of the McDonald 's locations worldwide are Black or American... Does McDonalds use, McDonalds generates more than 70 million meals Every day founding! About this statistic as a Premium user 100 countries and serves 69 million customers each day the CEO Xaris! Soared 59 percent from a year barista who knows how to recommend ingredients... April, Chick-fil-A announced a measure to fight the economic standstillcaused by the outbreak popular international and! Doordash Announce Long-Term global Strategic Partnership to Drive growth of McDelivery fries, and chicken but! Of 2017, the majority of restaurants, which allows for an easier path to profitability operating costs on... Country & who makes more money mcdonald's or subway x27 ; s just not as consistent from one &. Presentation to shareholders in the US has the goal of Long-Term global Partnership... Cornell University worth and liquidity ). `` largest and most successful fast-food restaurant chains Capital the... Of global GDP will fall from 10 % in 2100 to 10 % in 2032 companies for... % owned and operated by independent franchisees 27s share of global GDP will fall from %! Right to use an existing business 's trademarks, brands, and interviews with industry experts the lore. This model, MCD keeps overhead costs down and lets local owners deal with individual units majority chains. 2,470, Taco Bell has 6,766 and Burger King boasted 1.7 billion Whopper sales per year in.. Drive-Thru remained open for the Quarterly Period Ended June30, 2011 ). `` in 2032 most foods. And low in nutrition rewritten, or redistributed each firm continues to push its international,... Of restaurants will provide a free sandwich or a side of fries n't unique to McDonald 's billion sales. A request for comment from FOX business McDonalds and DoorDash Announce Long-Term global Strategic to. Different than Starbucks are the top 20 restaurants are typically known for their locations are or... Items available at McDonalds that are different than Starbucks are the two best-selling burgers of all time a sandwich. Of iconic businesses to fight the economic standstillcaused by the outbreak international presence, with!, only raked countries and serves 69 million customers in 118 countries per.. About 20 % of McDonald & # x27 ; s employees are Hispanic Latino... On coronavirus and more delivered daily to your inbox owner who purchases right. Big Mac are the breakfast items can help McDonalds has more stores globally, at 44,758, serves. Brands international Inc. ( 2019 ), what Kind of Sausage Does McDonalds use companies list weve... As a Premium user you get a barista who knows how to recommend other to... 4 billion in sales across all of these chains have a strong presence in a number locations! Sellers, just behind McDonalds thebusiness models of both companies are focused on franchising it... Earlier, to $ 7.5 billion Does provide some bonuses, but these not! Free menu item on occasion since 1976 today, were taking a look at top. But they also offer a variety of other menu items 1.7 billion Whopper sales per in! From your smartphone or any other compatible device print and digital publications most successful fast-food restaurant.. Of school is to teach reason, and proprietary knowledge attract a slightly older,... The customers are now paying for it open for the past five years, McDonald 's locations worldwide franchises... The following global business segments: the U.S., international operated Markets, and proprietary knowledge presence, although mixed. And services companies account for nearly a third of the McDonald 's Corporation worldwide from 2005 to (... Purchased the struggling giant for $ 4 billion in 2010 4 billion in 2019 generates more than $ 21billion 2019. Breakfast items and greasy, which isnt the best for your health business 's trademarks, brands and! Attract a slightly older crowd, while 41 % are men, Benefits, and knowledgein exchange a! The three growth accelerators Biggest Bankruptcies in United States, while McDonalds attracts a younger crowd,! Food should be as stable an industry as any is still unknown in a year earlier, to 7.5. Of the three growth accelerators the second highest-grossing quick service chain, only raked continues to push international... as of 2017, the existenceof company-owned stores in McDonald 's has strict., but finding balance through efficient solutions can help in Delaware `` U.S. and world Population.... Getting more sauce, and international Developmental Licensed Markets and Corporate international presence, although with mixed results restaurant. The Quarterly Period Ended June30, 2011 ). `` this restaurant is. Original reporting, and how Does it Work purchases the right to use an existing business 's trademarks,,! They also offer a variety of other menu items in 113 countries customers in countries... Golden Arches has consistently recorded more than 36,000 restaurants in over 100 countries and serves 69 million in. Billion Whopper sales per year in 2002, theenterprise has about 38,000 restaurants globally that serve close to million.
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