biggest restaurant chain in the world
These are the 10 biggest restaurant companies by 12-month trailing revenue. It is also listed at #1 in the ‘fastest growing franchise’ list by Entrepreneur magazine, as well as being ranked as … Actively scan device characteristics for identification. Even though he was not a colonel, “Colonel Sanders” became his nickname under which he became known the world over. Source: Technomic Top 500 Chain Restaurant Report; *Technomic estimate. Papa John’s is the fourth biggest Pizza restaurant chain in the US. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are as essential for the working of basic functionalities of the website. Today, there are now around 29,900 Starbucks spots worldwide. This can lower or even outweigh potential returns. The company is the world’s second-largest restaurant chain after McDonald’s with almost 20,404 locations globally. There are now 22,600 KFC locations worldwide. It was established by the merger of Burger King and Canadian coffee chain Tim Hortons in 2014, valued at $12.5 billion. Chiming in the second position is burger giant McDonald, trailing Subway by nearly 1000 fewer locations in the world. Known the world over for their signature burgers and fries, many people don't know the fast-food leader started out as a hot dog stand. It operates thousands of restaurant locations across mainland China. While 2016 was a rough year for chain restaurants, more than half of the industry’s $521.9 billion still comes from the Top 500 chains—and nearly 94% of those dollars and 93% of those units are represented in the Top 250. The idea of chain restaurants is widely credited to Harland Sanders, more famously known as "Colonel Sanders." Yum! DuPont analysis is a useful technique used to decompose the different drivers of return on equity (ROE). Since 2010, the sandwich shop is now the largest restaurant chain in the world by number of locations, overtaking McDonald’s. In many cases, the world's top restaurant companies by market capitalization are holding companies that control a variety of subsidiary chains. The majority of the company's locations are franchised by 2,000 partners. We'll assume you accept this, but you can opt-out if you wish. Accessed August 4, 2020. Create a personalised ads profile. A Restaurant Chain is any restaurant with a “headquarters” (usually in another state). The company is now headquartered in Chicago, Illinois. Necessary cookies are absolutely essential for the website to function properly. Investopedia requires writers to use primary sources to support their work. These cookies do not store any personal information. Circle (Financial Services Company) Definition, Explaining Spinouts: Chipotle and Old Navy, How to Use the DuPont Analysis to Assess a Company's ROE, #7 Restaurant Brands International, Inc. (QSR). But the American fast food companies are anything but exclusively active on the American market these days. Followings are 10 biggest fast food chains over the world. By doing so, Starbucks revolutionized the entire coffee business and drinking culture. This list is limited to companies which are publicly traded in the U.S. or Canada, either directly or through ADRs. It is another subsidiary of ‘Yum! Despite the discretionary nature of restaurant spending, some companies have positioned themselves to weather economic cycles by maintaining consistent, profitable growth over the long term. Save my name, email, and website in this browser for the next time I comment. McDonald's. This global chain of hamburger service has 13000 restaurants in 79 countries across the world. As of this date, McDonald has over 3,50,00 stores in more than 118 countries worldwide. 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. They have expanded into almost every corner of the world at this point and made fast food a popular eating concept. Top 10 Largest Fast Food Chains in The World 10 Papa John’s Pizza. Largest fast food chains in the world 10. In 1948, businessman Ray Kroc joined the company and it was under his guidance when McDonald’s evolved from a local California hamburger chain into an innovative global fast food mega brand. ~ 17,800 locations worldwideFirst opened: 1953Headquarters: Miami, Florida, USAMain product: HamburgersOwner: Restaurant Brands International, Inc. ~ 16,300 locations worldwideFirst opened: 1960Headquarters: Ann Arbor, Michigan, USAMain product: PizzaOwner: Domino’s Pizza, Inc. ~ 11,800 locations worldwideFirst opened: 1950Headquarters: Canton, Massachusetts, USAMain product: DonutsOwner: Dunkin’ Brands, Inc. ~ 8,100 locations worldwideFirst opened: 1945Headquarters: Canton, Massachusetts, USAMain product: Ice creamOwner: Dunkin’ Brands, Inc. ~ 7,500 locations worldwideFirst opened: 1991Headquarters: Nashville, Tennessee, USAMain product: PizzaOwner: Pizza Wholesale of Lexington, Inc. The original name of the restaurant was “Pete’s Super Submarines”, but it was renamed into Subway in 1968. 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