McDonald's

McDonald's Corporation is a leading global fast-food chain that operates and franchises restaurants across the world, including the United States, Europe, the Asia-Pacific, the Middle East, Africa, Canada, and Latin America. Founded in 1940 and headquartered in Oak Brook, Illinois, the company has established itself as the largest restaurant owner-operator globally, with system sales of approximately $130 billion in 2023 and nearly 42,000 locations in 115 markets. McDonald's menu features a wide range of food products, including burgers, salads, fish, wraps, and beverages, catering to diverse consumer preferences. The company's business model is largely based on franchising, generating about 60% of its revenue from franchise royalty fees and lease payments, while the remainder comes from sales at company-operated restaurants. The franchise model has been pivotal in expanding McDonald's global presence, allowing independent franchisees and master partners to contribute to its growth.