Surely you know at least one fast food restaurant in your close neighborhood, but do you know which are the largest fast food companies in the world? Insider Monkey put up this question, and they look after it. Actually, although the term “fast food’ was firstly mentioned in 1951, the first fast food restarants opened in the 1860s in the United Kingdom, where fish and chips were served. The worth of global food industry is about $650 billion.
Why did fast food restaurants gain such large popularity in such a short period? Well, at first the answer is in their names. They create and serve fast meals, people in this rushing world, don’t need to wait long in order to have lunch and dinner. Nowadays people spend less and less time with cooking and it’s the simpliest way to go into a fast food restaurant. The other reason is that these restaurants are cheap, and large number pf people all over the world can’t afford better meals – but telling you the truth, I do believe nothing is cheaper than cook your meals at home.
Now, let’s leave the chit chat and see you what you’ve really come here for. We have picked up two fast food restaurants from Insider Monkey’s list. On the fourt spot of the compilation we can find Restaurant Brands International (NYSE:QSR). The name Restaurant Brands International, may not be very familiar, but if we say Burger Kings, or Tim Hortons, you will surely know what we are speaking about. Actually, the company owns almost 26,000 locations all over the world. Now let’s see its numbers:
Total market cap of the company (in billions of dollars): 21.7
Total revenue of the company (in billions of dollars): 5.6
Total assets of the company (in billions of dollars): 22.4
Total operating income of the company (in millions of dollars): 1,100
The second spot is given to the worldwide famous and popular Starbucks (NASDAQ:SBUX). It owns more than 30,000 locations, in over 70 countries all over the world. For more restaurants and the top one, please jump to the largest fast food companies in the world.
Total market cap of the company (in billions of dollars): 115.4
Total revenue of the company (in billions of dollars): 26.7
Total assets of the company (in billions of dollars): 27.5
Total operating income of the company (in millions of dollars): 3,400
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