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1959: Burger King establishes its franchising system. [4] 1967: Burger King ceases to be an independent entity when the Pillsbury Company purchases it for US$18 million ($128.3 million adjusted for inflation, 2014). [4] [93] 1977: Donald N. Smith is brought in from rival McDonald's to help restructure the company and its franchising system. [1] [4]
When 3G Capital purchased Burger King in January 2011, the company moved to resolve all disputes with its franchises. By April, Burger King and the franchises agreed to a non-monetary settlement where the franchise were allowed to reprice the Buck Double to $1.29 US$ as well as giving them more power in future in determining the makeup of the ...
In its EMEA group, Burger King's Switzerland-based subsidiary Burger King Europe GmbH is responsible for the licensing and development of BK franchises in those regions. [8] In the APAC region, the Singapore-based BK AsiaPac, Pte. Ltd. business unit handles franchising for East Asia, the Asian subcontinent and all Oceanic territories.
Burger King Corporation (BK, stylized in all caps) is an American multinational chain of hamburger fast food restaurants.Headquartered in Miami-Dade County, Florida, the company was founded in 1953 as Insta-Burger King, a Jacksonville, Florida–based restaurant chain.
Nordic Service Partners (NSP) is the largest franchisee of Burger King in the Nordic countries as well as being a franchisee of KFC in Sweden and TGI Fridays in Denmark. The company is today one of Sweden's largest restaurant companies specialising in fast food restaurants .
Carrols Restaurant Group, Inc. is an American franchisee company and is the largest Burger King franchisee in the world; Carrols owns and operates over 1,000+ Burger Kings, and 55 Popeyes restaurants. The company has operated Burger Kings since 1976 in locations across 23 U.S. states. [4]
The Burger King Corporation was acquired by the Pillsbury Company in 1967, and during the 1970s, it began to expand outside the United States, principally in South America and Europe. Burger King's core product has long been the Whopper, which was created in 1957 by founder James McLamore and initially sold for 37 cents. [66]
The Burger King Specialty Sandwiches are a line of sandwiches developed by the international fast-food restaurant chain Burger King in 1978 and introduced in 1979 as part of a new product line designed to expand Burger King's menu with more sophisticated, adult oriented fare beyond hamburgers. Additionally, the new line was intended to ...