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Howard Johnson's was the largest restaurant chain in the U.S. throughout the 1960s and 1970s, with more than 1,000 combined company-owned and franchised outlets. [2] Today, the chain is defunct—after dwindling down to one location, the last Howard Johnson's restaurant (in Lake George, New York) closed in 2022 due to the COVID-19 pandemic. [3]
As of October 2024, it operates nearly 2,400 restaurants, making it the largest independent McDonald's franchisee in the world and the largest quick-service restaurant (QSR) chain in Latin America and the Caribbean, [2] serving over 4.3 million customers daily.
The McDonald's Corporation revenues come from the rent, royalties, and fees paid by the franchisees, as well as sales in company-operated restaurants. McDonald's is the world's second-largest private employer with 1.7 million employees (behind Walmart with 2.3 million employees), the majority of whom work in the restaurant's franchises. [20] [21]
The chain started in Springfield, Ohio, in 1967 and in its prime during the '80s, Rax boasted over 500 restaurants in 38 states. The once wildly popular fast-food chain is now rare, with just five ...
Menu Explodes. For years, McDonald’s was known as the place for burgers, fries and shakes. Today, the ever-expanding menu includes hundreds of options with featured favorites including the Big ...
The McDonald’s in Anthony, a town of around 2,000 that sits 53 miles to Wichita’s southwest, also was on the list of stores McDonald’s corporate targeted for Oct. 31 closure.
This is the list of the largest fast-food restaurant chains by their number of locations in the world. ... McDonald's: 41,822 (2023) [2] US$23.2 billion (2021) [3] 3
Restaurateur Ray Kroc opened his first McDonald's franchise on April 15, 1955. ... and by 1958 he owned exclusive franchise rights and 38 restaurants. ... becoming America's top fast-food chain ...