
McDonald's
McDonald's Overview
Industry
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About McDonald's
McDonald's Corporation is a global leader in the fast food industry, serving over 68 million customers daily through more than 41,800 locations worldwide. Known for its quick-service hamburgers, fries, and breakfast items, McDonald's has become a defining brand in American and international dining.
Founded on May 15, 1940, McDonald's has evolved into one of the largest and most recognizable restaurant chains globally. While headquartered in Chicago, Illinois, the company has a significant presence in Miami and other major cities across the United States.
Company Facts
- Founded: May 15, 1940
- Headquarters: Chicago, Illinois, USA
- Global Locations: 41,822 restaurants worldwide
- US Locations: 10,400 restaurants
- Daily Customers: 68 million globally
- Employees: 150,000 worldwide
- Annual Revenue: $25.49 billion (2023)
Business Model and Operations of McDonald's
McDonald's operates primarily via a franchise business model, with approximately 93% of its restaurants owned and managed by independent franchisees.
The company also generates substantial revenue from its real estate holdings, owning much of the land and buildings used by its franchises, which provides a stable income source beyond food sales.
This dual approach enables McDonald's to expand rapidly while ensuring standardized operational quality across its extensive network.
Menu & Popular Products
McDonald's is renowned for its iconic menu items such as the Big Mac and Quarter Pounder with Cheese, staples that have become synonymous with the brand.
The menu also features Chicken McNuggets, French Fries, the popular Egg McMuffin breakfast sandwich, and indulgent desserts like the McFlurry. Additionally, McCafé offers a variety of coffee selections.
This diverse menu caters to a wide range of tastes and preferences, supporting McDonald's broad appeal.
Market Position and Competition
As a dominant player in the global fast-food sector, McDonald's faces competition from chains such as Burger King, Wendy's, and KFC.
The company maintains its market leadership through emphasis on affordability, convenience, and continuous menu innovation, allowing it to adapt to evolving consumer trends and stay ahead in the competitive landscape.
Global Presence and Expansion
With operations in over 120 countries, McDonald's boasts one of the most extensive international footprints in the foodservice industry.
Its ongoing expansion efforts include reintroducing value meals and new menu items designed to attract budget-conscious customers, demonstrating a commitment to both growth and adaptation to diverse markets.
Contact Information
Corporate Headquarters:
110 N. Carpenter Street,
Chicago, IL 60607, USA
Phone: +1 630-623-3000
Customer Service: 1-800-244-6227
Website: www.mcdonalds.com
Careers: careers.mcdonalds.com