InvestorQ : Could you give a brief outline of the Burger king company’s business?
Tanya Mehta made post
IPO

Could you give a brief outline of the Burger king company’s business?

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Anjali Desai answered.
7 months ago
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Burger King was the fastest growing international QSR chain in India during the first five years of their operations, based on the number of restaurants. Their master franchisee arrangement provides them with the ability to use Burger King’s globally recognized brand name to grow its business in India.
The Burger King brand is the second-largest fast-food burger brand globally as measured by the total number of restaurants, with a global network of over 18,000 restaurants in more than 100 countries and US territories, as of June 30, 2019. As of September 2020, the company has 261 restaurants, including eight sub-franchised Burger King Restaurants across 17 states and union territories and 57 cities across India, as per the addendum.
The company's revenue increased from Rs230cr in FY17 to Rs633cr in FY19. On the other hand, the company has reduced its losses from Rs72cr to Rs38crore from FY17 to FY19.
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