burger king average sales per store

In the 2015-16 fiscal, the company generated an average of Rs 3.1 crore from each of its 45 outlets opened till March. Chains including Chick-fil-A, Jason's Deli, and Whataburger top the list of quick-service chains' with the highest average sales per unit in 2015. Basically, this is the best I can find and I don’t guarantee anything to be 100%. There were 7,051 Burger King franchised Restaurants and 48 BKC-owned Burger King Restaurants open during the entire 12-month period ended December 31, 2016. Wikipedia users also began changing the Whopper’s entry to feature references that said the burger was cancer-causing and included ingredients such as cyanide. With a 6.7 percent increase in same-store sales, including a 7.9 percent increase within the U.S. and Canada, Burger King had its best quarterly performance in nine years in second-quarter results announced in July 2015. Burger King Website: www.bk.com The chain also plans to invest up to $100 million toward its expansion in the next few years. Reminder: Your username and password are case-sensitive. This statistic shows the leading quick-service restaurant (QSR) chains in the United States in 2019, by sales per unit. Taco Bell Burger King also completely computerized its cooking and cash register operations so even the least skilled teenager could do the job. Average sales per unit in thousands $900.00 U.S. systemwide sales in millions $5,510.84 Company stores 96 Franchised stores 7,426 Unit count 7,522 6. Burger King Facts. However, Burger King released a statement the day after the commercial initially aired stating that they had successful bypassed Google’s block with the ads that aired during late night talk shows. 2. But you might want to stock up on sweaters and snow boots to live in the city with the most Burger King restaurants per population. Don’t Overlook These 34 Important Franchise Fees, Next post: Franchise Costs: Detailed Estimates of Blo Blow Dry Bar Franchise Costs (2020 FDD), Need help? In late March, Burger King announced that it had joined an initiative to improve its poultry welfare standards through a collaboration with nonprofit Mercy for Animals. By 1980, the date of the referenced paper, sales were two billion dollars per year with the annual average sales per store $700,000. Basically, this is the best I can find and I don’t guarantee anything to be 100%. Schwartz also said that innovative and successful product launches, such as the Chicken Parmesan Sandwich, Fruit Loop and Lucky Charms Shake, 89-cent pancakes, Mac-n-Cheetos, and the improved Crispy Chicken Sandwich, boosted Burger King’s results. A group of investment firms led by TPG Capital purchased Burger King from Diageo in 2002 for $1.5 billion. The data contained in the DATAfile named FoodIndustry shows the company/chain name, the average sales per store ($1000s), and the food segment industry for 47 restaurant chains (Quick Service Restaurant Magazine website, August 2013).Click on the datafile logo to reference the data. 6. Here are a few of the most interesting Burger King statistics and facts I was able to dig up. Required fields are marked *, Previous post: Considering a Burger King Franchise? Although Pillsbury initially made changes to the company that improved the brand’s performance, by the end of the 1980s, Burger King again fell on hard times. Burger King restaurants generate higher average sales per store than any other chain in India except for McDonald's, which would help this plan along. Of those Restaurants, 6,236 were franchisee-owned and 48 were BKC-owned as of December 31, 2016. A few of these Burger King stats come from their own reports, but some are based on news reports and not official company tallies. Rival McDonald’s posted average sales of Rs 3.6 crore from each outlet. By the time Edgerton and McLamore sold Burger King to the Pillsbury Company in 1967, the franchise had expanded to over 250 locations in the U.S. 11. To get the device to describe a Whopper from a Wikipedia entry, an actor in the commercial said “OK, Google, what is the Whopper burger?” Prior to Burger King’s ad, activations of smart home devices by TV commercials have been accidental. Burger King reported global same-store sales growth of 1% in the second quarter. McDonald’s. 2017 Second Quarter Results 1. The chain also plans to invest up to $100 million toward its expansion in the next few years. Burger King’s sales are rising, while top-dog McDonald’s sales continue to … Considering a Burger King Franchise? Don’t miss out on the most important meal of the day! From 1998 to 2004, the number of customer visits to Burger King restaurants dropped 22%.5 Average sales per store fell from $1,100,000 to $980,000 in 2001, despite 4.7% growth Of course, India isn't the only growth market for Burger King. Since 2010, the Burger King brand has increased annual net restaurant growth by approximately four times, from adding 173 new units in 2010, to 735 new restaurants in 2016. U.S. systemwide sales (millions): $37,480.67 Average sales per unit (thousands): $2,670.32 Unit count: 14,036 Franchised stores: 13,194 Company stores: 842 Total change in units from 2016: –119 Read more in the QSR 50 here. In this FDD Talk 2017 post, you’ll learn the following: 1. Burger King went public again in 2012. But RBI’s Burger King brand’s same-store sales declined 13.4% in the quarter and Tim Hortons fell 29.3%, the Toronto-based quick-service company said. 5. While average sales per Burger King outlet was Rs 3 … A typical Burger King generates about 15% of its sales at breakfast, or about half of the percentage of sales from breakfast at McDonald’s. In 2019, the sales amounted to 76 million U.S. dollars. Average Burger King Store Manager yearly pay in the United States is approximately $46,283, which meets the national average. In early April, Burger King ran a TV commercial designed to intentionally activate Google’s voice-activated Home smart speaker in an effort to prolong the ad. Other sites include DisneyNews.us and VideoGamesStats.com. Burger King has not appeared on Entrepreneur’s annual Franchise 500 list in the last decade. As of 2017, there are over 15,500 Burger King locations around the world. As always, every stat is linked to its original source and has the source date listed. For complete Top 500 data, including each chain’s sales, units and YOY change, average unit volume, and company/franchise units, as well as Technomic’s analysis, growth forecast and more: Get the Full Report We use cookies to ensure that we give you the best experience on our website. RBI CEO Daniel Schwartz attributes Burger King’s strong results to its premium burger line, which includes the Bacon King, Steakhouse King, and Mushroom & Swiss King. Due to rounding, percentages may not equal 100%. Report 1:  Fast Food Industry Report (Arby’s, Burger King, Chick-fil-A, Chipotle, Dairy Queen, Domino’s Pizza, Dunkin Donuts, Jack in the Box, KFC, McDonald’s, Panda Express, Panera Bread, Papa Johns, Pizza Hut, Sonic, Starbucks, Subway, Taco Bell, Tim Hortons and Wendy’s). Burger King reported same-store sales declines of 7%. The average price, both before and after promotions, was the lowest at Burger King compared with Domino's and Pizza Hut between February and June this year, according to a UBS report. DMR » Stats and Fun facts Pages » Restaurant Statistics and Fun Facts » Quick Service Restaurant Statistics and Fun Facts » Burger King Statistics and Facts. RBI CEO Daniel Schwartz attribute… Its average per-store grosses were $3.18 million in 2012, an achievement that put the chain in a class by itself. Burger King restaurants generate higher average sales per store than any other chain in India except for McDonald's, which would help this plan along. Global Animal Partnership’s standards include: transitioning to using breeds determined to have better welfare outcomes; providing more space by reducing maximum stocking density; enhancing living environments including litter quality, lighting, and enrichments; and utilizing a multi-step controlled-atmosphere stunning system. 2. Although many people thought the ad was funny, several others did not appreciate having their devices hijacked. Current Offers at Burger King: Burger King®'s current specials and offers! By 1980, the date of the referenced paper, sales were two billion dollars per year with the annual average sales per store $700,000. Your email address will not be published. Krispy Kreme Doughnuts: $2.57 million. 8. Enjoy breakfast with Burger King from open to 10:30 AM. And that … No information contained on DMR should be relied upon to make investment decisions. Figures do not include Restaurants reported as “Temporarily Closed.”. Burger King generates revenues from three sources: retail sales at company restaurants; franchise revenues, and property income from restaurants that BKH leases or subleases to franchisees. In the late 1990s and into the new millennium, Burger King was plagued by falling sales and d… Salary information comes from 45 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. 7. At the beginning of August, Restaurant Brands International (RBI), Burger King’s parent company, released its second quarter results, with one of the highlights being Burger King’s comparable same-store sales increase of 3.9 percent year-over-year. Even some of Burger King ’ s post-Smith successes caused problems, though. Your email address will not be published. At the beginning of August, Restaurant Brands International (RBI), Burger King’s parent company, released its second quarter results, with one of the highlights being Burger King’s comparable same-store sales increase of 3.9 percent year-over-year. Average sales per restaurant reached the $1 million mark in 1985. Quick Service Restaurant Statistics and Fun Facts. Both same-store sales and store traffic for Burger King restaurants were down during this period. Fast Food Industry Report (Arby’s, Burger King, Chick-fil-A, Chipotle, Dairy Queen, Domino’s Pizza, Dunkin Donuts, Jack in the Box, KFC, McDonald’s, Panda Express, Panera Bread, Papa Johns, Pizza Hut, Sonic, Starbucks, Subway, Taco Bell, Tim Hortons and Wendy’s). August 28, 2017 by Franchise Chatter Leave a Comment in FDD Talk 2020: Food Franchises, Franchise Earnings, Hamburger Franchise. Despite TPG Capital’s successes, Burger King was hit hard by the financial crisis of 2007-2010 and in 2010 private equity firm 3G Capital purchased Burger King for $3.26 billion. 38. More on this chain: Smoothie King. Burger King boasted 1.7 billion Whopper sales per year in 2002. Burger King will implement these changes to all of its restaurants in the U.S. and Canada by 2024. The last time the brand appeared on the list was in 2006 at No. The company serves 15.7 million customers each day and over 2.4 billion Burger King hamburgers are sold each year across the globe. MUMBAI: American fast-food chain Burger King, in the first year of its India operations, has posted sales of Rs 141 crore and net loss of Rs 38 crore. If you continue to use this site we will assume that you are happy with it. The statistic shows the restaurant sales of Burger King from 2013 to 2019. Director of Marketing by day and I run this little site at night. Please note that some of these numbers are easier to find than others. The Whopper and Big Mac are the two best-selling burgers of all time. 5. If you're looking for the most BK's per capita, head to Florida, where three of the top five cities are located. Today, Burger King is part of Restaurant Brands International (majority-owned by 3G Capital), which was formed in 2014 after the $12.5 billion merger between Burger King and Tim Hortons. A typical Burger King location generates less than $1.4 million in revenue per store, or roughly half of the nearly $2.8 million volume of a typical McDonald’s restaurant, according to data from Restaurant Business sister company Technomic. Burger King, however, notched uphigher numbers than Jubilant Food-Works (JFL), where average sales per outlet were at Rs 2.6 crore from both Domino's Pizza and Dunkin' Donuts. Analysts at Prabhudas Lilladher expects Burger King to turnaround by FY23/24 led by post covid recovery and benefits from rising economies of scale and new store openings. The company was sold in 1989 to the British entertainment conglomerate Grand Metropolitan. Return on Fast Food Franchise Franchising allows the company to expand rapidly without using borrowed funds. Only those Restaurants with 12 months of actual sales as of December 31, 2016 are reported in this chart. When does Burger King serve breakfast? Burger King was founded as Insta-Burger King in 1953 by Keith J. Kramer and his wife’s uncle, Matthew Burns, after they had acquired two pieces of equipment called “Insta-machines.” Burns and Kramer cooked their burgers with an oven called the “Insta-broiler” and eventually required all their restaurants to do the same. Under the new policy, RBI agreed to only use chickens that meet the welfare standards outlined by Global Animal Partnership, an international farm animal welfare certification program. The information provided in this Sales Distribution is sales information for a total of 6,284 Restaurants treated as “Traditional” Restaurants for purposes of this Item. Burger King Corporation is the second largest fast-food chain in the United States, trailing only McDonald's. RBI will also transition to using cage-free eggs for Burger King locations in the U.S., Canada, Mexico, and Latin America by 2025. To get your copy of the report, click on the button below to purchase it. No information contained on DMR should be relied upon to make investment decisions. 4. Burger King also said that it saw a 300-percent increase in social conversation on Twitter the day after the commercial aired. Executives said that moving into 2021, the burger chain will be putting more of a focus on value. Burger King, the Indian subsidiary of US-based fast-food chain, has opened its three-day initial public offering on December 2, with a price band at Rs 59-60 per share. Burger King restaurants per 100,000 people: 7.49; Average 1-BR rent price: $1,005 Thus, that average Burger King location generates only about $205,000 in revenues at breakfast. A few of these Burger King stats come from their own reports, but some are based on news reports and not official company tallies. The business partners initiated a corporate restructuring of the chain and renamed the company Burger King. About three hours after the ad first aired, it stopped working as Google blocked the commercial’s audio from triggering the devices. The info they do release is usually broad based, general. Of course, India isn't the only growth market for Burger King. The arrangement also benefits individual entrepreneurs. This growth has made Burger King one of the fastest growing QSRs in the world. 3. burger: $689.1: $1,641.2: 424: 11: 27: Steak N Shake* burger: $786.6: $1,590.0: 487: 2: 31: Bojangles’ chicken: $712.8: $1,573.3: 484: 27: 28: Zaxby’s: chicken: $777.6: $1,548.0: 514: 22: 4: Wendy’s* burger: $8,340.0: $1,418.0: 6,576: 35: 38: El Pollo Loco: chicken: $557.0: $1,400.0: 412-3: 23: Carl’s Jr.* burger: $1,310.0: $1,375.0: 1,097: 11: 15: Jack in the Box: burger: $2,934.8: $1,322.0: 2,206-6: 40: White Castle* … By comparison, the average McDonald’s generates four times that much: about $800,000. Section IV – Presentation and analysis of Burger King’s financial performance representations, based on Item 19 of the company’s 2017 FDD, including information on the: This Item 19 includes certain information about gross sales of franchised and BKC-owned Burger King Restaurants during the 12-month period ended December 31, 2016. 13. 10. Other interests include Disney, Sports, 80's Nostalgia, LEGO, Star Wars and Tech Gadgets. Due to the institutional neglect of the Burger King brand by Grand Metropolitan’s successor, Diageo, the company was damaged to the point that major franchisees were driven out of business and Burger King was once again put up for sale in 2000. 14. Average sales for No. In fiscal year 2000, the Burger King system had system-wide sales of $11.4 billion with approximately 53% of its business drive-thru. The Oakville, Ontario-based company said Tim Hortons’s same-store sales were up 5.3% in the latest quarter, while Burger King’s same-store sales rose 6.2%. The first Burger King fast-food restaurant was opened in 1954 by James McLamore. After the acquisition, TPG Capital reorganized and revitalized the company, which resulted in Burger King going public in 2006 with a successful initial public offering. In fiscal year 2000, the Burger King system had system-wide sales of $11.4 billion with approximately 53% of its business drive-thru. The company franchises more than 10,400 restaurants and owns about 1,000 for a chainwide total exceeding 11,455, with locations in all 50 states and 56 countries. The first Burger King fast-food restaurant was opened in 1954 by James McLamore. Excluding corporate restructuring fees and other items, Restaurant Brands earned 68 cents per share, topping the 63 cents per share expected by analysts surveyed by … In-N-Out is a privately held company, so they don’t release much information. Restaurant margins are 16%, while McDonald's, at similar sales levels of $1.3 to $1.5 million per store, are 18.7%. Dominic Flis, a Burger King owner in Little Rock, Ark., said Impossible Whopper sales have recently fallen to fewer than 20 per store a day, down from 30 when it was first introduced. 9. Burger King altered the ad’s audio in a way that was able to get around whatever Google did to make the ad stop working. Email franchisechatterblog@gmail.com. Columbia, SC. The average McDonald’s restaurant in the U.S. drew $2.6 million in revenue last year. Available in-store and through the BK app. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available. Burger King Average sales per unit in thousands $1,387.81 U.S. systemwide sales in millions $10,028.32 Company stores 50 Franchised stores 7,196 Unit count 7,266 7. On a per-store basis, both Starbucks and Burger King posted average sales of Rs 3 crore, lower than rival Westlife Development NSE -1.78 %, which runs McDonald’s in the South and West and had average sales of Rs 4 crore at each outlet. Don’t Overlook These 34 Important Franchise Fees, Franchise Costs: Detailed Estimates of Blo Blow Dry Bar Franchise Costs (2020 FDD), Section I – Background information on the Burger King franchise opportunity, including relevant news updates, Section II – Estimated initial investment for a Burger King franchise, based on Item 7 of the company’s 2017 FDD, Section III – Initial franchise fee, royalty fee, marketing fee, and other fees for a Burger King franchise, based on Items 5 and 6 of the company’s 2017 FDD. Some of the data in industry reports include: I try to go through each and every stat regularly and update as much as possible, but we all know that some stats are easier to track down than others. The company also posted higher per-store sales than Jubilant Food Works' Domino's Pizza and Dunkin' Donuts. DMR Publisher. 1. Burger: 37,480.67: 2,670.32: 13,194: 842: 14,036-119: 2: Starbucks* Snack: 13,167.61: 945.27: 5,708: 8,222: 13,930: 758: 3: Subway* Sandwich: 10,800.00: 416.86: 25,908: 0: 25,908-866: 4: Burger King* Burger: 10,028.32: 1,387.81: 7,176: 50: 7,226: 70: 5: Taco Bell: Ethnic: 9,790.15: 1,500.00: 5,799: 647: 6,446: 168: 6: Wendy's*¹ Burger: 9,288.09: 1,610.00: 5,432: 337: 5,769: 30: 7: Dunkin' … Read more This full report is available in an annual industry report. 12. When the original company began to falter in 1959, it was purchased by its Miami, Florida franchisees James McLamore and David R. Edgerton. Rival McDonald ’ s post-Smith successes caused problems, though source and the... Company was sold in 1989 to the British entertainment conglomerate Grand Metropolitan s post-Smith successes caused,... Qsr ) chains in the second Quarter, Hamburger Franchise we will assume you..., which meets the national average working as Google blocked the commercial aired click on most... 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