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  • McDonald's is an American hamburger and fast food restaurant chain

McDonald's facts

  • It was founded in 1940 as a barbecue restaurant operated by Richard and Maurice McDonald
  • In 1948, they reorganized their business as a hamburger stand, using production line principles
  • The first McDonald's franchise opened in Phoenix in 1953,and it had the Archs
  • Businessman Ray Kroc joined the company as a franchise agent in 1955 and subsequently purchased the chain from the McDonald brothers
  • Based in Oak Brook, Illinois, McDonald's confirmed plans to move its global headquarters to Chicago by early 2018
  • Today, McDonald's is the world's largest restaurant chain, serving approximately 68 million customers daily in 119 countries across approximately 36,538 outlets
  • McDonald's primarily sells hamburgers, cheeseburgers, chicken products, french fries, wraps, breakfast items, soft drinks, milkshakes, and desserts
  • In response to changing consumer tastes, the company has expanded its menu to include salads, fish, wraps, smoothies and fruit
  • A McDonald's restaurant is operated by either a franchisee, an affiliate, or the corporation itself
  • The McDonald's Corporation revenues come from the rent, royalties, and fees paid by the franchisees, as well as sales in company-operated restaurants

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