McDonalds vs Other Fast food places

Started by Helios, January 28, 2013, 08:13:32 PM

Previous topic - Next topic
Who do you think makes more money than Mc Donalds a year?
Proud [Freelancer Consortium] Member! [FC]Leader.Helios


Quote from: SirPimped on January 28, 2013, 08:23:39 PM
Just other fast food places, or any business?
Fast food places
Proud [Freelancer Consortium] Member! [FC]Leader.Helios

I don't think there is another fast food buisness that is as globalized as Mcdonalds. Wait, why didn't you just Google this?  :dry:

Quote from: Kit Fisto on January 28, 2013, 08:34:02 PM
I don't think there is another fast food buisness that is as globalized as Mcdonalds. Wait, why didn't you just Google this?  :dry:

While I disagree with your reasoning, I believe you reach the correct result.  McDonalds is a firm whose international operations are so extensive that a proxy for measuring purchasing power parity bears the name of one of its products.

January 28, 2013, 08:40:37 PM #5 Last Edit: January 28, 2013, 08:43:00 PM by Joseph
Quote from: Kit Fisto on January 28, 2013, 08:34:02 PM
Wait, why didn't you just Google this?

According to this website,
http://www.qsrmagazine.com/reports/2011-qsr-50

it goes McDonalds, Subway, Burger King - regardless of what denizens of this forum think.

McDonald's is on top of the fast food industry, financially speaking.

January 28, 2013, 08:58:35 PM #7 Last Edit: January 28, 2013, 09:00:39 PM by BlackScorpion
Quote from: Joseph on January 28, 2013, 08:40:37 PM
According to this website,
http://www.qsrmagazine.com/reports/2011-qsr-50

it goes McDonalds, Subway, Burger King - regardless of what denizens of this forum think.

Right, but that's just one measure of sales and is, by no means, the only one.  (Full disclosure: I think it's the best means of measuring in this context.)  My previous statement notwithstanding, I, to play Devil's Advocate, contend that that while sales revenue is a measure of size it is inapposite.  Why?  Why is total sales flawed?  The answer boils down to very rarely does McDonalds Co. or Doctor's Associates, respectively the central entities of the various McDonalds and Subway restaurants, sell hamburgers.  The most valuable commodity sold by McDonalds Co. is not even edible; instead, McDonalds Co. draws revenue from franchising.  And there are more franchises of Subway than there are of McDonalds.

http://www.entrepreneur.com/franchises/subway/282839-0.html
http://www.entrepreneur.com/franchises/mcdonalds/282570-0.html

(This post is more trolling than a legitimate argument, though: I think that total sales revenue is the more appropriate figure for general statements.)

I'll take a sub over a burger almost any day
subway ftw :cheer:

Quote from: BlackScorpion on January 28, 2013, 08:58:35 PM
Right, but that's just one measure of sales and is, by no means, the only one.  (Full disclosure: I think it's the best means of measuring in this context.)  My previous statement notwithstanding, I, to play Devil's Advocate, contend that that while sales revenue is a measure of size it is inapposite.  Why?  Why is total sales flawed?  The answer boils down to very rarely does McDonalds Co. or Doctor's Associates, respectively the central entities of the various McDonalds and Subway restaurants, sell hamburgers.  The most valuable commodity sold by McDonalds Co. is not even edible; instead, McDonalds Co. draws revenue from franchising.  And there are more franchises of Subway than there are of McDonalds.

http://www.entrepreneur.com/franchises/subway/282839-0.html
http://www.entrepreneur.com/franchises/mcdonalds/282570-0.html

(This post is more trolling than a legitimate argument, though: I think that total sales revenue is the more appropriate figure for general statements.)
McDonald's franchised revenues make up about 32% of its total revenue.

I believe Subway is a privately owned company, so their financial statements are not publicly available.

Quote from: SirPimped on January 28, 2013, 09:20:47 PM
McDonald's franchised revenues make up about 32% of its total revenue.

I believe Subway is a privately owned company, so their financial statements are not publicly available.

Interesting.  Where's the other 68% coming from?  It can't be from stores operated by McDonalds Co.: there just aren't enough to account for 1 billion (if I did my math correctly) dollars of sales revenue.


January 28, 2013, 09:46:19 PM #12 Last Edit: January 28, 2013, 09:48:22 PM by Joseph
I don't disagree with the subtleties you raise BS, but I think my link answers the question raised in the OP

Edit - NVM, I see what you are saying now. I lack the scruples to comment further.

Quote from: BlackScorpion on January 28, 2013, 08:58:35 PM
(This post is more trolling than a legitimate argument, though: I think that total sales revenue is the more appropriate figure for general statements.)

Hey, that's Joseph's job around here!

;)
Quote from: Abraham Lincoln. on November 04, 1971, 12:34:40 PM
Don't believe everything you read on the internet

Well this is pointless :P
But I'm pretty sure, that Mc D's is doing far well better than most other fast food organizations in the global perspective, it is like the fast food versions of COKE brand, which is known virtually all over the world.