What was the total depreciation and amortization expense on property and equipment for Burger King in 2023?

According to Burger King's 2025 Franchise Disclosure Document, the total depreciation and amortization expense on property and equipment was $137 million in 2023. This figure reflects the expense recognized by Burger King for the wear and tear and usage of its physical assets, such as buildings, restaurant equipment, and furniture, over that year. Depreciation applies to tangible assets, while amortization applies to intangible assets. These expenses are accounting measures that allocate the cost of these assets over their useful lives.

For a prospective Burger King franchisee, understanding these figures provides insight into the capital intensity and asset management practices of the company. While franchisees typically manage the depreciation and amortization of their own assets, this consolidated figure gives an overview of the scale of Burger King's investments in its infrastructure and equipment. It also indicates the level of ongoing expense required to maintain and replace these assets over time.

It's important to note that these figures represent the total for Burger King as a company and not the expenses that an individual franchisee would incur. A franchisee's depreciation and amortization expenses would depend on their specific investments in property and equipment for their restaurant location. However, the information provides a general understanding of how Burger King manages its assets at the corporate level.