What was the total number of company-owned Burger King outlets at the end of 2023?
Burger_King Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 7,053 | 6,992 | -61 |
| 2023 | 6,992 | 6,640 | -352 | |
| 2024 | 6,640 | 5,524 | -1,116 | |
| Company-Owned | 2022 | 51 | 50 | -1 |
| 2023 | 50 | 138 | +88 | |
| 2024 | 138 | 1,177 | +1,039 | |
| Total Outlets | 2022 | 7,104 | 7,042 | -62 |
| 2023 | 7,042 | 6,778 | -264 | |
| 2024 | 6,778 | 6,701 | -77 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 109–124)
What This Means (2025 FDD)
According to Burger King's 2025 Franchise Disclosure Document, at the end of 2023, there were 138 company-owned Burger King restaurants. This is a net increase of 88 company-owned restaurants from the beginning of the year. At the start of 2023, there were 50 company-owned Burger King locations.
It is important to note the distinction between company-owned and franchised locations. Company-owned restaurants are operated directly by Burger King, while franchised locations are owned and operated by individual franchisees. The number of company-owned stores can indicate Burger King's direct investment and control in certain markets.
The FDD also shows that in 2023, the number of franchised Burger King restaurants decreased by 352, from 6,992 at the start of the year to 6,640 at the end of the year. This information, combined with the increase in company-owned stores, provides a picture of the changing dynamics within the Burger King system. A prospective franchisee should consider these trends when evaluating the overall health and direction of the Burger King brand.