Franchise news

14.08.2007

McDonald's sells its branches in Latin America

The franchise giant McDonald's sold 1,600 of its branches in Latin America and the Caribbean in April. According to a report on "Spiegel online", this has led to the fast-food chain slipping into the red.

Despite this, however, the company is intending to keep to its long-term strategy of running fewer then 30 percent of its restaurants itself worldwide. Furthermore, this transaction should make it possible for the company to concentrate on markets such as China where it believes there is the greatest potential for growth. According to the report, the company made a net loss of 711.7 million dollars during the second quarter of this year. A year ago it had made profits amounting to 834.1 million dollars.


McDonald's (USA)

fast-food restaurants
» to the franchisor


All news

29.04.2011 » 

McDonald’s franchise celebrates 50 years of training and developing employees at Hamburger University

06.03.2011 » 

McDonald’s franchisee named IFA chairman

01.03.2011 » 

McDonald’s Latin American franchisee planning to move onto the stock exchange

12.05.2009 » 

McDonald’s franchise: growth in profits despite fall in sales

20.10.2008 » 

McDonald's looking to step up its expansion in East Europe

06.05.2008 » 

International franchising: 800 applications for the first McDonald's in Kosovo

14.08.2007 » 

McDonald's sells its branches in Latin America

04.08.2007 » 

McDonald's: no immediate plans to start franchising in China

19.01.2007 » 

McDonald's switches to eco-friendly coffee

Brand Search

Franchise Directory
Business Services Franchises
Cars & Automotives Franchises
Clothes & Fashion Franchises
Food Franchises
Furniture & Decoration Franchises
Health, Sport & Beauty Franchises
Leisure, Culture & Travel Franchises
Office Technology, Telecommunication & Computer Franchises
Personal Services Franchise
Restaurants & Hotels Franchises
Services for Home and Building Franchise
Miscellaneous Franchises