Burger King opened the first restaurant in November 2014 and is one of the fastest- growing international QSR chains in India, during the first five years of the operations based on a number of restaurants. As the national master franchisee of the BURGER KING brand in India, have exclusive rights to develop, establish, operate, and franchise Burger King branded restaurants in India.
The master franchisee arrangement provides the ability to use Burger King’s globally recognized brand name to grow our business in India while leveraging the technical, marketing, and operational expertise associated with the global Burger King brand.
The capacity for dine-in guests may be limited, based on local regulations. As of September 30, 2020, it had 261 restaurants, including eight Sub-Franchised Burger King Restaurants, across 17 states and union territories and 57 cities across India. Of the 261 restaurants as of September 30, 2020, 226 were operational. As of the date of this Red Herring Prospectus, had 259 Company-owned Burger King Restaurants and nine Sub- Franchised Burger King Restaurants, of which 249 were operational, including two Sub-Franchised Burger King Restaurant.
The globally recognized Burger King brand, also known as the “HOME OF THE WHOPPER”, was founded in 1954 in the United States and is owned by Burger King Corporation, a subsidiary of Restaurant Brands International Inc.,. The Burger King brand is the second-largest fast-food burger brand globally as measured by the total number of restaurants, with a global network of 18,675 restaurants in more than 100 countries and U.S. territories as of September 30, 2020.
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