Arcos Dorados

Arcos Dorados Holdings Inc. is a company that owns the master franchise of the fast food restaurant chain McDonald's in 20 countries in Latin America and the Caribbean. It is the largest quick-service restaurant (QSR) chain in Latin America and the Caribbean serving over 4.3 million customers daily.

History

Arcos Dorados Holdings Inc. was founded by Woods Staton, who is the executive chairman of the company. The company was incorporated on December 8, 2006, and has its headquarters in Buenos Aires, Argentina. The name "Arcos Dorados" translates to "Golden Arches" in Spanish, which is a reference to the logo of McDonald's.

Operations

Arcos Dorados operates its McDonald's-branded restaurants as company-operated restaurants and franchised restaurants. Company revenues depend on sales made by company-operated restaurants and rental income from franchised restaurants. The rental income depends on the greater of a flat fee or a percentage of sales.

Countries of Operation

Arcos Dorados operates in 20 countries including Argentina, Aruba, Brazil, Chile, Colombia, Costa Rica, Curaçao, Ecuador, Guadeloupe, French Guiana, Martinique, Mexico, Panama, Peru, Puerto Rico, Trinidad and Tobago, Uruguay, and Venezuela.

See Also

• List of fast food restaurant chains
• McDonald's Corporation

References

This fast food related article is a stub. You can help WikiMD by expanding it.