McDonald's is the world's largest restaurant chain by revenue. The company serves tens of millions of customers daily across the world. They rechristened their business as a hamburger stand. Later they then turned the company into a franchise, with the Golden Arches logo being introduced in 1953 at a location in Phoenix, Arizona. Although McDonald's is known for its hamburgers, the company also sells cheeseburgers, chicken products, French fries, breakfast items, soft drinks, milkshakes, wraps, and various desserts.
McDonald’s USA, LLC is the franchisor that is a wholly-owned subsidiary of its parent and predecessor, McDonald’s Corporation. The franchisor develops, operates, franchises, and services a system of restaurants that prepare, assemble, package, and sell food under the “McDonald's System.” A grant of a McDonald’s franchise authorizes franchisees to operate a McDonald’s restaurant business at a specific location and to use the McDonald’s System in the operation of that restaurant business for a specific period of time. The franchisor offers four types of franchises:
Traditional Restaurant: This type of franchise is a location in freestanding buildings, storefronts, food courts, and other locations. The franchisee operates a full-menu restaurant, offering the public a high standard of quality and uniformity in food and service.
Satellite Locations: The franchisee is granted the right to operate the franchise in a retail store, strip center, airport, universities, hospitals, and other specific and specialized locations. These restaurants serve a scaled-down menu of a traditional McDonald’s restaurant and may also serve non-McDonald’s trademarked products.
STO and STR Locations: ‘Small Town Oil’ locations are situated in convenience stores, and operate a full-menu McDonald’s restaurant.
BFL Franchises: “Business Facilities Lease” franchises grant franchises with leases that include the business facilities.