Comment by triceratops
2 years ago
McDonald's, possibly the most successful chain of them all, doesn't seem to think owning real estate is a distraction.
2 years ago
McDonald's, possibly the most successful chain of them all, doesn't seem to think owning real estate is a distraction.
That's because McDonald's is a real-estate company that finances itself by selling hamburgers.
Part of this is because of how McDonald's handles franchise agreements (for various reasons).
McDonald’s is an REIT that happens to sell hamburgers.