Burger King

Interested in selling your Burger King NNN property or Burger King ground lease property and was wondering what you can get for it in today’s changing market?

Contact us for a complimentary broker opinion of value for your off-market Burger King NNN property for sale or Burger King ground lease property for investment, specifically tailored to support your 1031 exchange requirements. This valuable assessment will provide you with the necessary clarity to make informed decisions regarding the sale of your Burger King NNN property or the inclusion of a Burger King ground lease property in your investment portfolio. As specialists in working with 1031 exchange buyers seeking off-market Burger King properties, we are dedicated to delivering competitive offers with reduced fees to help you maximize your investment returns.

Number of locations

Burger King will have approximately 18,700 stores throughout more than 100 nations and territories as of January 2023. Of these, over 10,000 are located in the United States.

Revenue and income

In 2022, Burger King’s total revenue was $13.4 billion. Net income was $500 million.

Future plans

Burger King plans to continue expanding its global footprint. In 2023, the company plans to open over 1,000 new stores worldwide. Burger King also invests in new technologies, such as self-ordering kiosks and mobile ordering.

Corporate vs. franchise

About 99% of Burger King stores are franchised. The remaining 1% are corporate-owned. Franchisees typically pay a franchise fee of $50,000 to $100,000 and a royalty fee of 4% of gross sales.

Additional information Burger King Properties

In 1954, Burger King was established in Miami, Florida.
The company’s name refers to the first store being located on a busy street corner.
Burger King is the second largest fast-food hamburger chain in the world, after McDonald’s.
The company’s most popular products include the Whopper, the Big King, and the Chicken Fries.
Burger King is a subsidiary of Restaurant Brands International, which also owns Tim Hortons and Popeyes.

Burger King History

Burger King‘s history dates back to 1954, when James McLamore and David Edgerton founded the company in Miami, Florida. The brand’s flame-grilled approach to burgers set it apart, and introducing the “Whopper” in 1957 became an iconic menu item. Over the years, Burger King‘s innovative marketing campaigns and menu offerings contributed to its growth. The company expanded internationally and went through various ownership changes. In recent years, Burger King has focused on revamping its image, enhancing menu quality, and embracing technology to cater to evolving customer preferences.

Why Invest in Ground Lease and NNN Lease of Burger King?

Investing in Burger King‘s ground lease and triple net (NNN) lease properties presents compelling advantages:

1) Burger King NNN Property Investment: Stable income

Benefit from a well-recognized brand and strong market presence, ensuring consistent and predictable income through ground and NNN leases.

2) Burger King NNN Property Investment: Established tenant

Burger King‘s popularity and global recognition minimize the risk of tenant vacancy or lease default, providing long-term stability for your property investment.

3) Burger King NNN Property Investment: Low management responsibility

With ground and NNN leases, the tenant manages property maintenance and financial obligations, reducing the landlord’s management obligations significantly.

4) Burger King NNN Property Investment: Favorable lease terms

Long-term leases coupled with built-in rent escalation clauses offer reliable income and the potential for rental growth over time.

5) Burger King NNN Property Investment: Real estate value

Strategically situated in high-traffic locations, Burger King properties have the potential to boost property value due to their desirability and visibility.

Pros and Cons of Burger King Ground Lease and NNN Lease Investment

Pros:

1. Stable income from a well-established brand.
2. Established tenant reduces vacancy and lease default risks.
3. Minimal management responsibility for landlords.
4. Long lease terms provide stability and potential income growth.

Cons:

1. Lease renewal risk when the term expires.
2. Dependency on Burger King’s success and operational challenges.
3. Market saturation and competition affect profitability.
4. Limited control over property decisions.
5. Economic and market risks inherent in real estate investments.

Thorough due diligence and consideration of location, lease terms, tenant strength, and investment strategy are essential. Seek guidance from real estate professionals and financial advisors to align with your goals and risk tolerance.