Milestone restaurant marks rapid growth for the BURGER KING brand in the region
The BURGER KING® brand is celebrating the opening of its 3,000th restaurant in the Asia-Pacific region. The new restaurant, which is operated by a joint venture owned by Burger King and long-time operating partner TFI TAB Food Investments and long-time partner Cartesian Capital, opened its doors on September 28th at the Huatai Center in Shanghai, China.
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“We are very proud of this milestone opening of our 3,000th restaurant in the Asia-Pacific region, which is a testament to our bold ambition of accelerating our growth in the region,” said Sami Siddiqui, President, Burger King Asia-Pacific. “We have served the Asia-Pacific market for over 40 years, and have grown rapidly in the region recently, doubling our restaurant count in just the past five years. We are excited about what this new store represents for our brand and are pleased to offer our guests in Shanghai another convenient location to enjoy the BURGER KING® iconic flame-grilled taste. We look forward to many more openings to come as we grow the brand in our fastest-growing region of the world.”
BURGER KING® has opened more than 1,500 restaurants in the Asia-Pacific region over the last five years thanks to the strong relationships with franchisees in high-growth markets, such as China, India, South Korea, and Indonesia.
About BURGER KING®
Founded in 1954, the BURGER KING® brand is the second-largest fast food hamburger chain in the world. The original HOME OF THE WHOPPER®, the BURGER KING® system operates more than 17,000 locations in more than 100 countries and U.S. territories. Almost 100 percent of BURGER KING® restaurants are owned and operated by independent franchisees, many of them family-owned operations that have been in business for decades. To learn more about the BURGER KING® brand, please visit the BURGER KING® brand website at www.bk.com or follow us on Facebook, Twitter and Instagram.
About Restaurant Brands International Inc.
Restaurant Brands International Inc. is one of the world’s largest quick service restaurant companies with more than $32 billion in system-wide sales and over 26,000 restaurants in more than 100 countries and U.S. territories. RBI owns three of the world’s most prominent and iconic quick service restaurant brands – TIM HORTONS®, BURGER KING®, and POPEYES®. These independently operated brands have been serving their respective guests, franchisees and communities for over 45 years.
This press release includes forward-looking statements, which are often identified by the words “may,” “might,” “believes,” “thinks,” “anticipates,” “plans,” “expects,” “intends” or similar expressions and reflect management’s expectations regarding future events and operating performance and speak only as of the date hereof. These forward-looking statements include statements about future growth. The factors that could cause actual results to differ materially from RBI’s expectations and beliefs are detailed in filings of RBI with the Securities and Exchange Commission and applicable Canadian securities regulatory authorities, such as its annual and quarterly reports and include the following risks: risks related to RBI’s ability to successfully implement its domestic and international growth strategy and risks related to its international operations; risks related to RBI’s ability to compete domestically and internationally in an intensely competitive industry; and risks related to RBI’s ability to successfully accelerate international development with strategic partners and joint ventures. Other than as required under U.S. federal securities laws or Canadian securities laws, we do not assume a duty to update these forward-looking statements, whether as a result of new information, subsequent events or circumstances, change in expectations or otherwise.