McDonald’s is often called a real estate firm dressed up as a fast food chain.
Per the latest annual report, it owns a whopping $42B in real estate and rent account for 36% ($8.4B) of the chain’s total 2021 revenue ($23B).
I wrote more here: https://t.co/mIPl6Rz1F5
— Trung Phan (@TrungTPhan) June 26, 2022
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