McDonald's Corporation is the second largest fast food chain in the world, serving more than 67 million customers on a daily basis, in 120 countries across 35,429 outlets. McDonald’s restaurants are operated by franchisees, affiliates or the company itself. The American corporation’s revenues are derived from rent, fees and royalties paid by the franchisees (28,691 outlets) and sales from company-operated restaurants (6500 outlets). It is notable that McDonald’s Corporation is the largest owner of real estate in the world.
In 2013, McDonald’s had annual revenues of $28.1057 billion, making it the 90th largest economy in the world. According to a 2012 report, the company was the world’s 2nd largest private employer with 1.9 million employees, 1.5 million of whom worked for franchises. McDonald’s main competitors are Doctor's Associates Inc. (Subway), Burger King Worldwide and Yum! Brands, Inc. (KFC, Pizza Hut, Taco Bell).
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