Burger King is a global fast food chain with its headquarters in Miami-Dade County, Florida.  They began as Insta-Burger King in Jacksonville, Florida in 1953.  When they ran into financial difficulties in 1955 the company was purchased by two of the Miami franchisees, David Edgerton and James McLamore.  They renamed the company Burger King, which stuck.  Over the next 25 years the company changed hands four different times and the third set of owners, TPG Capital, Bain Capital, and Goldman Sachs Capital, took the company public in 2002.  The majority stake in Burger King is now held by 3G Capital of Brazil and is valued at $3.26 billion.

Burger King started with just the basic hamburgers, French fries, sodas, and milkshakes back in 1954, but it has evolved into a larger and more diverse group of products.  The most famous of the hamburgers that Burger King offers is the Whopper and it was first introduced in 1957.  Now Burger King offers a variety of burgers, chicken sandwiches, salads, and more.  They are still best known for the Whopper and they also offer a double Whopper and a Whopper Jr. as well.  They offer a variety of value meals that include a drink and French fries and they have a value menu with items for just $1.

Since Burger King is already so large most individuals or groups that become restaurant franchisees either open a new franchise outside of the United States or they purchase an existing franchise from a current franchisee.  You do have to have a minimum net worth of $1.5 million and at least $500,000 in liquid assets.  Since you may be purchasing a restaurant from a current franchisee the financial requirements could be much higher.  Burger King is not looking for individuals and groups that only want to own one restaurant, but instead they are looking for those that can handle growing into multi-unit franchisees.  They charge a $50,000 franchise fee, 4.5% in royalties, and a 4% advertising fund fee as well.