So, What Business Are You Really In? | DataDrivenInvestor
7 min readMay 12, 2022
What is McDonald’s business? Some might say, the fast food business, or more broadly, the restaurant business. But what many people don’t realize is that McDonald’s is really in the real estate business.
Their real estate holdings include land and prime building locations around the world where their Franchisees build restaurants and pay them rent, month-in and…