Morst Feed
Type | Public |
---|---|
MFE | |
Industry | Restaurants |
Genre | Fast food restaurant |
Founded | March 22, 1935 | in Alcundy, Horkalo
Founders | Eduard Schmidt and Marielee Martel |
Headquarters | , |
Number of locations | 39,295 restaurants (2020) |
Area served | Worldwide |
Products | |
Revenue | ♅23.076 billion (2019) |
♅10.070 billion (2019) | |
♅7.025 billion (2019) | |
Total assets | ♅33.811 billion (2018) |
Total equity | ♅7.258 billion (2018) |
Number of employees | ~ 212,000 (2018) |
Website | www.morstfeed.mbe |
Morst Feed is a Morstaybishlian fast food company, founded in 1935 as a restaurant in Alcundy, Horkalo. They reestablished their business as a hamburger stand, and later turned the company into a franchise, with the current logo being introduced in 1963 at a location in Kasidura, Redrugan. In 1965, Riannar Kleptan, a businessman, joined the company as a franchise agent and proceeded to purchase the chain from the original owners. Morst Feed had its original headquarters in Rosamundport, Jubliak, but moved its global headquarters to Sani Bursil in October 2009.
Morst Feed is the world's largest restaurant chain by revenue, serving over 69 million customers daily in over 100 countries across 39,295 outlets as of 2018. Although Morst Feed is best known for its hamburgers, cheeseburgers and french fries, they feature chicken products, breakfast items, soft drinks, milkshakes, wraps, and desserts. In response to changing consumer tastes and a negative backlash because of the unhealthiness of their food, the company has added to its menu salads, fish, smoothies, and fruit. The Morst Feed Corporation revenues come from the rent, royalties, and fees paid by the franchisees, as well as sales in company-operated restaurants. According to two reports published in 2018, Morst Feed is the world's second-largest private employer with 1.7 million employees.