In 2012, Burger King Worldwide transferred 871 company-operated restaurants to franchisees, leaving approximately 97% of its restaurant system franchised by year-end. Twelve years later, the brand’s parent, Restaurant Brands International, acquired Carrols Restaurant Group, a large Burger King franchisee, with plans to renovate hundreds of restaurants before refranchising most of them.
The moves ran in opposite directions, reflecting a recurring challenge for Burger King: growing through franchisees while keeping restaurants modern and operators financially capable of investing. That tension runs through a history that began with two Florida ventures and reached 126 countries and territories by the end of 2025.
A Quick Look at the History of Burger King
Company History Summary
Burger King traces its recognized founding to the Miami business James W. McLamore and David R. Edgerton started in 1954, following a separate Jacksonville predecessor founded a year earlier. The Whopper arrived in 1957; the Miami founders took control of the earlier chain in 1959.
National and international growth followed, along with ownership by Pillsbury, Grand Metropolitan, Diageo, private-equity investors and 3G Capital. Since a 2014 combination with Tim Hortons, Burger King has belonged to Restaurant Brands International (RBI). Its recent history has centered on reinvesting in U.S. restaurants while maintaining a predominantly franchised worldwide system.
Company Snapshot
Recognized founding: 1954, with a separate Jacksonville predecessor dating to 1953.
Founders of the Miami business: James W. McLamore and David R. Edgerton.
Predecessor founders: Keith J. Kramer and Matthew Burns, Insta-Burger King.
Origins: Miami and Jacksonville, Florida, United States.
Industry: Quick-service restaurants; hamburger franchising.
Parent company: Restaurant Brands International Inc.
Best known for: The Whopper, flame-grilled burgers and “Have It Your Way” advertising.
Operating model: Predominantly franchised restaurants, alongside a smaller company-operated business.
2025 global footprint: 19,900 Burger King restaurants in 126 countries and territories, as reported by RBI for December 31, 2025.
Two Florida Beginnings and a Burger That Stood Apart
The origin of Burger King is not one founding event. Keith J. Kramer and Matthew Burns started Insta-Burger King in Jacksonville, Florida, in 1953. Their restaurant venture supplied an early concept and franchise system, but it was distinct from the Miami enterprise that became the enduring Burger King business.
In 1954, James W. McLamore and David R. Edgerton established the Miami operation. Historical company accounts recognize that year and those two men as Burger King’s founding. The earlier venture was a predecessor, while the Miami operation supplied the modern brand’s recognized founding date.
The Miami team introduced the Whopper in 1957. It was a larger signature hamburger that gave the operation a product customers could identify with the chain. Early participants later credited McLamore with the larger-burger idea and Edgerton with work on flame-broiling equipment.
In 1959, McLamore and Edgerton took control of the financially troubled Jacksonville predecessor operation and consolidated the business under the Burger King name. The resulting enterprise combined a developing franchise system with the Miami operation’s product identity. The Whopper and flame-broiled preparation became recognizable points of continuity through later changes in management and ownership.
Franchising, Pillsbury and the Meaning of “Have It Your Way”
The growing chain moved beyond Florida and then beyond the United States. Burger King’s historical filings identify a Bahamas restaurant in 1966, followed by expansion into Canada in 1969, Australia in 1971 and Spain in 1975. What began as a Florida hamburger operation had become an international franchise network.
The founders’ ownership ended in 1967, when McLamore and Edgerton sold Burger King Corporation to The Pillsbury Company. Burger King continued as a restaurant business within a larger food company. Edgerton later recalled that the founders were restaurant operators rather than big-business managers, offering his perspective on the transition.
The brand’s advertising identity sharpened during the Pillsbury years. A bun-halves logo arrived in 1969, and the 1974 “Have It Your Way” campaign emphasized the ability to customize a burger order. Burger King also began offering drive-through service in 1975. Product customization and service convenience both mattered to the way a growing restaurant system presented itself to customers.
Competition with McDonald’s was part of this history. Pillsbury-era managers recruited restaurant executives including Donald N. Smith and Norman E. Brinker, while advertising increasingly compared competing burger offerings. A McDonald’s lawsuit challenged representations made in a 1982 Burger King commercial, reflecting the increasingly direct competition between the chains.
Not every marketing effort strengthened the brand. The mid-1980s “Where’s Herb?” campaign became a much-discussed misfire, illustrating the difficulty of turning a high-profile promotion into a durable customer message. Its poor reception was one advertising setback amid much wider operating and competitive pressures.
From Pillsbury to Diageo: A Chain Under Larger Owners
Another ownership change came in 1989, when Grand Metropolitan acquired Pillsbury, taking Burger King into the British conglomerate’s portfolio. Grand Metropolitan subsequently combined with Guinness to form Diageo, with the merger taking effect on December 17, 1997. Burger King was a subsidiary within that corporate lineage, not a direct party to the merger that created Diageo.
By the time Diageo prepared to sell the restaurant chain, the franchise system was under pressure. In a 2006 corporate filing, Burger King Holdings management described the years before 2002 as a period of inconsistent marketing and operations, declining average U.S. restaurant sales, financially troubled operators and strained franchisee relationships. The account came from the successor management team and described several overlapping operational difficulties.
Financing conditions also complicated the sale process. A buyer group backed by Texas Pacific Group, Bain Capital and Goldman Sachs agreed to revised terms, and Diageo sold Burger King Corporation to the investor-backed Burger King Holdings structure on December 13, 2002, for $1.5 billion. The price was lower than originally negotiated.
The sale ended the conglomerate-ownership era and put Burger King under a financial-sponsor group. New senior management, an operating-improvement plan and a return to public markets followed.
Private Equity, a Public Offering and the Franchise Reset
Under its new owners, Burger King Corporation assembled a management team that included Greg Brenneman and John Chidsey. The company’s “Go Forward Plan” addressed restaurant development, financing, customers and employees. The company reported improved U.S. comparable sales following earlier weakness and fewer financially troubled franchise locations in its 2006 annual filing. Those results came from the company’s own account of its progress.
On May 18, 2006, Burger King Holdings, Inc. began its initial public offering on the New York Stock Exchange under the ticker BKC. The publicly listed entity was the corporate holding company, not each independently owned restaurant or a separate share listing for the Burger King brand.
The global recession and a difficult consumer environment formed part of the backdrop to another ownership change. In September 2010, affiliates of 3G Capital proposed acquiring Burger King Holdings for $24 per share, valuing the transaction at about $4 billion including debt. The Burger King Holdings board approved the agreement, and the purchase closed on October 19, 2010, taking the holding company private.
After the 3G acquisition, the operating model moved more decisively toward franchising. Burger King Worldwide reported that it refranchised 871 company-operated restaurants in 2012, so approximately 97% of the worldwide system was franchise-operated at year-end. Instead of directly operating those restaurants, the franchisor could increasingly rely on franchise agreements, royalties and related fees, while the independent operators bore much of the restaurant-level responsibility and investment.
Refranchising reduced the number of restaurants operated directly by the company, but made coordination with independent owners increasingly consequential. The trade-off would return to the foreground when U.S. restaurants needed modernization and their operators faced financial pressure.
Burger King returned to the public markets in June 2012 through a transaction involving Justice Holdings. The listed entity was Burger King Worldwide, Inc., and 3G investors retained approximately 71% ownership immediately afterward. The move therefore restored a public listing without ending the influence of the group that had acquired the business in 2010.
A New Corporate Parent, Familiar Brand and Changing Menu
A larger structural transformation arrived on December 12, 2014, when the Burger King–Tim Hortons transaction closed and created Restaurant Brands International. Burger King and Tim Hortons continued as distinct restaurant brands under a new publicly traded parent. Daniel Schwartz, previously chief executive of Burger King Worldwide, became RBI’s CEO.
RBI later acquired Popeyes in 2017 and Firehouse Subs in 2021. Those additions broadened RBI’s restaurant portfolio, but they were parent-company acquisitions, not purchases made by Burger King. Burger King itself remained focused on its hamburger restaurants and franchise network.
Its menu also saw selective experiments. In August 2019, Burger King rolled out the plant-based Impossible Whopper across roughly 7,000 U.S. restaurants after initial test markets. The introduction extended the Whopper platform beyond a traditional beef patty.
COVID-19 then disrupted restaurant traffic and service patterns across RBI’s operations. Depending on local conditions, Burger King restaurants relied on combinations of drive-through, delivery, takeaway and restricted dine-in service. The effects differed across locations, adding to the operating demands of the international franchise network.
In January 2021, Burger King unveiled a major redesign of its logo, packaging and digital and restaurant appearance, its first comprehensive visual rebrand in more than two decades. The redesign refreshed the presentation of a brand still strongly identified with a product introduced in the 1950s.
Reclaim the Flame Meets Franchisee Financial Pressure
By the early 2020s, the condition and economics of U.S. Burger King restaurants had become a prominent management concern. Older facilities, competitive pressure and franchisee profitability problems were among the issues highlighted in company communications. Tom Curtis, Burger King’s president for the United States and Canada, worked with franchisee leaders on a new investment approach.
In September 2022, Burger King announced “Reclaim the Flame,” a $400 million U.S. program combining $150 million for advertising and digital initiatives with $250 million directed toward restaurant equipment, technology and renovations. Curtis framed the effort around customer experience, saying, “We are relentlessly pursuing a better experience for our Guests.” The program combined advertising with investment in the restaurants themselves.
The difficulties facing some operators became especially visible in 2023. TOMS King, Meridian Restaurants Unlimited and Premier Kings were among the independent Burger King franchisees that sought Chapter 11 bankruptcy protection. Trade reporting described differing combinations of food and labor inflation, weaker traffic, debt and operator-specific strains. Burger King Corporation and RBI did not file for bankruptcy in those cases.
Because franchisees own and operate most Burger King locations, their financial difficulties did not amount to a bankruptcy of Burger King Corporation or RBI. The filings nevertheless underscored the pressure on operators responsible for maintaining and improving their restaurants.
Burger King announced another $300 million in U.S. co-investment in April 2024. Management set a goal of moving approximately 85% to 90% of the U.S. system to a modern restaurant image by 2028. The 2028 figure was a target.
The Carrols Acquisition Changes the Direction of Investment
In May 2024, RBI completed its acquisition of Carrols Restaurant Group, a large Burger King franchisee, in a transaction described at approximately $1 billion in enterprise value. The parent announced plans to spend about $500 million modernizing more than 600 acquired Burger King restaurants and then refranchise most of those locations over the following years.
That plan created a temporary contrast with the 2012 franchise reset. Having transferred hundreds of restaurants out of company ownership, the group now brought a substantial set of units into direct control to carry out renovations. Refranchising remained part of the announced strategy, and management continued discussing the intended return of most acquired locations to franchise operators in 2026.
Together, the announced investments linked the brand’s marketing effort to improvements inside its U.S. restaurants.
Burger King’s Position in 2025 and 2026
Burger King remained a global, predominantly franchised business under RBI at the end of 2025. RBI reported 19,900 Burger King restaurants in 126 countries and territories, including 7,025 in the United States and Canada and 12,875 elsewhere. The brand generated $29.368 billion in system-wide restaurant sales during 2025. That figure represents sales made by Burger King restaurants across the system, not revenue recorded by RBI itself.
International arrangements also continued to evolve. After RBI assumed the Chinese Burger King operating business from former joint-venture partners in February 2025, a new partnership with CPE closed on January 30, 2026 and was announced publicly on February 2. CPE invested $350 million of primary capital in the China operating venture and held approximately 83%, while RBI retained approximately 17%, board representation and its global Burger King brand relationship. Plans for significant China restaurant growth through 2035 remained goals, not achieved restaurant counts.
In the U.S., RBI reported that Burger King comparable sales rose 8.5% in the second quarter of 2026, with results published on August 6. The U.S. quarterly measure showed stronger comparable sales while renovation and franchising work continued.
As of October 11, 2026, RBI CEO Josh Kobza led the parent company, and Tom Curtis remained president of Burger King’s U.S. and Canada business. Management’s stated priorities included modernizing restaurants and eventually reducing the directly owned U.S. portfolio acquired through Carrols. Much of that work was still in progress.
A Brand Constant Through Different Business Models
The Whopper and flame-grilled positioning supplied continuity from the Miami founders’ era through a succession of owners. Around that recognizable product identity, the operating and financial structure changed repeatedly: founder ownership gave way to food conglomerates, then financial sponsors, a franchise-heavy public company and eventually the multi-brand RBI group.
The most recent chapter revisits a tension present throughout the history. Franchising enabled worldwide scale, yet restaurant investment and the health of individual operators still require attention from the brand owner. Burger King’s 2020s renovation programs and shifting company-restaurant portfolio show that its franchise model continues to evolve rather than resting in a finished form.
Timeline
These milestones trace Burger King’s development from its Florida predecessors to the restaurant system and ownership structure recorded in 2026.

1953
Keith J. Kramer and Matthew Burns begin the Insta-Burger King predecessor in Jacksonville, Florida.
1954
James W. McLamore and David R. Edgerton establish the Miami Burger King business recognized as the brand’s founding operation.
1957–1959
The Miami business introduces the Whopper in 1957. In 1959, its operators take control of the troubled Jacksonville predecessor and consolidate the chain under the Burger King name.
1966–1967
The franchise system expands to the Bahamas in 1966. McLamore and Edgerton sell Burger King Corporation to Pillsbury in 1967.
1974
Burger King launches the “Have It Your Way” advertising campaign.
1989–1997
Grand Metropolitan acquires Pillsbury in 1989. It merges with Guinness to form Diageo in December 1997, placing Burger King under the new parent.
December 13, 2002
Diageo sells Burger King Corporation to an investor group backed by Texas Pacific Group, Bain Capital and Goldman Sachs for $1.5 billion.
May 18, 2006
Burger King Holdings begins its New York Stock Exchange initial public offering.
October 19, 2010
3G Capital affiliates complete the acquisition of Burger King Holdings, returning the business to private ownership.
2012
Burger King Worldwide returns to public trading through the Justice Holdings transaction and reports refranchising 871 restaurants during the year.
December 12, 2014
The Burger King–Tim Hortons transaction closes, creating Restaurant Brands International as the parent of both brands.
2019–2021
Burger King introduces the Impossible Whopper nationally in the United States in 2019 and unveils a major visual redesign in 2021.
September 2022
Burger King announces its $400 million U.S. Reclaim the Flame investment program.
2023
Several independent Burger King franchisee companies seek Chapter 11 bankruptcy protection.
April–May 2024
Burger King announces another $300 million for U.S. modernization. RBI completes the Carrols acquisition in May and outlines renovation and future refranchising plans.
December 31, 2025
RBI reports 19,900 Burger King restaurants in 126 countries and territories.
January–February 2026
RBI and CPE complete a Burger King China joint venture with CPE holding approximately 83% and RBI approximately 17%.
August 6, 2026
RBI reports 8.5% U.S. Burger King comparable sales growth for the second quarter of 2026.
FAQs
Question: Who founded Burger King, and was it founded in 1953 or 1954?
Answer: Both years refer to different stages. Keith J. Kramer and Matthew Burns founded the Jacksonville Insta-Burger King predecessor in 1953. James W. McLamore and David R. Edgerton began the Miami business in 1954, the date recognized as Burger King’s founding. The Miami operators took over the earlier system in 1959.
Question: When was the Whopper introduced?
Answer: The Miami Burger King operation introduced the Whopper in 1957. It became the chain’s signature large hamburger and a key part of its flame-grilled identity.
Question: Who owns Burger King today?
Answer: Restaurant Brands International Inc. owns the Burger King brand. RBI is also the parent of Tim Hortons, Popeyes and Firehouse Subs. Those chains are sister brands, not subsidiaries that Burger King acquired.
Question: Did Burger King go bankrupt in 2023?
Answer: No. TOMS King, Meridian Restaurants Unlimited and Premier Kings were among independent Burger King franchisee businesses that sought Chapter 11 protection in 2023. Their filings were separate from Burger King Corporation and Restaurant Brands International.
Question: Does Burger King own and operate its restaurants?
Answer: Most Burger King restaurants are operated by franchisees, but the parent group also has company-operated locations. Its ownership of U.S. restaurants increased with the 2024 acquisition of franchisee Carrols, followed by plans to renovate and eventually refranchise most of those acquired units.
Question: What happened to Burger King when Tim Hortons and Burger King combined in 2014?
Answer: Their transaction established Restaurant Brands International as a new publicly traded parent. Burger King and Tim Hortons continued as separate restaurant brands under that company.
Question: Does RBI own all of the Burger King China operating business?
Answer: No. Under the China joint venture completed in early 2026, CPE held approximately 83% of the local operating venture and RBI approximately 17%. Burger King nevertheless remained a brand within the RBI group.
Interviews & Firsthand Resources
Founders and Early Franchisees Remember the Miami Years
“The Vision and Uncommon Touch of Jim McLamore,” reproduced by The Burger King Book from the National Franchisee Association’s The Flame, brings together recollections from David R. Edgerton and early Burger King participants. It offers firsthand texture about the original restaurants, the Whopper and relations with franchisees. The article preserves participants’ recollections of those early years.
Management Explains the 2022 Reclaim the Flame Program
Burger King’s September 2022 announcement includes statements from Tom Curtis and other executives about the U.S. advertising, equipment and restaurant-upgrade plan. It is especially useful for understanding what management set out to change and how franchisee collaboration figured into the announcement. The announcement describes intended investments and management priorities.
Read the management announcement
RBI Leadership on Modernization and Refranchising
RBI’s February 2026 Investor Day communication explains management’s remodeling and refranchising plans. It connects the Carrols acquisition with the longer-term intention to reduce direct restaurant ownership. The targets describe plans rather than completed changes.
Read the investor-day resource
Sources
- Marketing Dive: Burger King and McDonald’s rivalry: historical marketing analysis
- The Burger King Book / National Franchisee Association: The Vision and Uncommon Touch of Jim McLamore
- Burger King Holdings / SEC filings: 2006 Form 10-K (corporate history and IPO)
- U.S. Federal Trade Commission: Guinness–Grand Metropolitan–Diageo merger complaint
- Diageo (via Investegate): 2002 Burger King sale announcement
- Burger King Holdings / 3G Capital: 2010 acquisition announcement (SEC exhibit)
- Burger King Worldwide / SEC filings: 2012 Form 10-K, 2012 Justice Holdings transaction Form 8-K
- Tim Hortons / Restaurant Brands International: 2014 completion of Tim Hortons and Burger King transaction
- Restaurant Brands International: 2017 Popeyes acquisition, 2021 Firehouse Subs acquisition, 2024 Carrols acquisition, 2024 U.S. modernization announcement, 2026 Burger King China joint venture, 2026 investor-day strategy update
- Associated Press (via KSL.com): 2019 Impossible Whopper national rollout
- Reuters (via Investing.com): 2021 Burger King visual rebrand
- Burger King Company: 2022 Reclaim the Flame announcement
- Restaurant Dive: 2023 franchisee bankruptcy reporting
- Restaurant Brands International / SEC filings: 2025 Form 10-K, Second-quarter 2026 results