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What income does "McDonald's Georgia" have?

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Natia Taktakishvili
12.11.20 13:15
1261
In 2019, the income of McDonald's Georgia was 22% up. The increase was mainly due to the opening of new restaurants and a noticeable increase in the number of guests in existing facilities, as well as the launching of delivery applications.

During 2019, the company received total revenue of 98.9 million GEL.

McDonald's restaurant franchise in Georgia is owned by “T&K Restaurants”, which was founded on December 16, 1997.

As of 2019, the company owns 18 restaurants and one logistics center in Georgia. The group employs more than 1000 people in total.

"T&K Restaurants" ended 2019 with a profit of 4.9 million GEL. However, the company had a profit of 6 million GEL in 2018.

McDonald's spent 41.8 million GEL on food ingredients last year. The expenditures made on the remuneration and benefits for the employees amounted to 16.2 million GEL. It is clear from the audited financial report that "McDonald's" spent 4.6 million GEL on advertising in 2019.