McDonald’s (MCDC34) is no longer the second largest franchise chain in the country; Brazilian company outperforms – Money Times

McDonald's Reuters — McDonald’s reported 2,585 units and followed the Cacau Show, which grew 19% last year (Image: REUTERS/Jason Lee/File Photo)

the McDonald’s (MCDC34(It is no longer the second largest franchise chain by number of units in Brazil, the Brazilian Franchise Association reveals)ABF).

The fast food chain reported 2,585 units and was behind the Cocoa Show, which grew 19% last year to a total of 2,827 units.

The champ is still O Boticário with 3652 units. Overall, Brazil has 170,900 open franchise units.

In 2021, Brazil registered 2,882 franchise chains, an increase of 8% compared to 2020.

According to the president of ABF, Andre Friedheim, “It is possible to note new companies that entered the sector, others that built new sales channels and business expansion, and franchising was the chosen strategy, which was reflected in this increase in the number of brands.”

The sector achieved 185 billion Brazilian reals, a growth of 10.7% compared to 2020.

According to the association, the improvement occurred amid the lifting of restrictive social distancing measures. In addition to the gradual resumption of consumer habits.

Watch the largest franchise networks in the country:

position	company	units
the first	the botanical	3652
The second	Cocoa Show	2827
the third	McDonald’s	2585
the fourth	Gazin Semigoyas	2083
Fifth	orthobom	2078
VI	pit stop school	1880
seventh	metro	1862
VIII	am pm	1841
ninth	Insurance – Bolsa de Seguros	1682
The tenth	lubrax	1668