Restaurant Brands International LP (RSTRF, Toronto Stock Exchange) is a quick-service restaurant company that operates as the partnership entity holding the Tim Hortons, Burger King, Popeyes Louisiana Kitchen, and Firehouse Subs brand businesses. It is a subsidiary of Restaurant Brands International Inc. (RBI), which serves as its sole general partner and holds all outstanding Class A common units. The partnership is the indirect parent of The TDL Group Corp. (Tim Hortons), Burger King Company LLC, Popeyes Louisiana Kitchen, Inc., and FRG, LLC (Firehouse Subs). RBI holds exclusive authority to manage and operate the partnership's business and affairs under the partnership agreement. The partnership's Class B exchangeable limited partnership units are registered under Section 12(g) of the Exchange Act and trade on the Toronto Stock Exchange. As a successor issuer to Burger King Worldwide, Inc. under Rule 12g-3(a), the entity carries regulatory continuity from that predecessor filing history.
Products & Services
The partnership indirectly owns and operates four quick-service restaurant brands: Tim Hortons (through The TDL Group Corp.), Burger King (through Burger King Company LLC), Popeyes Louisiana Kitchen (through Popeyes Louisiana Kitchen, Inc.), and Firehouse Subs (through FRG, LLC), per the FY2025 10-K filed 2026-02-20.
Revenue Model
The filing excerpts do not contain sufficient detail to describe the specific revenue streams, royalty rates, franchise fees, or other unit economics of Restaurant Brands International LP.
Customers & Markets
The filing excerpts do not provide specific customer concentration data, consumer demographic detail, or end-market breakdowns.
Geographic Exposure
The filing excerpts do not specify revenue by geography or list countries of operation.
Peers: Restaurant Brands International Inc
Source: SEC 10-K, filed 2026-02-20
Loading...
