Indonesian retailer Mitra Adiperkasa to sell stakes in pizza, burger chains
date:May 22, 2014
f potential buyers, including Everstone, to sell a majority stake in its Burger King franchise business.

Sharma said the fast food chains have to have about 120 outlets to give meaningful profit for the company but Mitra Adiperkasa has limited capital to invest in the business. Domino's Pizza now has about 60 outlets and Burger King has 48 outlets.

Our balance sheet is already stretched. By having a strategic partner, we can invest our limited capital into other brands like Starbucks, he said.
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