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Franchise arrangements (Tables)
12 Months Ended
Dec. 31, 2024
Franchise Arrangements [Abstract]  
Schedule of revenues from franchised restaurants
Revenues from franchised restaurants for fiscal years 2024, 2023 and 2022 consisted of:

 202420232022
Rent (i)$202,779 $193,518 $160,795 
Initial fees (ii) 380 417 401 
Royalty fees (iii)255 268 215 
Total$203,414 $194,203 $161,411 

(i)Includes rental income of own buildings and subleases. As of December 31, 2024, 2023 and 2022 the subleases rental income amounted to $166,854, $154,087 and $132,327, respectively.
(ii)Presented net of initial fees owed to McDonald’s Corporation for $833, $963 and $1,012 in 2024, 2023 and 2022, respectively.
(iii)Presented net of royalties fees owed to McDonald’s Corporation for $73,979, $71,667 and $62,360 in 2024, 2023 and 2022, respectively.
Schedule of future minimum rental payments for operating leases
As of December 31, 2024, future minimum rent payments due to the Company under existing franchised agreements are:
Owned sitesLeased sitesTotal
2025$5,768 $56,756 $62,524 
20264,754 50,846 55,600 
20274,624 45,900 50,524 
20283,889 40,949 44,838 
20293,725 35,308 39,033 
Thereafter30,094 179,225 209,319 
Total$52,854 $408,984 $461,838