Arcos Dorados Holdings Inc. operates as the master franchisee of McDonald's restaurants across Latin America and the Caribbean. The company holds the exclusive right to own, operate, and grant franchises for McDonald's locations in 20 countries and territories, including major markets such as Brazil, Mexico, Argentina, and Colombia. It is the largest independent McDonald's franchisee globally, operating nearly 2,400 restaurants alongside numerous McCafé locations and dessert centers. The company generates revenue primarily through sales from company-operated restaurants and rental income from franchised locations. In addition to traditional dine-in services, Arcos Dorados has heavily integrated digital ordering, delivery channels, and drive-thru services into its operations to reach a broader customer base.