The first Wendy's restaurant opened in Columbus, Ohio on November 15, 1969 at 257 East Broad Street by Dave Thomas (Wendy's. com). In 1972, the first franchise outside of Ohio was opened in Indianapolis, Indiana. Wendy's is known as the home of the old fashioned hamburger, and is "the #3 hamburger chain by sales. Its sales trail only McDonald's and Burger King. There are almost 6,700 Wendy's restaurants worldwide; about 78% of them are franchised" (Hoover's fact sheet). Wendy's offers high quality …
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…at http://www.mcdonalds.com. Mergentonline.com, retrieved October 13, 2005 Summary Annual Report to Shareholders, (p.33, 2005). Eleven-year Selected Financial Data. Wendy's International, Inc. Retrieved October 12, 2005 using the World Wide Web at http://www.wendys-invest.com/fin/annual/2004/wen04ar.pdf. Yahoo, 2005. Wendy's International Inc. (WEN): Cash Flows for Wendy's International <Tab/>Inc. McDonald's Corporation (MCD): Balance Sheet for McDonald Corporation. Retrieved October 18, 2005 using the World Wide Web at www.finance.yahoo.com.