Burger King Worldwide's (BKW +0.00%) refranchising strategy seemed to pay off in the third quarter of 2013, as the company's net income was up significantly over the prior year. In the video below, Fool contributor Asit Sharma reviews the benefits and risks of Burger King's push to be the only major global burger chain operating on a 100% franchisee model. Asit acknowledges the benefits of Burger King's current structure, and outlines the long-term risks as well. In addition, he discusses whether now is a good time to take a position in Burger King stock.
Burger King: A Few Grains of Salt for Those Satisfries
By Asit Sharma – Nov 1, 2013 at 4:00PM
NYSE: BKW.DL
Restaurant Brands International

Burger King's recent earnings were notable for strong net income. Is it time to buy the King?
About the Author
Asit Sharma, CPA, is a Senior Investment Analyst and Lead Advisor at The Motley Fool.
Prior to his current position, Asit was a contributing writer and editor for Fool.com, CFO of a middle-market manufacturer, and a finance consultant.
He holds a B.A. in English Literature from UNC-Chapel Hill and a M.A. in English Literature from New York University.