Food & Restaurant Opportunities
People need to eat, so food franchises for that reason alone are very popular. Sometimes consumers need a fast meal. However, sometimes consumers want healthier meals, so they go with healthier choices when they aren’t eating at home. Food franchises are a longtime staple in the United States franchising industry and likely aren’t going anywhere anytime soon. The fast-food consumption rate has rapidly increased over the past 15 years. Food franchises generate an estimated revenue of $110 billion each year.
Food franchises come in plenty of options to please the palate of every entrepreneur, no matter what their personal taste is. From sandwiches to smoothies, hamburgers to hotdogs, and ice cream to tacos, entrepreneurs have plenty of options to choose from. According to an economic report conducted by IHS Markit Economics in 2017, the food franchise industry is divided into three primary parts: full-service restaurants, quick-service restaurants, and retail food.
Food franchises generate an estimated revenue of $110 billion each year
50 million Americans eat from fast-food franchises daily
Usage of fast-food franchises has rapidly increased every year during the last 15 years.
By completing this information request you also gain access to FRANCHISING 101: Everything You Need to Know About Franchising. This comprehensive downloadable book on franchising covers a variety of useful franchising topics.
This free informational book will be delivered to your email address upon completion of the form.