Author - shingtpennfran

Best Sub Franchise: 4 Top Things to Look For

Finding the right franchise in the QSR industry, and specifically the sandwich market category, involves more than just taste-testing the best sub franchises. The right franchise for you will need to have the right ingredients to build the perfect business opportunity — much like building a great sandwich. Many entrepreneurs look for things like longevity, profitability, and brand strength, and...

Restaurant Inventory Management: 4 Tips for Success

Inventory management is a crucial factor for your restaurant’s bottom line. An Investopedia article calls inventory management the process from ordering to selling or using a company’s materials, and they call a company’s inventory one of its most valuable assets. Having too much or too little of an item could end up costing an owner. Therefore, understanding the nuances...

Schlotzsky’s Franchise vs. Other Sandwich Franchises: How They Compare

Sandwiches are an American staple. The quick, grab-and-go nature of a sandwich can bring customers back for a delicious bite of nostalgia. It’s no wonder IBISWorld reported in February 2024 that, based on revenue, the market share size of the sandwich and sub sandwich restaurant industry was more than $45 billion in 2023. When exploring sandwich franchises, there are many...

Franchise Revenue: 3 Most Profitable Qualities

Are you looking to own a franchise? It can be a great way to earn money, grow a portfolio, and get into business ownership. For many, a likely question before jumping into franchise ownership is the potential franchise revenue. After all, the point of getting into any business is typically to make money. But, with all the franchise opportunities out...

Restaurant Health Inspection Checklist: How to Prepare

For restaurant owners, health inspections can be a source of anxiety, but inspections play a crucial role in food safety and protecting customers. It’s important restaurants are prepared for these checks, not only to protect customers and maintain a healthy environment but also to contribute to the overall success and reputation of your establishment. Having a comprehensive restaurant health inspection...

Restaurant Franchise: 5 Reasons Why They’re a Great Investment

If you’re interested in opening a franchise to reap the potential benefits of business ownership, you may want to consider a restaurant franchise. The restaurant industry has seen growth and new opportunities over the last few years. In fact, the International Franchise Association’s (IFA) 2024 Economic Outlook Report released in February 2024, predicts personal services and quick-service restaurants (QSRs)...

Sandwich Shop For Sale: Jumpstart with a Penn Station Franchise

$45 billion. That’s how large IBISWorld estimates the sandwich and sub-sandwich restaurant market share is, based on revenue in 2023. Because of this potentially lucrative industry, you’re probably scouring listings for a sandwich shop for sale. You're likely also not just looking for a business; you're seeking an opportunity with growth, stability, and support. As quick-service restaurants flourish in...

Restaurant Costs: Breakdown and Cost Reduction Strategies

Any business opportunity is likely to come with costs, and restaurants are no different. When considering opening a new restaurant or optimizing an existing one, understanding and managing restaurant costs is pivotal. According to research done by the National Restaurant Association published in a blog in August 2022, food and labor costs consume about 33% of a restaurant’s bottom...

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