As an entrepreneur, you likely want to make your mark in the business world and your community. For many, a multi-unit restaurant business can be an avenue to do just that. If you’re looking to own multiple locations, you are not alone. In fact, the International Franchise Association estimates in its 2024 Franchising Economic Outlook there will be 15,000 more...
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)...
$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...
Fast Casual dining options are the most common type of restaurant in the U.S., according to Statista data from 2022, and many of those casual dining options are likely sandwich or burger franchises. In fact, nearly 36% of the global fast food market is made up of sandwich or burger shops, according to recent research published in Fortune...
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...
Many multi-unit operators are continually evaluating new brands to add to their portfolio, and sandwich franchises are a popular business investment option. In the same way no sandwich is built the same, sandwich franchise opportunities aren’t either. When deciding which franchise to invest, the options can seem overwhelming, but as you’ve conducted your due diligence research, you‘ve probably seen two...
From WXIX-TV
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There are more than 749,000 restaurants, as of 2023 according to Zippia data published that year, in the United States. The National Restaurant Association’s 2024 Industry Report indicates there are more than 1 million establishments that serve food, when including hotels, bars and other eating establishments. With that many restaurants, and many being sandwich restaurants, it’s important to keep...
