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Franchise Portfolio Diversification: Trends Taking Shape in 2022

Modern Restaurant Management

This approach required fewer front-of-the-house staff to maintain a dining room, complied with government orders, and kept many brands from closing. The COVID-19 pandemic has ushered in a lot of chaos and accelerated several trends within the restaurant industry. Just as one issue seemed fixed, another presents itself.

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Key Disruptions Rocking the Restaurant Franchise Space

Modern Restaurant Management

Like veritably all businesses in the post pandemic era, those operating in the restaurant, café, food truck or other type of F&B franchise space are experiencing a wave of major change—as is the franchising trade at large. million people and contribute $477 Billion to the U.S. GDP by 2021 year end. According to St.

Franchise 193
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MRM Research Roundup: 2022 Restaurant Trends

Modern Restaurant Management

The pandemic has permanently altered the consumer-restaurant relationship with operators investing in technology and real estate to align with changing consumer preferences, according to the 2021 Restaurant Franchise Pulse survey, conducted by TD Bank. The Pandemic Has Permanently Altered the Consumer-Restaurant Relationships.

2022 215
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What Trends Are You Seeing and What Can We Expect to See More of in 2022?

Modern Restaurant Management

Brooklyn Dumpling House just opened and they're already franchising the idea. We also foresee a lot of companies will redesign locations even further to maximize efficiency. To that end, we also foresee a lot of companies will redesign locations even further to maximize efficiency. Clinton Anderson, CEO, Fourth Enterprises.

2022 180
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93 Restaurant Industry Statistics Every Food Service Operator Needs to Know in 2024

Apicbase

Food costs increased in 2023: according to one survey, 60% of operators reported that all or most suppliers raised their prices , up from 50% in 2022. million in 2022, to $1,087 million in 2023. It is estimated that the US food service sector wasted 13 million tons of food in 2022, up from 9.15 decline from 2022.

2024 52
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Virtual Restaurant Brands—How To Build A Delivery-Only Concept Into A Fast-Growing Sustainable Franchise

Apicbase

This article explains the ins and outs of starting a virtual restaurant brand and growing it into a robust franchise. Dark kitchens vs Host kitchens Virtual restaurant franchise: How to make it a success What will the future bring? That is the virtual restaurant model. We cover the following topics: What is a virtual restaurant?

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How Restaurants Are Evolving in 2021: New Business Models

7 Shifts

The brand is now considering franchising. They’re also easier to replicate, expand, and in some cases, even franchise. When we look back at the impact that 2020 had on the restaurant industry, we’ll see it as an accelerator of change. Restaurants operating on this model are maximizing old and new revenue streams to keep afloat.