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What Is A Franchise Restaurant? — Benefits For Growing Food Brands

Apicbase

As a result, you can scale your business fast while reducing liabilities. Restaurant franchising has been around since the 1920s, used mainly by fast-food chains like McDonald’s, KFC, and Taco Bell. 2 You’ll be able to grow your brand fast and efficiently. Meanwhile, a whopping 97% of franchise units are profitable.

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

Apicbase

billion by 2030. billion by 2030. billion by 2030. billion by 2030. On the other hand, fast food restaurants are on the rise , with 0.8% Franchise Direct , 2023) 25% of food franchises are fast-food establishments. The global foodservice market size reached $2,989.5 by 2032, reaching $4,046.1

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Decade of Disruption: Restaurant Insiders Dish What’s on the Plate

Modern Restaurant Management

In the short term, it’s QSR that will experience labor improvement, then fast-casual. Restaurant design footprint will fundamentally change with more BOH kitchen size needed and less FOH seats as more people gravitate toward digital and delivery. Restaurants will become increasingly casual.