The quick service restaurants industry is growing at an impressive rate, and large chains are leading the way. A recent study shows that sales at big QSRs are expected to grow by nearly 5 percent this year, thanks to strong customer loyalty and increasing demand for convenient dining options.
This is great news for franchisees and consumers alike, as it means more delicious food choices with shorter wait times. So, if you’re looking for a quick and tasty meal, be sure to check out your favorite large quick service restaurants!
However, a recent report from Techonomic shows that quick service restaurants are growing at a faster rate than full-service establishments. This surprising growth is due in part to the increasing popularity of convenience foods and the growing demand for healthier options. As quick service restaurants continue to adapt to changes in the marketplace, they are sure to remain a dominant force in the restaurant industry.
Big Players Grow Unexpectedly
When it comes to the restaurant industry, big players are not always the ones that you expect. In fact, some of the biggest growth in this industry is coming from unexpected places.
We’re talking about small, independent restaurants that are making a big impact in their local communities. So, what is driving this growth? Let’s take a look at some of the factors involved.
One of the most important factors driving the growth of small, independent restaurants is the changing demographics of the country. As the population continues to diversify, there is an increasing demand for ethnic and specialty foods.
This is especially true in urban areas, where people are looking for new and interesting dining experiences. Small, independent restaurants are able to capitalize on this trend by offering unique and authentic dishes that you can’t find at chain restaurants.
Another factor that is driving the growth of small, independent restaurants is the rise of the foodie culture. More and more people are interested in trying new foods and exploring different culinary traditions.
This has led to a boom in the popularity of cooking shows, food blogs, and other resources that help people learn about new cuisines. Small, independent restaurants are able to capitalize on this trend by offering diners an opportunity to try something new and exciting.
So, if you’re thinking about starting a restaurant, or if you’re already running one, these are two important trends that you need to be aware of. Keep an eye on the demographic changes in your area and be sure to offer unique and interesting dishes that will appeal to the foodies in your community. With a little bit of creativity and hard work, you can turn your small, independent restaurant into a big success.
Top Growing Restaurant Chains During the Pandemic
McDonald’s: +4.8%
Starbucks: +3.0%
Subway: +2.9%
Taco Bell: +2.6%
Chick-fil-A: +2.5%
Dunkin’ Donuts:+1.8%
While most restaurant chains saw a decrease in sales during the pandemic, these seven chains managed to grow their sales. McDonald’s was the biggest winner, with a 4.8% increase in sales. This is likely due to their drive-thru and delivery options, which made it easy for customers to get their food without having to go into the restaurant.
Starbucks, Subway, and Taco Bell also did well thanks to their drive-thru and delivery options. Chick-fil-A and Dunkin’ Donuts were able to grow their sales by offering new menu items that appealed to customers looking for comfort food during the pandemic.
As the country starts to reopen, it will be interesting to see how these chains perform. Will they be able to keep their momentum going or will they see a slowdown in sales? Only time will tell.
In the meantime, if you’re thinking about starting a restaurant, now is a good time to do your research and start planning your business. With the right concept and a little bit of luck, you could be the next big thing in the restaurant industry.
How Can You Grow Your Quick Service Restaurants Chain?
If you’re looking to grow your restaurant chain, you’re in luck. There are a number of things you can do to help increase your visibility and bring in more customers. In this section, we will discuss some of the best ways to grow your restaurant chain. Keep reading for more information!
1. Find your niche
When it comes to the restaurant industry, it’s important to find your niche. There are so many different types of restaurants out there, so you need to decide what type of cuisine you want to serve and what kind of atmosphere you want to create. Once you’ve narrowed down your options, you can start to focus on how to make your restaurant stand out from the rest.
2. Keep it simple
One of the mistakes that new restaurateurs make is trying to do too much. They try to offer a wide variety of menu items, they decorate their space with too many decorations, and they try to please everyone. The result is a chaotic mess that confuses customers and drives them away.
Instead of trying to do too much, focus on keeping things simple. Start with a limited menu that features your best dishes. Decorate your space in a way that is pleasing to the eye but not overly cluttered.
And most importantly, don’t try to please everyone. It’s better to have a small group of loyal customers than a large group of people who are only mildly interested in what you have to offer.
3. Focus on quality
In the restaurant business, quality is everything. If you want to succeed, you need to make sure that your food is delicious and your service is impeccable. One way to ensure quality is to hire experienced staff members who are passionate about what they do. Another way to guarantee quality is to use fresh, high-quality ingredients in your dishes.
4. Promote your restaurant
If you want people to know about your restaurant, you need to do some marketing. There are a number of ways to promote your business, such as online advertising, word-of-mouth marketing, and print advertising. Find the method that works best for you and make sure that you’re constantly promoting your restaurant to potential customers.
5. Be patient
The restaurant business is not a get-rich-quick scheme. It takes time, hard work, and dedication to build a successful business. Don’t get discouraged if you don’t see results immediately. Just keep working hard and eventually, you will achieve the level of success that you desire.
With these five tips, you should be well on your way to growing your restaurant chain. Just remember to focus on your niche, keep things simple, and promote your business to potential customers. If you do these things, you’ll be well on your way to success.
Wrapping Up
Conclusion paragraph: So, what does this mean for the restaurant industry as a whole? It’s exciting news because it means that quick service restaurants are continuing to grow and evolve.
And if you’re in the market for a new job or just looking to stay ahead of the curve, now is a great time to be on the lookout for positions at these types of establishments. We hope you enjoyed this article – please share it with your friends and family who might find it helpful!
Also read: 6 Tips For Improving Restaurant Operations