Franchise FAQ

how many fast food franchises are in america

by Wade Jenkins Published 2 years ago Updated 1 year ago
image

There are 197,163 Fast Food Restaurants businesses in the US as of 2022, an increase of 0.6% from 2021.Jun 23, 2022

Full Answer

What is the #1 fast food chain in America?

McDonald'sIt's indisputable that McDonald's is America's favorite fast food restaurant, if not the world's.

How many fast food restaurants are in the US in 2022?

In 2021, there were approximately 194 thousand quick service restaurants in the United States, down from 191 thousand in the previous year. In 2022, the number of quick service restaurants in the U.S. was forecast to reach just over 197 thousand.

How many fast food restaurants are in America today?

The United States has 197,653 fast food restaurant businesses as of 2021. The US fast food industry market size (by revenue) is $296.6 billion as of 2021. The expected CAGR (compound annual growth rate) of the US fast food industry is 5.1% from 2020-2027.

How many food companies are in the US?

Here are the key statistics on the ever-changing restaurant industry: There are 660,936 restaurants in the United States, as of 2021. There are 14.9 million restaurant employees in the United States as of 2022. 9 out of 10 restaurants in the United States are small businesses with fewer than 50 employees.

How big is the fast food industry in the US?

Fast Food Restaurants in the US - Market Size 2005–2028$331.4bnFast Food Restaurants in the US Market Size in 20222.9%Fast Food Restaurants in the US Market Size Growth in 20222.8%Fast Food Restaurants in the US Annualized Market Size Growth 2017–20221 more row•Jun 23, 2022

What percentage of Americans eat fast food?

83% of American families eat at fast food restaurants at least once a week. The average American household spends 10% of their annual income on fast food. People who earn more money tend to eat more fast food than those who earn lower incomes.

What state eats the most fast food?

The state that loves fast food the most is Alabama, where there are 6.3 restaurants for every 10,000 residents. The state that with the least fast food restaurants is Vermont, where there are only 1.9 restaurants for every 10,000 residents. There are 194,395 fast food restaurants in the U.S.

Who's the biggest fast food chain?

McDonald'sMcDonald's is the world's largest fast-food restaurant chain and one of the best-known brand names. The company has more than 39,000 locations in about 100 countries.

How profitable is the fast food industry?

Fast food restaurants in the U.S. earned $278.6 billion in revenue in 2021.

How many restaurant chains are in the US?

There are 337 Chain Restaurants businesses in the US as of 2022, an increase of 1.7% from 2021.

How many fast food companies are there in the world?

There are 603,635 Global Fast Food Restaurants businesses as of 2022, an increase of 1.9% from 2021. Has the number of Global Fast Food Restaurants businesses grown or declined over the past 5 years?

Which country has the most fast food restaurants per capita?

And now look out your back window. If you noticed any less than five fast food restaurants you might not actually be living in the United States. As previously mentioned, Sweden leads Europe with 23.5 McDonald's per million people, but the United States is far and away the world leader with 45.1 per million people.

How many McDonalds are there in the US 2022?

13,342 McDonalds storesThere are 13,342 McDonalds stores in the United States as of October 24, 2022. The state with the most number of McDonalds locations in the US is California, with 1,186 stores, which is about 9% of all McDonalds stores in the US.

How many McDonald's are there in the world 2022?

How many McDonald's are there in the world? The official corporate McDonald's website explains there are “over 38,000 locations in over 100 countries.” McDonald's, the second-largest private employer in the world, operates locations on six different continents in more than half of the planet's countries as of 2022.

What is the most popular fast food restaurant 2022?

StarbucksRestaurants 25 2022 Ranking20222021Name11Starbucks22McDonald's33KFC45Domino's Pizza21 more rows

How many McDonald's burgers sold 2022?

We can officially say that yes, at all of its worldwide locations since day one, McDonald's has served well over 100 billion burgers.

Which country has the largest fast food industry?

The United States has the largest fast food industry globally, and American fast-food restaurants can even be found in over 100 countries across the world. Despite health concerns, US adults continue to consume fast food, despite rising costs and the impact of COVID-19. This industry giant shows no sign of stopping its growth any time soon.

What is fast food?

Research Summary. Fast food is mass-produced food designed for commercial resale, with a top priority being service speed. Fast food was created as a strategy to accommodate commuters, travelers, and wage workers. Our research team found:

Why is franchising important?

Franchising allows fast food companies to expand at a more rapid pace without needing to use borrowed funds. This also benefits the franchise owner, who benefits from well-run national advertising campaigns, expertise from fast-food experts, and other resources individual entrepreneurs may not always have. [2]

How much is the fast food industry in 2021?

As of 2021, the market size, measured by revenue, of the fast-food restaurant industry, is $278.6 billion.

What is bigger, Mexican food or soft drinks?

A plate of Mexican food is 27% bigger, while soft drinks have increased in size by 52%. Snacks, whether they be potato chips, pretzels, or crackers, are 60%larger. [9]

Which state has the least fast food restaurants?

Nebraska and West Virginia follow with 5.4 and 5.3 restaurants per capita, respectively. As for the lowest fast-food restaurants per capita, there are 1.9 restaurants per 10,000 residents in Vermont, making it the state with the least fast-food restaurants in America. New Jersey follows with 2.0, New York with 2.1 per capita. [4]

When was fast food invented?

Fast food has come a long way since the first fish and chip shops in Britain in the 1860s. The market caters to a large portion of the United States and offers employment to many who reside within the states. The quick nature in which food is prepared and rapidly served help fast food stand out within the restaurant industry.

How much does the average American spend on fast food?

Fast food is a supersized business in America. The average American spends as much as $1,200 every year on fast food — and roughly a quarter of the U.S. population eats three or more fast food meals per week. Today’s unique infographic, via TitleMax, shows just how dominant the quick serve food industry is, and which brands are leading ...

How much did fast food chains make in 2017?

In 2017, the top 30 fast food chains rang up $172 billion in sales at over 140,000 locations across the United States. When smaller chains are also included, annual industry revenue tops a whopping $200 billion.

Is fast food a profitable business?

Fast food can be a profitable business, but certain chains are runaway successes when sales-per-unit are considered. Chick-fil-A’s sales average out to $4.3 million per location — 53% higher than McDonald’s, which brings in $2.8 million of sales per location. Subway, which is known for having a low franchise fee and no exclusive territory rights, ...

Does Subway have McDonald's?

Of course, not all fast food chains have the ubiquity of Subway and McDonald’s. Many of these brands have achieved impressive sales numbers in specific regions. Whether you’re loyal to Dunkin’ Donuts, Chick-fil-A, or In-N-Out may depend heavily on where you live.

What is the average customer satisfaction score for fast food restaurants in the U.S. in 2020?

consumers? In 2020, the average American Customer Satisfaction Index score for quick service restaurants in the U.S. was 78 out of 100. McDonald's was rated a score of 70, meaning customer satisfaction was 8 points below the industry average.

Which state has the most QSRs?

In a 2019 ranking of the U.S. states with the most QSRs, California accounted for the highest number with almost 31.5 thousand units, while the least populous state, Wyoming, accounted for the least.

How much is McDonald's worth?

With a brand value of over 129 billion U.S. dollars, McDonald’s was also the leader in a list of the most valuable fast food brands in the world followed by brands such as Domino's Pizza, Subway and, Yum! Brands (parent company of Taco Bell, KFC & Pizza Hut). Although burger restaurants, like McDonald’s, are the most typically associated with ...

Which chain has the highest drive-thru order accuracy?

Chick-fil-A was also awarded the highest level of drive-thru order accuracy in U.S. restaurant chains. However, Chick-fil-A had the longest drive-thru times while Dunkin' was top when it came to the fastest drive-thru times in U.S. QSR chains. Digitalization of the U.S. fast food industry.

Is QSR fast food?

They are more commonly referred to as fast food restaurants outside of the industry. The quick service restaurant industry in the United States is one of the most well-established in the world. Many of the biggest global QSR brands originated in the U.S. and dominate a large portion of the market.

What is fast food franchise?

Fast food franchises also known as quick service restaurant chains have very promising opportunities for new entrepreneurs willing to own a business. The demand for fast food has been very high since it appeared.

When did the first fast food franchise start?

However, the boom for fast food franchises started in the 1950s, when a lot of restaurant businesses began to expand.

How much revenue does fast food have?

Fast food segment is estimated to have $ 250 billion revenue and is considered to be on top of all franchise businesses.

How will robots change the fast food industry?

Replacing the labour force with robots and machines is another change within the fast food restaurant industry. People are getting used to self-ordering kiosks. McDonald’s, KFC, and Wendy’s allow visitors to make their order by typing it in on the screen of a device instead of saying it to an employee. However, it can take some time before customers get used to a robot preparing their order. Robots can change the overall fast food industry as they will be able to work much faster than people. It is predicted that machines will be able to prepare and serve up to 400 burgers in one hour.

Why do people visit fast food restaurants?

Another main reason for visiting fast food restaurants is affordable prices. Such establishments focus mainly on students, youth or middle class families. And finally, huge fast food franchise chains invest a lot of money and effort into advertising and marketing.

Do fast food franchises require high expenses?

Such fast food franchise ideas do not require high expenses for rent and equipment, though provide great fast food franchise opportunities for a start. If you feel interested in owning such a business, here are some tips on how to open a fast food franchise; browse carefully our fast food franchises for sale, choose the idea which you like, ...

Is fast food considered junk?

Whereas some years ago fast food was considered to be junk, today it offers a lot of healthy eating options. The demand for healthy food which has been constantly increasing encourages fast food franchises to change their menu to cater to the needs of all their customers.

Baskin-Robbins

Baskin-Robbins is an American multinational chain of ice cream and cake specialty shop restaurants owned by Inspire Brands. It claims to be the world's largest chain of ice cream specialty stores, with more than eight thousand locations, including nearly 2,500 shops in the United States and over five thousand in other countries.

Denny's

Denny's (also known as Denny's Diner on some of the locations' signage) is an American table service diner-style restaurant chain. It operates over 1,700 restaurants in many countries. Since 1953, our industry has changed, but we’ve stuck to what we know - providing a great America’s diner experience.

Why are fast food chains called into question?

Quick service restaurant chains are regularly called into question for their supply and production of unhealthy foods. In an online survey in 2016, respondents who eat at a fast food restaurant at least once per year were asked; 'how much of a role does having healthy options on the menu play in choosing a fast-food restaurant?' 39 percent of respondents stated that healthy options play a major role when choosing a fast-food restaurant.

How often do you dine out at quick service restaurants?

When asked; 'how often do you dine out at quick service restaurants?' 20 percent of respondents stated that they dined out at quick service restaurants once per week. In comparison, 18 percent of respondents stated they dined out several times per week and six percent of respondents stated that they dined out at a quick service restaurant daily.

Do fast food restaurants open around the clock?

Quick service restaurants in the U.S. – additional information. With many quick service restaurants open around the clock, employees are required to work longer hours. As a result, the level of customer service experienced in fast food drive-thrus in the United States can fluctuate depending on the time of day.

When did fast food become a staple of the American diet?

It was also in the 1950s when the history of McDonald’s became such a staple of the American diet that mere mention of golden arches became synonymous with hamburgers.

Where did fast food originate?

The name and location of the first fast food restaurant is lost to history but it might have been in Ancient Rome. Urban living in Ancient Rome involved many people in multi-storied apartment buildings, ...

What was the first fast food restaurant in the US?

The history of fast food in America runs parallel to the invention of the car. These two industries are so intertwined that most people today think of fast food as anything being served out of a window and into an automobile. McDonald’s can easily claim fame for perfecting the service and style of cooking we know today as fast food but the first fast food restaurant in the US was not a McDonald’s. It was White Castle, a hamburger joint that opened in Wichita, Kansas, in 1916.

What was the fast food industry in the 1950s?

By the 1950s, the fast food industry boom was in full swing, incorporating and perfecting marketing strategies borrowed from earlier days. Fast food franchises had become popular dining stops from coast to coast, thanks to their standardized menus, easily recognized signage, and unified advertising strategies that made household names of such industry leaders as White Castle, McDonald’s, A&W Root Beer, and Howard Johnson’s.

Where was fast food popular in the Middle Ages?

Later on, during the Middle Ages, quick and inexpensive food was abundant in the larger cities of Europe, including London and Paris, where the fast food establishments of the day fed locals and tourists alike.

When did children's food become standardized?

By the 1960s, the history of fast food added another important chapter when children’s menus became a standardized part of some of the most popular restaurant chains and advertisers began to focus marketing efforts at children.

Is fast food everywhere?

Street vendors, food trucks, delivery services, sports arenas, and even convenience stores and gas stations all sell food that can be bought quickly, cheaply, and eat en on the fly. We’ve become such a fast food nation that the once-traditional, sit-down dining experience presented in slower, more formal style is often reserved for special occasions if at all.

image
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 1 2 3 4 5 6 7 8 9