Food Franchise Opportunities
Featured Franchise Juice Zone
The Juice Zone food franchise concept is perfectly in tune with the growing demand for healthy, fresh-made foods. As a turnkey operation, a Juice Zone store is thoroughly invested with the benefits of extensive planning and testing.
Trends and Facts About Food Franchises
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Investments for a food franchise can range from the thousands of dollars (for vending machines or other small ventures) to the hundreds of thousands of dollars and beyond (for full service restaurants).
When most people think of food franchising they think of McDonald’s largely because of the consistency and uniformity – two of the main features of franchise systems. Though food franchising is most often associated with fast food, the industry also includes barbeque, coffee, pizza, ice cream, candy, smoothies, pretzels and more.
Five fast facts about the food franchise industry:
- Food related franchises make up more than one-third of the total number franchise establishments in the U.S. and account for over half of the total number of franchise employees.
- The National Restaurant Association forecasts that sales in U.S. restaurants and bars should reach over $460 billion for 2013.
- Baby boomers are a main focus of food franchises, along with millennials. On average, boomers visited restaurants 220 times last year on average surpassing all other age groups.
- Food franchises don’t only need to be concerned about competition from each other. Convenience stores have been steadily increasing their food service footprint as well.
- Subway is the largest food franchise in world (not counting convenience stores) in terms of units with 40,345 (as of September 30, 2013).