Here are some statistics about food and restaurant
franchises:
·
Full-service restaurant
franchises
In 2022, the US had 32,879 full-service restaurant
franchise establishments, with a forecast to increase to 33,240 in 2023.
·
Food franchises
Food franchises account for 30% of all franchise
establishments in the US and nearly 60% of their direct employment.
·
Quick service
restaurants
Quick service restaurants contribute $276 billion to the
franchise industry's economic output.
·
Pizza chains
The US pizza chain industry has a market size of $65
billion, with a gross annual sales of $17 billion for Domino's, the largest
pizza chain.
·
Restaurant sales
Restaurant sales are up 9.2% annually, which is higher than
the overall rate of inflation.