Some of the most well known brands are in the food franchise sector. The likes of McDonalds, Pizza Hut, Burger King and many more have championed the franchising approach to expand their reach as far as they can… the former reach every corner of the globe it seems. Its claimed that McDonalds currently have over 31,000 outlets in over 110 countries. Although some outlets are company owned, over 70% are run as franchise businesses, by independent business owners. This is serious franchising on a large scale!
Of course, the food business is an incredibly recession resilient type of business to be in. Everyone needs to eat, its quick and easy, relatively low cost and with the child friendliness of a lot of the fast food type outlets, are often a low cost option for a family to go out for a bite to eat.
In addition to burger outlets, but still based on the ‘fast’ service principles, there are salad bars, sandwich bars and more, to cater for most tastes. Read on…