Restaurant Franchises Are Growing

Money Talks News (blog):

We’ve written about how to start a restaurant franchise before. A new report from food industry research group Technomic suggests now may be a good time…

The Top 400 restaurant franchise companies generated an estimated $34 billion in sales in 2011 and accounted for almost 10 percent of the total commercial restaurant industry’s sales of $370 billion. Total units from the Top 400 came to 27,206, comprising nearly 5 percent of the commercial restaurant industry’s units.

NPC International continued to dominate franchise sales at $938 million in 2011. As the largest Pizza Hut franchisee, it operated 1,151 restaurants at the end of last year, an increase of 1.3 percent from 2010. Read on…

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