Franchising Trends

Food Franchises Continue to Drive Franchising Industry

The contribution of food and restaurant franchising segment is immense towards the overall development of the franchising industry. The trend started way back in 1933 with the opening of Howard Deering Johnson and Reginald Sprague’s first “HoJo” chain restaurants.

The segment got a major boost since the ‘50s as the Interstate Highways developed and Baby Boomers entered the job market. As a result, huge demand for fast-food restaurants that served the harried office-goers was generated. And the development has been going on at a steady rate with new concepts emerging every now and then! What’s more, today’s health conscious customers want healthy and nutrient-filled products. That is why smoothies with real fruits and vegetables and juice stands are gaining increasing popularity. Prominent examples of such concepts are Mayan Jamma Juice, Happy & Healthy Products/Fruitfull and Smoothie Factory.

Today, the top franchises are filled with all kinds of food and restaurant franchises. From high-end sit-down restaurants like Saskatoon to pizza take-n-bake concepts such as Figaro’s Pizza – all are gaining foothold in the market. Moreover, as America turned more and more cosmopolitan in nature, its eating habits have changed simultaneously. Therefore, nowadays all kinds of cuisines are found in the franchised eating places across the United States. There’s Wingman® whose forte is “Buffalo style chicken wings” whereas the best selling items of Currito, Burritos without Borders are not only the true-blue Mexican-style burritos, but their Mediterranean and Asian versions as well. In fact, the burgeoning popularity of Mexican foods has led to the development of a new segment in food franchising business called Mexican quick-serve restaurant like Salsa Rico Fresh Mexican Grill.

So, if you are interested about entering the franchising industry, the food and restaurant arena still comes up as a very good area of investment! Contact brandEXPANSION.