TL;DR
The food industry dominates the franchise world, with quick-service restaurants (QSR) being a particularly profitable segment. QSR brands often top profit rankings and account for about 20% of Entrepreneur's Franchise 500 top-ranked companies.
The food industry has long dominated the franchise world. With a vast pool of opportunities, this segment of hospitality is one where the entrepreneurial business model shines. And within the restaurant category is what some would argue is the golden nugget of franchising: the QSR industry.
Quick-service restaurants and large-scale food chains are often the first segments people envision when they think of franchising, and for good reason: QSR brands often top profit rankings and account for about 20% of Entrepreneur’s Franchise 500 top-ranked companies.
In this story
This story was originally published in 1851 Franchise on December 28, 2022. Burnaze summarizes and links to the original reporting.
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