Microshots 🚀’s Post

🔍 Discover how technology is revolutionizing restaurant outlet mapping and gain valuable insights into the competitive market share of these brands. 📊💡 Director of Economics and Research at GapMaps, Andre Smith, provides an in-depth analysis that goes beyond the numbers. Curious to know more? Read the full article now and stay ahead of the curve in the dynamic world of fast food! 📖🍟 https://buff.ly/3vi7Qxv #locationintelligence #GapMaps

🔍 Discover how technology is revolutionizing restaurant outlet mapping and gain valuable insights into the competitive market share of these brands. 📊💡 Director of Economics and Research at GapMaps, Andre Smith, provides an in-depth analysis that goes beyond the numbers. Curious to know more? Read the full article now and stay ahead of the curve in the dynamic world of fast food! 📖🍟 https://buff.ly/3vi7Qxv #locationintelligence #GapMaps

McDonald's Starbucks KFC Taco Bell #fastfood #fastfoodrestaurant #fastfoodindustry Attention foodies and franchisees! 🍔 A new report has ranked the top 50 fast-food chains in America, providing valuable insights into the industry. From McDonald's and Starbucks to Taco Bell and Chick-fil-A, this comprehensive analysis covers the biggest players in the quick-service restaurant space. Learn about the latest trends, sales figures, and expansion plans shaping the fast-food landscape. Whether you're a restaurant owner, an industry analyst, or just a passionate eater, this article is a must-read. Discover the chains making waves, the ones on the rise, and the strategies driving success in this competitive market.Dive in and get the scoop on the fast-food hierarchy: https://lnkd.in/dXHHReVU

The quick-service restaurant (QSR) industry is constantly evolving! This blog is a must-read for anyone in the QSR space, packed with insights on: 1. Prioritizing local listings 2. Automation and self-serve technology 3. Which QSR opportunities are best for 2024 Ready to stay ahead of the curve in the QSR world? Read the blog now: https://bit.ly/4bo0Oqj #QSR #FranchiseMarketing

Experiential Brands is driven by Aziz Hashim vision of “Profit Focused Franchising!”

Big news in the fast-food world! Restaurant Brands International, the parent company of Burger King, just acquired its largest U.S. franchisee, Carrols Restaurant Group, for a cool $1.1 billion. What does this mean? More renovations for Burger King locations: Restaurant Brands plans to invest $500 million to remodel about 600 of the acquired Carrols restaurants. This could mean a fresher look and feel for your favorite Whopper joint! Shifting ownership: Carrols operated over 1,000 Burger King restaurants across 23 states, representing 15% of all U.S. locations. These will now be directly owned by Restaurant Brands, giving them more control over the brand's image and operations. Potential shakeup in the franchise system: Some experts believe this move could lead to Restaurant Brands buying up more franchisees in the future, creating a more streamlined and consistent Burger King experience nationwide. Overall, this acquisition is a major shakeup for the Burger King brand and could have significant implications for the future of fast food in the U.S. https://lnkd.in/dcKug3JU

The weakening economy has taken its toll on even quick service restaurants. U.S. fast-food traffic declined 3.5% in the first three months of this year compared with the same period last year, according to Revenue Management Solutions. RMS also said that about 25% of people who make under $50,000 a year have been cutting back on fast food, pointing to cost as a concern. Starbucks and The Wendy's Company both reported declines in customer traffic in 1Qtr24. QSRs have considered ways to lure customers back who have been cutting back on fast-food dining after many chains boosted menu item prices. Over the past 10 years, popeyes, Jimmy John's and Subway hiked their food prices 86%, 62% and 39%, respectively. McDonald's is doing something to attract the budget conscious consumers. It is introducing a meal bundle this summer, which includes a McDouble or McChicken sandwich, small fries, small Coke and a four-piece Chicken McNuggets—for $5. The monthlong promotion is set to begin June 25 and The Coca-Cola Company is subsidizing the meal.

I got to quote the inimitable Ben Coley in a story today. In other words, it was a good day. He gave me some further insights into how pizza chains fared in this year's QSR 50, a report that is always worth a read. If you're not familiar with it, the QSR 50 ranks the largest quick-service restaurant chains in the country. In this story, I focused specifically on the six pizza brands in the QSR 50—and four other brands that are worth keeping an eye on. https://lnkd.in/ec4Re3rC

Jonathan Maze Restaurant Business Online tells us about Tasty Restaurant Group - "The multibrand franchisee, which also operates Pizza Hut, Burger King, Dunkin'’ and Taco Bell, acquired the locations in the central and Southeast U.S." Multibrand franchisee Tasty Restaurant Group has acquired 64 KFC restaurants in the central and Southeast U.S., owner Triton Pacific Capital Partners, LLC said this week. Terms of the deal were not disclosed. But the deal marks a “significant expansion” for Tasty’s KFC brands, which operate under the name Tasty Chick’n. But the deal gives Tasty Restaurant Group 470 restaurants in several brands, including Pizza Hut, Burger King, Dunkin’, Baskin-Robbins and Taco Bell, in addition to KFC. They operate in multiple states. Craig Faggen, CEO of Triton Pacific, a private equity group, called the deal “transformative” for the Tasty Chick’n business. “With a historical track record of strong cash flow and above brand average unit volumes, we are confident in the growth prospects alongside our current portfolio,” he said in a statement. The company called the acquisition an “excellent investment opportunity” that could fuel new development opportunities. That would be good news for KFC, which has run into some challenges over the past year and a half. The brand closed a net of 127 locations last year as its sales and unit volumes slowed. Triton is based in Los Angeles and focuses on quick-service restaurants in addition to specialty finance companies and healthcare. https://lnkd.in/eC56PBse #QSR #Entrepreneur #Restaurants #Franchise #Franchising #FranchiseChat Chainformation Altir Industries, Inc. Franchise Pipeline Franchise Development Outsource Ned Lyerly Joe Caruso Michael (Mike) Webster PhD Anders Hall Jonathan Martin Michael Scherr Robert Rodriguez, MBA Steven Abigail Don Hensley Adam Greenway Neil Thomson Tasos Douglas