SOURCE: Franchise Direct USA

Franchise Direct Logo

August 19, 2015 12:18 ET

Franchise Direct Releases Its Food Franchise Industry Report 2015

ATLANTA, GA--(Marketwired - August 19, 2015) - Franchise Direct recently released its annual Food Franchise Industry Report, a detailed study of the current state of food-related franchise businesses. The report summarizes the latest information regarding the food franchise industry, and provides potential franchise investors with details on what industry has to offer.

New Player in the Food Franchise Space
The food-related franchise industry is comprised of multiple types of businesses, including fast food, full service, coffee, pizza, ice cream & frozen yogurt, and bakery franchises. One notable addition to this year's report is detailed coverage of the food truck industry, which offers low-cost entry into a burgeoning market. From the report:

"Having a food truck helps the bottom line as the franchisee doesn't have to deal with as much overhead or labor costs at start-up. The franchise itself also acts as a marketing piece as the franchisee drives from place to place. It can even create impressions while parked."

Contributing to a Healthy American Economy
The overall economic impact of food-related franchises is up this year, at $341 billion, compared to $324 billion in 2014. The report shows that food-related franchises make up 33% of all franchise establishments in the U.S., and that fast food restaurants account for 20% of the total of all U.S. franchise establishments.

The report also covers the employment impact that food franchises have in the United States. Currently, food franchises directly employ almost 5 million people, which is 56% of direct franchise employment, according to the report.

Rising Trends in Food Franchises
The report also covers new food franchise trends, such as patrons wanting more information about their food, and the fact that businesses are hiring a greater number of older employees in food franchises.

The report concludes with detailed information for potential franchise investors on types of food franchises, initial investments, and ongoing fees for top franchise brands.

Read the full Food Franchise Industry Report 2015 here.

About Franchise Direct:
Franchise Direct is the world's leading franchise portal, operating 13 franchise websites across five continents. Our mission is to be the leading online resource for franchise opportunities and the knowledge center of choice for anyone seeking information on the franchise industry.

Contact Information