So, you’re looking to get into franchising. Or maybe you’re looking for a new franchise after having tried one or more already. Whatever the case, you’ve heard about quick-service restaurant (QSR) franchises and have decided they sound interesting; but are they the right fit for you? Let’s take a look at QSRs and see what makes them a very popular choice for many franchisees.

Reason 1: Room to Grow

Despite its popularity, there’s a lot of room for QSRs of all sorts. Market research company IBISWorld reports that as of 2023, the fast food industry in the U.S. has a market size of $367 billion, with a total of 301,847 locations throughout the country. By comparison, the janitorial service industry has a market value of approximately $90 billion in the U.S. and over 1.2 million janitorial businesses. Starting a QSR franchise means you’ll join an industry with a lot of potential for revenue and one where the competition isn’t so numerous you can’t find a spot to call your own.

Reason 2: Small Footprint, Good Profit

Opening a QSR franchise also allows you to maximize your revenue for the amount of space your business requires. According to restaurant supplier Sam Tell Companies, the average commercial kitchen is about 1,051 square feet, and seating areas are usually 5 square feet per seat. With technological and business practice innovations like online ordering and independent delivery services, a QSR can serve many customers without requiring a large (and expensive) building.
Compare this to other brick-and-mortar fitness franchises. For instance, according to studio business software company StudioGrowth, the average size of a fitness studio is 3,813 square feet, with a 1,000-square-foot minimum. Even small independent gyms may be a few thousand square feet, while larger chain gyms may require tens of thousands of square feet, fitness info website The Trusty Spotter reported in January 2022.

Reason 3: Easier to Learn

Establishing a QSR franchise is less complex than starting a business from scratch, making it an attractive option. With the drive to succeed and basic business management knowledge, your QSR franchisor will offer all necessary information and training to follow their business plan. In contrast, franchises in other industries, like accounting firms, can be more demanding in terms of credentials. For instance, to run an accounting firm franchise, you’ll need at least a bachelor’s degree in accounting or business, and possibly a master’s for CPA certification, according to accounting training resource website Accounting.com. Specialized education may be required for focusing on areas like personal finances or internal auditing. If a franchise owner lacks these qualifications, hiring certified staff becomes essential for the accounting franchise’s success.

Icing on The Cake

If the previous reasons weren’t enough to convince you that a QSR franchise is a good investment, consider the following: QSRs are:

• Often quick and simple-to-start franchises, with brand recognition and proven menu items to help build your customer base
• Relatively easy to finance when applying for loans to cover startup costs
• Thriving. QSRs were one of the most resilient restaurant models during the height of the COVID-19 pandemic.
• Brilliant at marketing. QSR franchisors traditionally provide you with national advertising and marketing services, easing your burden as a franchisee.

And within the QSR industry, pizza franchises have risen to the top. See this excerpt from PizzaMarketplace.com in January 2023:

“The global pizza market will increase by $51.28 billion from 2021 to 2026 and will accelerate at a compound annual growth rate of 6.11%, according to a Technavio report. North America will account for 43% of the market’s growth during the forecast period.”

Make a Sound Investment in Antioch Pizza

We’re pleased to offer you the opportunity to join our growing team of entrepreneurs. We’re a pizza shop franchise with 46 years of experience pursuing our mission and vision of feeding people goodness and making everyone a regular. We’re eager to grow and want enterprising and passionate franchisees like you, who not only want to succeed in business but also become a pillar of your local community. Submit a form today to learn more about your franchising opportunity with Antioch Pizza.