Quick service restaurants are selling right and left. They just aren’t doing very well these days. Why is that? These restaurants offer a great deal of convenience so you’d think they’d be more popular and successful. Conveniences guides many people’s decisions in today’s fast paced world because so many people are busy with work. That isn’t saving these restaurants, though. It seems people still want to have their more leisurely meals when they go out.

Key Takeaways:

• In February, the Burger King parent restaurant Brands purchased Popeyes Louisiana Kitchen in a $1.8 billion deal.
• According to Rick Silva (CEO of Checkers Drive-In Restaurant) there is strength in the quick service market, which is “incredibly huge” and “very stable”.
• While traditional retailers struggle to compete with the increase in e-commerce, investors are looking at other sectors, according to Silva.

“I think what you’re seeing is the reality that the restaurant industry is incredibly healthy.”

Read more: https://www.qsrmagazine.com/exclusives/why-are-so-many-quick-service-restaurants-being-sold