Evaluating the Independent Restaurant Industry to Help Suppliers Pinpoint Opportunities

When it comes to a critical and important aspect of the restaurant industry itself, one of the most critical and important aspects is the act of pinpointing opportunities. However sometimes when it comes to all of the details of this it can be difficult. This particular article offers you the insight and a more in depth look at the evaluation of the restaurant industry to help suppliers pinpoint opportunities.

Key Takeaways:

• In reality, the restaurant landscape of the United States is a diverse market that represents white space opportunities within both the chain and independent segments.
• When it comes to annual sales, 55 percent of independent restaurants gross less than $500,000 a year, while 35 percent gross from $500,000 to $1 million.
• Longevity may be a concern to foodservice suppliers wishing to establish long-term contracts.

“CHD Expert data indicates that independent restaurants are more prevalent in the north, whereas fast food chains make up a bigger percentage of the restaurant landscape in the south.”

http://www.foodservice.com/blogs/show.cfm?contentid=103943