The burger franchise industry covers a wide range of restaurants and businesses, from chain, independent, fast food, and full service, but ultimately they share the common element of serving burgers as their primary menu item. Some restaurants offer pre-made burger options, while others allow customers to “build” their own burger with personalized ingredients. The burger is one of the most popular dishes in the United States, with 71% of all beef consumed in restaurants eaten in the form of a hamburger, and Americans eating approximately 50 billion burgers a year.
Like most other industries, the food service industry took a considerable hit with the pandemic. However, some food service businesses that relied primarily on technology to serve clients encountered a boost in revenue, especially food delivery apps like DoorDash. Nevertheless, food services is expected to make a comeback as COVID-19 cases subside and more people become comfortable with eating out in restaurants again. Fast food chains prevailed surprisingly well despite the shutdown, reflecting their continued dominance in the food services industry.
The Paid-in-Full Rate is when the SBA loan is fully paid off by the small business owner including interest, indicating financial strength.
The Charged Off Rate is the SBA loan default rate where loans have no confidence in being paid off by the small business owner.
For every 8 SBA loans fully paid including interest, 1 SBA loan was unable to be paid back, or defaulted.
-SBA Loan Data from 2010-2019
-Non-Franchise Businesses taken into account: 44,851
Average Food & Beverage Franchise Industry Percentage Fees
Standard Food & Beverage Franchise Industry Investment
This metric is the standard industry investment amount for a single unit franchise investment in this industry. Our research and analytics team analyzed over 523 franchise concept investment breakdowns in order to calculate this figure.
The Paid-in-Full Rate is when the SBA loan is fully paid off by the franchisee including interest, indicating financial strength.
The Charged Off Rate is the SBA loan default rate where loans have no confidence in being paid off by the franchisee.
For every 9 SBA franchise loans fully paid including interest, 1 SBA franchise loan was unable to be paid back, or defaulted.
-SBA Franchise Loan Data from 2010-2019
-Franchise Businesses taken into account: 15,203
Learn more about the Food & Beverage Industry
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