More and more, anyone who has a desire to open a small business of their own have found that opening a restaurant franchise is quite profitable. It is predicted that restaurant sales will reach $577 billion in sales by 2010. The restaurant business industry now employs 8% of all workers employed in america. That comes to about 11 million people, and makes them the largest employer next to the government.

Restaurants have already been satisfying the hunger of individuals for ages, and restaurant franchising is just about to increase the growth of the. In 1950, Colonel Harlan Sanders introduced his Kentucky Fried Chicken franchise and built a chain of over 600 restaurants by 1960. McDonalds was franchised in 1955, and so were House of Pancakes, Tastee Freeze, Dairy Queen, and Dunkin Donuts.

Baby boomers (people born between 1946 and 1964) are often the people opening new restaurants and junk food establishments. They will have sophisticated tastes and the money to make their ideas possible. They demand fresher ingredients, healthier dishes, and vegetarian options. Baby boomers are credited with setting the pace for what does and doesn?t work in terms of successful restaurants. If they dine out they want high quality, no matter where they’re eating.

Increasing numbers of people are holding full time jobs, leaving little time to prepare meals at home. Quick serve restaurants continue to be fueled by the consumer?s ever increasing need for convenience. More than half of most adults say they’re busy, and convenience is really a critical part of their lives.

While older consumers demand quality, younger customers want convenience. 55% of consumers between your ages of 25 and 34 admit they’re usually in a hurry and want fast service. This sparks the growing dependence on quick service restaurants. Takeout restaurants may also be a growing trend. 78% of most households in america use take out or delivery service at least one time a month. These people consider themselves very value conscious.

Many investors are buying into co-branded franchises. Co-branding identifies franchising several different brands in one location (Taco Bell, Pizza Hut, & Kentucky Fried Chicken). All three are housed in one building, instead of building three different restaurants. Attestation MAPAQ are responsible for a lot more than 29,000 restaurants, and much more are popping up all the time. Additionally, there are multiple franchising concepts with Dunkin Donuts and Baskin Robbins in the same building.

Some franchisors take their products overseas. Subway has nearly 800 international franchises (not counting Canada). If you add Canada they number around 2,000. How big is the company has helped with their popularity in other countries.

Whether you are selling sandwiches across the sea, or have an upscale dining establishment uptown. The outlook looks strong for food franchising in the next ten years. So long as consumers continue to eat at restaurants, the franchise opportunity will be a gainful one.