Jared Anderson’s Post

One of the most common ways to compare #franchiseopportunities is to look at AUV (Average Unit Volume). Here's a great example; while McDonald's and Wendy's certainly have more recognized brand names, did you know the average Chick-fil-A restaurant does TWICE as much in sales versus the more mature competitor? Don't always count on the well-known brands for your business success - sometimes those "new kids" offer greater #opportunities! https://lnkd.in/gPPYZw7Z

Which restaurant metrics is your franchise measuring to drive success? Setting and tracking the right KPIs is crucial to: ⚡ Optimizing operations across a franchise network 📈 Ensuring consistent performance 💰 Boosting profitability for each location 👉 Discover the 15 key metrics that will help you make strategic, data-driven decisions and fuel growth: https://lnkd.in/d3v4gGHC And while you're there, gain access to our FREE metrics calculator to unlock your numbers. #restaurantKPIs #restauranttechnology

In a recent analysis of the pizza market, Technomic, a prominent forecasting and metrics tracking service for the food-service industry, revealed that a significant 86% of all consumer spending on pizza occurs at foodservice operators, with only 14% being spent at retailers. The findings shed light on the evolving landscape of both away-from-home and at-home #pizza consumption, as shared in a press release by Technomic. Read more: https://buff.ly/48T8Y9o #pizzafrachise

🌟 Strategic Growth Plan: El Pollo Loco, Inc.’s CEO, Liz Williams, unveils a five-part strategy to boost sales and reduce costs, focusing on brand awareness, digital innovation, and operational efficiency. 🐔 Brand Differentiation: Emphasizing grilled chicken and Mexican flavors, the company aims to stand out in the fast-growing food categories, ensuring quality and fast service1. 📱 Digital First: Investments in customer-facing technology like loyalty programs, online ordering, and kiosks are key to improving the guest experience and operational speed. 💼 Franchise Growth: With an updated brand image and remodel program, El Pollo Loco is set to lower buildout costs and offer franchise incentives to drive expansion. The article details El Pollo Loco’s ambitious plans to become a national brand with a focus on quality, innovation, and franchisee support. 🚀

I'm constantly amazed at how Chick-fil-A Restaurants continues to transform the restaurant industry. Their innovative approach to franchise development sets them apart from the rest. Traditionally, high average unit volume (AUV) brands grow through multi-unit franchise development, requiring operators to commit to opening multiple locations at once (typically 3 or 5 pack clips). However, Chick-fil-A takes a different approach. They stick to their tried and true 1 unit per operator model, with the lowest buy-in in the industry at just $10,000. This unique strategy opens up opportunities for best-in-class operators, not just millionaires seeking a good investment. By allowing operators to focus on one location, Chick-fil-A ensures that each restaurant receives the utmost attention and dedication. This approach also benefits the local communities where Chick-fil-A restaurants are located. With dedicated operators overseeing each establishment, customers can expect consistent quality and service. Chick-fil-A's commitment to providing value goes beyond their delicious menu. They prioritize creating opportunities for passionate individuals who may not have the financial means to invest in multiple locations. This inclusivity sets them apart and contributes to their ongoing success. If you're looking to invest in a franchise or simply want to support a brand that values its operators and customers, Chick-fil-A is a prime example. Good luck applying though as the odds are less than 1 in 70,000 applicants get approved for a franchise. How do you think they'll do with their Europe expansion? #Chickfila #FranchiseDevelopment #Innovation #qsr #franchising

McDonald's is making a bold move with its new CosMc's spinoff! The latest from MarketScale reveals how this 'beverage concept' is set to revolutionize the QSR industry. The key? Insane profit margins and reduced operational stress. This isn't just a win for McDonald's; it's a game-changer for the entire fast-food landscape. The genius behind CosMc's lies in its blend of nostalgia and modern innovation - think The Jetsons meets 2023! It's clear that decision-making at McDonald's is evolving, balancing nostalgic branding with forward-thinking menu options. For B2B professionals, this is a textbook example of how to blend traditional business models with innovative strategies to stay ahead. Whether you're in food and beverage or any other industry, there's a lesson here in agility and customer-centric innovation. #Innovation #BusinessStrategy #QSRIndustry #McDonaldsCosMcs #B2BInsights

#learning and #sharing with the #icecream industry: Always happy to read ice cream success stories: " ...sealing over 40 new franchise location agreements in 2023...This expansion catapults Bruster's Real Ice Cream, eclipsing the 200-location milestone. Bruster’s has excelled with record-breaking AUV’s and positive same-store sales growth for 10 consecutive years, with 124 stores setting all-time sales records in 2023, highlighting its strength in the industry. The numbers speak volumes, painting a portrait of Bruster’s as a formidable player in the industry." https://lnkd.in/e85CJqUX #icecream #food #foodandbeverageindustry #foodinnovation #frozenfood #dessert #desserts #treats #sweets #dairyproducts #foodservice #businessstrategy #businessexpansion #international #foodie #businessstrategy

B.good is known for its fresh burgers made with local ingredients. In their first 8 years, they had 8 outlets in Boston, all company owned. By the next 7 years, they rapidly scaled to a fleet of 69 stores. They chose the franchise route while trying to preserve their ‘fresh and local’ core value. But the company struggled. The scale was a challenge to their ‘fresh and local’ core value. Neither could they preserve their value, nor could they deliver new value. Now they are down to 13 outlets. What should they have done? 𝐎𝐏𝐓𝐈𝐎𝐍 𝟏: Stick to the core value proposition and accepted the less aggressive slow growth? 𝗢𝗥 𝐎𝐏𝐓𝐈𝐎𝐍 𝟐: : Abandon core value proposition on realizing they hinder growth and chased growth? #growth #strategy #scale Gary Pisano