Looking to invest in a restaurant franchise opportunity? Are you a QSR type or FSR type? Let’s break down what these two franchise types are to help you decide.
If you are a passionate entrepreneur who wants to grow your business with various types of revenues, then a “Quick-Service Restaurant” (QSR) is a great choice.
“Fast casual restaurants are well positioned to capitalize because quality and menu innovation are at the forefront of everything that we see in fast casual, be it from coffee to burgers.” – Mark Dempsey, Restobiz
Here are some more reasons a QSR might be the right business model for you:
When it comes to millennial spending habits, quick service restaurants (QSR) are in a strong position. According to Shopkick, Millennials are more willing than other generations to eat out and eat on the go.
The Lunch Market
According to QSR Magazine, consumers visit fast-food and fast-casual restaurants for lunch more often than FSRs, largely due to time pressures.
This form of dining has price points of approximately $15 per meal and offers menus with a much wider range, appealing to diverse, more sophisticated palates.
Therefore, these business opportunities are best suited to those with deep experience in the industry, who are looking to step things up.
Some other reasons an FSR might be the right business model for you:
Many full-service restaurants have been reluctant to use delivery platforms due to high commission fees, however, at Recipe, we absorb this cost on our franchisee’s behalf.
Health & Wellness
People have become more concerned about the nutritional value of their food and their children’s food. Therefore, having diverse food options is an asset.
So, what’ll it be? QSR or FSR?
Contact us today to find your answer.
Despite the massive challenges that the restaurant community is currently facing, the Recipe Franchising Team would like to extend our message of reassurance. Having been in business for over 137 years, we are confident we can get through this challenging time just like many others in the past. We take pride and ownership in the well being, health and safety of our franchisees, associates and customers. Recipe Franchising is looking towards the future with hope and continuous growth. With the challenges at hand, The Recipe Franchising Team has adopted a new process that we like to call "Frictionless Franchising", a way for you to meet, research, investigate and explore new franchising opportunities with us from the comfort of your home. We want to make sure that we are always here to answer your questions, inquiries, and help anyway we can. Please do not hesitate to contact us.
Stay healthy and stay safe.
The Recipe Franchising Team