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THIS JUST IN
Limited-Service Sandwich Chains Bucking Downtrend by Karlene Lukovitz 7 minutes ago |
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Further, at a time when other types of restaurant formats are increasingly moving to smaller footprints to improve economics, LSS chains are already there. Building, franchise and overhead costs for LSS units are a fraction of those required for bigger formats, notes Technomic's Darren Tristano. "One person can run one of these restaurants and make a pretty decent living."
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TOP STORY
S&P: Large QSRs Positive, Casual Chains Weak
by Karlene Lukovitz |
S&P's analysts noted that McDonald's and Burger King each achieved "meaningful" same-store sales increases last year, reflecting their leveraging of breakfast, snack and late-night opportunities. In addition, their stable-to-improved margins reflected their advantages as franchisors that directly operate only small percentages of their total restaurant systems.
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