The quick-service restaurant (QSR) industry includes brands specializing in all sorts of menu items and has never been more robust; it’s predicted to grow 6.5% worldwide by 2026. Researchers forecasted the market size of the QSR industry to reach over $290 billion in 2021, employing over 3.7 million people that year. With over 180,000 QSRs in the United States alone, it can be daunting to decide which of the best QSR franchise deals are right for you.
Here’s what you should look for and consider when researching the best QSR franchises for your investment.
Are They Really One of the Best QSR Franchise Deals? The Importance of Brand Awareness
Increased brand awareness translates into increased brand equity: if your customers know who you are and what products you offer, they are more likely to trust your brand and what it can give them. Without brand awareness, you don’t have a consumer audience, which will negatively impact your sales.
Unlike opening a business on your own, when you invest in a Shipley bakery, you won’t have to build a reputation for yourself. By investing in a well-known brand like Shipley Do-Nuts, you’ll be able to leverage our established brand name and customer base, guaranteeing you instant brand awareness and sales.
Do They Have Multi-Unit QSR Franchise Opportunities to Offer?
Multi-unit franchise ownership is one of the best ways to take advantage of the best quick-service restaurant franchise deals out there. This type of franchise ownership is associated with increased earning potential, reductions in costs thanks to shared resources, and creating a sense of brand consistency in your region.
Shipley’s multi-unit franchise opportunities are designed for entrepreneurs with experience and success investing in the quick-service restaurant industry who want to build their portfolios with another top-performing brand. With a three-store minimum commitment requirement, Shipley Do-Nuts offers a franchise opportunity with growth potential that is ideal for investors.
Does Their Investment Cost Include Quick-Service Franchise Training and Support?
Training and support are the key ingredients to a successful business, and the best quick-service restaurant franchise deals should include initial training and ongoing support as part of their investment fees.
Shipley Do-Nuts prides itself on a franchise process that’s straightforward and transparent. With a monthly royalty that amounts to just 5% of gross sales and a monthly local marketing requirement that costs just 3% of gross sales, Shipley Do-Nuts allows our franchisees to reap more financial rewards.
What Menu Items Do They Have to Offer?
It all comes down to looking at product demand when considering opening a donut shop franchise for your investment. It’s essential to research the demand for a QSR’s product offering before making any investment because nobody wants to sell something that people don’t want to buy, right?
Did you know that over 200 million Americans consumed donuts in 2020 and that 10 billion donuts are made annually in the US? With a market size of $7.3 billion in 2021, donut stores in the United States continue to grow; their popularity among Americans is unwavering.
Shipley Do-Nuts specializes in donuts and our famous and unique kolaches. Luckily for our franchisees, Shipley Do-Nuts offers dozens of choices, from iconic plain glazed to our filled, sprinkled, and powdered donuts. Our franchisees keep their customers coming back for more. On top of that, our signature fruit-filled kolaches are a customer favorite.
Are you interested in our multi-unit franchising opportunities? Contact Shipley Do-Nuts today to join the family!