The fast-casual restaurant industry is growing, and now is a great time to invest. People love that fast-casual restaurants like The Great Greek Mediterranean Grill allow them to enjoy high-quality food without the wait and expense of a typical sit-down restaurant. That convenience has helped the fast-casual sector to see rapid growth: it’s predicted to grow by a CAGR of 10.6% between 2021-2027! At that rate, the industry will be valued at $209.1 billion.
If you’re an investor looking to build a thriving new business, the fast-casual industry is a great place to start. Here, learn more about the benefits of investing in the industry and how The Great Greek can help.
Americans Want Healthier Options
For years, restaurants have known that Americans are trying to eat healthier. Fast-casual restaurants like The Great Greek sprang up because customers wanted a convenient option that was fresher and healthier than burgers and fries.
CISION PR Newswire reports that Americans are driving much of the industry’s growth:
Based on region, North America accounted for the highest share based on revenue, holding for nearly half of the global fast-casual restaurant market in 2019, and is projected to maintain its dominant position throughout the forecast period. This is due to rapid transition toward healthy preferences in terms of food choices in this region.
The Great Greek meets this demand for our customers. Our menu features Greek and Mediterranean classics and innovative new dishes inspired by trending consumer tastes. Everything we serve is fresh and of the highest quality. Menu items like Greek salads, tzatziki, and chicken souvlaki allow customers to indulge while still being mindful of their health.
It’s Simple to Set up a New Location
Another great reason to break into the fast-casual industry is that it’s simple to set up new locations. Unlike restaurants that focus on sit-down dining, The Great Greek has flexible location requirements. Furthermore, our team knows what to look for in a new location, so you can expect substantial support when it comes to real estate.
Location selection is just the tip of the iceberg. The Great Greek makes it simple to build out, furnish, and open your restaurant as well. That’s because we’ve established a streamlined process for franchisees to work through. We think you’ll be amazed at how simple it is to set up a fast-casual restaurant when you have our team to guide you.
As you can see, it’s a great time to break into the fast-casual industry. Contact The Great Greek today to learn more about what goes into opening a new restaurant.