Fast casual restaurants represent 14% of all quick-service restaurant sales, compared to 5% nearly 10 years ago. Fast casual restaurants are expected to continue outpacing the industry over the next five years.
Fast casual restaurants now represent 14 percent of all quick-service restaurant sales, compared to 5 percent just ten years ago. They are expected to continue outpacing the industry over the next five years, when fast casual growth is forecasted to compound 8 percent annually.
Even though the fast casual segment is categorized among limited-service restaurants, they also compete strongly with full-service casual dining on several levels.
Fast casual restaurants share a fast-food service system and strong takeout orientation. Check averages tend to be under $9.00. You can further break this segment down into categories that include bakery cafes, Mexican/Southwest, specialty, sandwich, chicken, and burger concepts.
Source: PR Newswire, 1/26/2012