Does Your Neighborhood Have A Few New Places To Dine Out? Franchise Restaurants Grew In 2012

July 1, 2013  |  

From Black Enterprise

Thanks to cheap, available credit and numerous acquisition opportunities, the nation’s largest restaurant franchisees grew in size and scope in 2012, according to the Monitor 200, the annual ranking of the 200 largest restaurant franchisees in the nation published by the Restaurant Finance Monitor.

Combined, the 200 largest restaurant franchisees recorded $26.3 billion in sales and operated 20,331 total units in 2012, both up more than 10 percent from the previous year, and up 20 percent from depths of the recession in 2009.

For more about this huge change in the franchise restaurant business, click through to Black Enterprise.

Trending on MadameNoire

Comment Disclaimer: Comments that contain profane or derogatory language, video links or exceed 200 words will require approval by a moderator before appearing in the comment section. XOXO-MN