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Full-Service Restaurants in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Full-Service Restaurants in Canada Market Research Report | NAICS 72211CA | Dec 2013

Order up: Industry revenue will improve as corporate profit and consumer spending increase

IBISWorld’s Full-Service Restaurants market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$22bn
Annual Growth 08-13
0.5%
Annual Growth 13-18
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Profit
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Employment
361,618
Businesses
35,985
Industry Analysis & Industry Trends

Industry revenue took a hit over the past five years due to low consumer confidence. As consumers cut back on discretionary spending, quick-service restaurants have outperformed full-service restaurants thanks to their more affordable prices. Nevertheless, the industry is expected to perform better over the next five years because of an improving Canadian economy and strengthening consumer sentiment... purchase to read more

Industry Report - Starting a New Business Chapter

Like many industries, the main barrier to entry new operators face is access to capital. Opening a new restaurant is an expensive venture: equipment must be purchased, buildings must be leased and fitted out and suppliers and staff paid with reserve capital until the business can maintain a positive cash flow. Capital requirements can be alleviated to some degree by renting or leasing equipment or by joining a franchise. Franchises have existing equipment, training and systems in place that new operators can take advantage of. However, there are obvious disadvantages to joining a franchise, namely the loss of control over the brand and the annual royalty expenses... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Full-Service Restaurants Industry?

The industry includes restaurants that provide food services to patrons who order and are served while seated (i.e. waiter or waitress service) and pay after eating. These establishments may provide this type of food service to patrons in combination with selling alcoholic and other beverages.

Industry Products
Asian restaurantsMexican restaurantsCanadian restaurantsEuropean restaurantsSeafood restaurantsSteakhousesPizza restaurants
 
Industry Activities
Serving food and beverages to customersOwning and operating full-service restaurantsManaging chain or franchised restaurants


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