Coldwell Banker Commercial - Lubbock ,Texas
Aug 3, 2017

Fast food competition: ranking America’s top QSR chains

A new report from QSR Magazine ranks the top fast food chains in the United States and shows which ones operate the most locations and generate the most revenue.
 
The quick service restaurant (QSR) market is fiercely competitive, with chains constantly vying for consumer business and sales dollars. Earlier this week, QSR Magazine released The QSR 50, a detailed ranking of the top fast food restaurants in the nation.
 
According to the report, McDonald’s remains by far the leading fast food chain in the U.S. With $36 billion in sales in 2016, the burger giant accumulated more sales last year than the next three top chains—Starbucks, Subway, and Wendy’s—combined.
 
Here are other noteworthy findings from the QSR Magazine report:
 
  • Chick-fil-A dominates the sales-per-unit category. On average, each Chick-fil-A restaurant raked in $4.4 million in sales in 2016. That’s 63% more than Whataburger, which placed second in that category with an average per-unit annual sales volume of $2.7 million.
  • Starbucks opened more new locations in the U.S. than any other QSR chain on the list, adding 651 units to its network since 2015. Other chains that expended aggressively in the past two years include Dunkin’ Donuts (397 new units), Jimmy John’s (242 new units), and Chipotle (227 new units).
  • Subway shuttered more locations than any other QSR chain in the country since 2015 and now operates 359 fewer locations than in 2015. Other chains with a significant number of closings in the past two years include Tim Hortons (201), Pizza Hut (133), McDonald’s (104), and KFC (103).
  • Subway, despite the recent drop in total number of units, still operates more units than any other fast food chain in the country: 26,744. McDonald’s (14,155 units) and Starbucks (13,172 units) rank second and third in that category.
  • Jersey Mike’s Subs surged in the rankings more than any other chain, rising seven places in the ranking to #33 this year.
  • Church’s Chicken fell the farthest in the rankings, falling four places to #35 this year.

Of the 50 chains in the report, 13 are burger chains, nine are chicken chains, eight are sandwich restaurants, seven are ethnic chains, seven are snack chains, five are pizza chains, and one is a seafood chain.

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Contact: Garrett Haley, (806) 784-3219

Coldwell Banker Commercial Capital Advisors

Source: QSR Magazine