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Restaurant Construction in the US: Market Research Report

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

Restaurant Construction Market Research Report | Specialist Engineering, Infrastructure & Contractors | Commercial & Institutional Buildings | Mar 2015

Dining out: After a big dip, renewed demand and low interest rates will spur growth

IBISWorld’s Restaurant Construction market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 10-15
8.8%
Annual Growth 15-20
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Profit
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Employment
94,643
Businesses
847
Industry Analysis & Industry Trends

The Restaurant Construction industry experienced vastly improved conditions over the five years to 2015. Decreased unemployment and improved disposable income during the recovery period resulted in a greater number of consumers increasing their discretionary expenditures, with restaurant spending growing nominally in each year over the time period. With increased consumer spending and moderately looser credit conditions, restaurants were able to address their previously deferred expansion and remodeling plans and began entering the industry. In the coming years, the industry is expected to continue to gain strength, albeit at a slower and more sustainable rate.... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Restaurant Construction industry has a very low level of market share concentration, with the four largest companies combined accounting for less than 4.0% of industry revenue. The vast majority of firms in the industry are small-scale, local contractors that perform fewer than five contracts per year. As such, rarely does a single general contractor earn enough revenue from restaurant construction to achieve a significant share of the market. The industry's largest firms typically operate throughout a few regional states, with the occasional project in another part of the country. However, even these firms generate a very small percentage of total industry revenue. The fundamentally fragmented nature of the industry is not expected to change during the next five years... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Restaurant Construction Industry?

This industry includes operators that engage in new work, additions and reconstruction projects for food service establishments. These include commercial construction projects for fast food restaurants, single-location restaurants, chain restaurants and bars with full food services.

Industry Products
Design, bid, build contractsDesign-build contractsRemodels, alterations and additions
 
Industry Activities
Addition, alteration and renovation workFast food restaurant constructionSingle-location restaurant constructionChain restaurant constructionBars and pubs with full food service construction


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