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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 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
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 Investment Chapter

The Restaurant Construction industry has a low level of capital intensity. IBISWorld estimates that the average operator spends $0.02 in capital investment for every $1.00 spent on wages. Likewise, IBISWorld estimates that wages (including both in-house and subcontracted labor) account for 64.1% of industry revenue, while depreciation costs amount to only 1.4% of revenue. While commercial construction as a whole is fairly capital intensive due to the heavy machinery and equipment used to build structures, the general contractor's capital expenses are limited to transportation and computer and office equipment. Construction equipment is typically rented or owned by subcontractors, who may incur heavier depreciation costs and have higher levels of capital intensity... 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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