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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 Products Chapter

Design, bid, build contracts

Design, bid, build (DBB) contracts are the standard form of work agreement in the construction sector. In a DBB contract, the property owner or developer hires an architect or designer to render the plans for a structure and then receives bids from general contractors (GCs) for the building process. Because most restaurants built by industry operators are part of a chain with relatively standard designs, floor plans and materials to keep the brand's aesthetic constant, the architect's input is somewhat less important than in the construction of other kinds of buildings. However, this standard contract structure is typically retained in the industry... 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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