Quality ingredients: Healthy menu options and niche markets will strengthen industry demand

The Sandwich and Sub Store Franchises industry has experienced consistent growth over the past five years. Franchisees managed to maintain momentum by developing new menu options that capitalize on increasing awareness of the health risks associated with a high-fat diet. As a result, the industry has been able to thrive, despite rapidly evolving consumer preferences for fast food that have led to the stagnation and decline of other quick-service restaurants. Industry operators will continue to contend with stiff external competition from members of the fast-casual food segment. In turn, many operators will continue to expand their menu options to include a wider variety of healthy food options...purchase to read more.

Industry Statistics & Market Size
Revenue
$23bn
Annual Growth 13-18
2.7%
Forecast Growth 18-23
Profit
Employment
427,583
Businesses
37,436
Market Share of Companies

Industry Threats & Opportunities

  • Healthier menu options and catering to niche markets will aid industry growth
  • Restaurant franchises are responding to rising health concerns by expanding their menus
  • Intense competition will likely continue over the next five years
  • Industry Report - Industry Products Chapter

    The Sandwich and Sub Store Franchises industry offers three distinct dining establishment options. The largest segment includes dine-in, limited-service restaurants, which account for 46.8% of industry revenue in 2018. These establishments are individual restaurants that offer consumers the option to eat their meal on the premises or take their food to go. Many of these restaurants are located within strip centers, next to popular shopping areas or in stand-alone buildings. The share of revenue consumed by these restaurants has declined slightly over the five years to 2018, though this segment still comprises the most industry establishments. Thi...purchase to read more.

    Additional Insights for the Sandwich & Sub Store Franchises Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Sandwich & Sub Store Franchises Industry are

  • Aggressive marketing/franchising - given the high level of competition
  • Accessibility to consumers/users
  • Ability to alter goods and services produced in favor of market conditions
  • IBISWorld analysts also discuss how external factors such as Consumer spending and Healthy eating index in the Sandwich & Sub Store Franchises industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What's in this report

    What is the Sandwich & Sub Store Franchises Industry?

    This industry comprises franchise establishments that prepare and serve custom sandwiches and subs. Reports in the IBISWorld Business Franchise collection focus solely on the operation of franchised outlets and exclude nonfranchise data. They show the total number of franchise outlets, franchise network-sales (revenue) and the average profit margin earned by franchisees. These reports also highlight the largest franchisors by market share.

    Industry Products
  • Limited-service restaurants
  • Takeout restaurants
  • Cafeteria restaurants
  • Industry Activities
  • Franchising sandwich and sub stores
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Consumer spending
  • Healthy eating index
  • Agricultural price index
  • Consumer Confidence Index

  • Current Performance
  • Health-conscious consumers set the bar
  • Industry growth
  • Chart: Revenue Growth

  • Industry Outlook
  • Improving conditions
  • Industry development
  • International expansion
  • Table: Sandwich & Sub Store Franchises Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Sandwich & Sub Store Franchises Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Commercial Leasing
  • Corn, Wheat & Soybean Wholesaling
  • Egg & Poultry Wholesaling
  • Fast Food Restaurants
  • Fruit & Vegetable Wholesaling
  • Restaurant & Hotel Equipment Wholesaling

  • Products & Services
  • Limited-service restaurants
  • Cafeteria restaurants
  • Takeout restaurants
  • Chart: Sandwich & Sub Store Franchises Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Households with income of $50,000 and below
  • Households with income of $50,000 to $100,000
  • Households with income of $100,000 and above
  • Chart: Major Market Segmentation for the Sandwich & Sub Store Franchises Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesFranchise fees
  • Chart: Cost Structure Benchmarking – Sector vs Sandwich & Sub Store Franchises

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Sandwich & Sub Store Franchises Industry

  • Industry Globalization
    Subway, Jimmy John's,
  • Table: Subway - financial performance
  • Table: Jimmy John's - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Sandwich & Sub Store Franchises Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Sandwich & Sub Store Franchises Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Consumer spending (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Franchisee
  • The party in a franchising agreement that is purchasing the right to use a business's trademarks, associated brands and other proprietary knowledge in order to open a branch.
  • Franchisor
  • The owner of the original operation that decides to allow other people to replicate their system in exchange for a fee.
  • Qsr
  • A quick-service restaurant, characterized both by its fast food cuisine and by minimal table service.
  • Royalties
  • Ongoing fees paid to the franchisor by franchisees in respect of ongoing training and support services provided, usually a percentage of revenue.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Sandwich & Sub Store Franchises Industry Research Report offers insight into the market at the national level. Our analysis highlights macro trends in the overall sector and the micro trends faced by companies that do business in the Sandwich & Sub Store Franchises industry. Our five-year outlook forecasts explain how the market is set to change and the product segments that will drive growth.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Sandwich & Sub Store Franchises:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Sandwich & Sub Store Franchises market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Sandwich & Sub Store Franchises, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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