
SPECIAL FRANCHISE FOCUS
Quick Service Franchises
The food service industry hasn’t had it easy lately, with financial pressures and a tight labour market driving up costs and reducing sales. Despite this, the macro-economic conditions of the industry are looking up, and prospective owners are still seeking restaurant franchise opportunities at a high rate: CFA data reveals that when prospective franchisees are asked what kind of franchise they’re looking for, 16 per cent respond with quick service restaurants (QSRs). When expanded to include full-service restaurants (FSRs), that number grows to 29 per cent. Meanwhile, QSRs across Canada are using new tech to drive in-store innovations and meet their diners where they are, and food habits are changing with customers seeking out personalized, convenient, and meaningful dining experiences.
In this special focus on the QSR industry, Franchise Canada reveals several emerging trends that QSRs are embracing to meet consumer demands. Read on to find out why a QSR franchise could be a golden opportunity.