The Food Issue
Hungry for Success
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As a reader of Franchise Canada magazine, you know just how diverse franchising is as an industry. The Canadian Franchise Association (CFA) counts more than 60 different industry categories among its membership, from retail to pet services to home repair. There are large franchise brands and emerging systems, traditional brick-and-mortar shops and home-based or mobile businesses. Whatever kind of business you’re looking for, there’s a franchise for that!
When it comes to the public’s first interaction with a franchise brand, often it’s through food. The average Canadian interacts with three to five franchised brands per day, and it’s no surprise that quick-service restaurants (QSRs), coffee shops, bakeries, specialty food retailers, and full-service restaurants make up many of those touchpoints.
The foodservice industry is an economic powerhouse, making an estimated $114 billion in sales each year, according to Restaurants Canada, which also estimates that Canadians make 23 million visits to restaurants every day. It’s a growing industry not only for consumers, but prospective entrepreneurs—36 per cent of Canadian adults (18-54) say they have dreamed of opening a restaurant!
If you count yourself among that number, this issue is for you. In our annual Food Issue, Franchise Canada explores the fantastic food franchises operating across the country.