Did you know that the combination of warm oven-baked bread with a variety of toppings was a dish even prepared in the Neolithic age? Sure, there wasn’t a pizza franchise that was ready for order 12,000 years ago, but the concept of pizza and the popularity it’s developed has an extensive history. Popular franchises have turned pizza into the food industry giant that it has become today, which has made it one of the most popular foods in America. Find out why franchisees are raving about their businesses in the pizza industry and why it may be time for you to grab a slice.
Pizza Around Every Corner
Maybe the reason that Americans can’t help themselves from caving into treating themselves to a sizzling pizza is the amount popular franchises that are located everywhere. According to estimates, the amount of pizza restaurants from the span of 2012 to 2018 has increased by more than 5,000 locations in the United States. Popular franchises are estimated to make up around 45% of this growth of almost 77,000 units nationwide. The consistent growth of the units in this industry stems from the increasing demand that comes from the product. Franchisees are continually seeking a product that craves this kind of demand, and these popular franchises are providing them that opportunity to open their own location.
A Dough Filled Industry That’s Rising
One of the parts of the pizza industry that matches and surpasses the number of restaurants opening is the revenue this industry has created. Rising sales totals are showing growth annually and are proving that the growth of the pizza industry is retainable. In 2018 it was estimated that the sales totals for independent pizzerias and popular franchises would reach around $45.73 billion in the United States. The pizza franchise was more than a substantial reason for this number as chains made up upwards to 58% of this annual revenue. There seem to be no signs of decline for the pizza industry that has a projected revenue reaching $47 billion in 2019. These types of numbers are what continuously invigorate and motivate Round Table Pizza franchisees to continue to provide a high quality of service.
Everyone Wants a Slice
As you can most likely tell from the rising numbers in industry popularity, the only challenge that comes with running a pizza franchise is meeting the demand. Round Table Pizza equips our franchise owners with all the information and resources they need to meet that traffic of our popular franchises. Statistics of annual pizza consumption are reaching incredible heights– three billion pizzas are sold every year in the United States. Numbers suggest annual consumption has led to more than 41% of Americans eating pizza every week with one in eight eating pizza on any given day. Statistics like these have made it clear to see why pizza is considered one of the most popular foods for Americans.
When investing in a pizza franchise, you will be walking into a thriving industry that has a long track record of success and growth. If you’d like to hear more about how our popular franchises can benefit you, contact us at any time!