Industry Analysis & Industry Trends
The industry has performed relatively well over the past five years. Although consumers tend to trade up to more expensive restaurant meals during periods of economic growth, the consumer preference for cheaper, on-the-go food has persisted despite the improving consumer backdrop of the past five years. Takeaway operators have also responded to higher levels of consumer expenditure by introducing higher quality food, often using organic produce. Operators in the industry have had to respond to consumer demand for low-fat, low-sugar and low-salt meal options. Some operators have responded to this trend by adding healthier options to their menus... purchase to read more
Industry Report - Starting a New Business Chapter
The barriers to entry for the industry are relatively low. The main issue faced by prospective operators is securing the capital investment required to purchase or establish a new store. Capital costs can be high relative to fitting out the shop; installing a commercial kitchen is the most expensive task for any operator. However, leasing of both shops and equipment can significantly lower initial capital outlay costs. Operators involved with major franchise businesses are required to pay royalty fees of up to 8% of annual revenue, together with an additional advertising levy of between 1% and 4% of revenue.
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