Buy a Franchise Blog – Trends for 2015 Pt15

January 26th, 2015

Buy A Franchise Seattle, Buy A Franchise Bellevue, Buy A Franchise Unlimited, Buy A Franchise Blog, Buy A Franchise Info

The second wave of fast-casual restaurants is rising, crowding out the originals such as Panera Bread, according to Jim Greco. He could be considered biased, since he just joined Newk’s Eatery as COO and counts Newk’s as one of those “second-wavers” gaining market share at the expense of the stalwarts. But he’s a credible source, having helmed Bruegger’s and Sbarro, and this time around betting on the up-and-coming Newk’s. He points to other examples, as well, such as Zoe’s and Chipotle and Garbanzo’s Mediterranean Grill. “The compelling nature of fast casual is going to be the driving force behind the restaurant industry, and I suspect we’ll continue to see concepts introduced that fill a unique flavor niche or lean on the transparency diners want in their food today,” he says. “Many of them will use franchising as a key to growth. I also think we’ll see acquisitions among the first wave.” Need more proof? Buffalo Wild Wings invested in Rusty Taco in late 2014, the second investment in an emerging fast-casual brand by the chicken wings king.

Buy A Franchise Seattle, Buy A Franchise Bellevue, Buy A Franchise Unlimited, Buy A Franchise Blog, Buy A Franchise Info

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