Restaurants & Cafes Industry Overview

Companies that own, operate, and/or franchise dining establishments.

Summary

How is the restaurant business like the military? Join either and you're bound to take a lot of orders. The dining industry in the US accounts for more than $500 million in sales and encompasses about 945,000 eating outlets. Restaurants and foodservice operations are typically segmented between full-service and fast-food concepts, but can be further divided into upscale dining and specialty eateries, such as coffeehouses and snack shops.The biggest segment in terms of numbers of locations is fast-food.

Full Restaurants & Cafes Industry Description

Industry Employment Growth Steady

Although the pace of job growth slowed during the last recession, the industry has added jobs at a fairly steady pace of 1 to 2 percent per year for the past decade. Demand is higher in rapidly growing markets. Because the industry is highly labor-intensive, job growth is a good indicator of industry volume.

Full Restaurants & Cafes Industry Trends

• 5 & Diner Franchise Corporation
• Aloha Restaurants, Inc.
• American Dairy Queen Corporation

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Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Restaurants & Cafes maps to a number of NAICS codes including:

Full Restaurants & Cafes Industry Codes

• American Culinary Federation
  
• British Beer & Pub Association
  
• International Association of Culinary Professionals
  

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