Focusing on Your Restaurant
Restaurants are a large part of the American society and with 945,000 restaurant locations for consumers to choose from, it’s imperative that you put work into making your restaurant stand out from the bunch.
Whether you’re a franchisee, franchisor or you own a single location, having the funds to plunge into your restaurant for advertising, renovating, expansion and inventory is crucial to the growth and development of your business.
Merchant Resources’ restaurant funding program can provide you with up to $500,000 for your restaurant, to help you gain customers and increase sales.
Some Restaurant Facts at a Glance
(2010 Restaurant Industry Overview – National Restaurant Association)
- Sales: $580 billion
- Locations: 945,000
- Employees: 12.7 million — one of the largest private-sector employers
- Restaurant-industry share of the food dollar: 49%
- $1.6 billion: Restaurant-industry sales on a typical day in 2010.
- $2,698: Average household expenditure for food away from home in 2008.
- 40 percent of adults agree that purchasing meals from restaurants and take-out and delivery places makes them more productive in their day-to-day life.
- 73 percent of adults say they try to eat healthier now at restaurants than they did two years ago.
- 57 percent of adults say they are likely to make a restaurant choice based on how much a restaurant supports charitable activities and the local community.
- 78 percent of adults say they would like to receive restaurant gift cards or certificates on gift occasions.
- 52 percent of adults say they would be more likely to patronize a restaurant if it offered a customer loyalty and reward program.
- 57 percent of adults say they are likely to make a restaurant choice based on how much a restaurant supports charitable activities and the local community.
- 56 percent of adults say they are more likely to visit a restaurant that offers food grown or raised in an organic or environmentally friendly way.
- 78 percent of adults agree that going out to a restaurant with family or friends gives them an opportunity to socialize and is a better way to make use of their leisure time than cooking and cleaning up.
