fast food center business plan

Fast Food Business Plan Template

Written by Dave Lavinsky

Business Plan Outline

• Fast Food Business Plan Home
• 1. Executive Summary
• 2. Company Overview
• 3. Industry Analysis
• 4. Customer Analysis
• 5. Competitive Analysis
• 6. Marketing Plan
• 7. Operations Plan
• 8. Management Team
• 9. Financial Plan

Fast Food Restaurant Business Plan & Template

You’ve come to the right place to create your fast food business plan.

We have helped over 100,000 entrepreneurs and business owners create business plans and many have used them to start or grow their fast food businesses.

Fast Food Business Plan Example

Below are links to each section of a fast food restaurant business plan sample:

Next Section: Executive Summary >

Fast Food Business Plan FAQs

What is a fast food business plan.

A fast food business plan is a plan to start and/or grow your fast food restaurant. Among other things, it outlines your business concept, identifies your target customers, presents your marketing plan and details your financial projections.

You can  easily complete your fast food business plan using our Fast Food Business Plan Template here .

What Are the Main Types of Fast Food Businesses?

There are many types of fast food businesses. The most common fast food restaurants serve hamburgers, fries, and soft drinks. Other common fast food establishments serve chicken, Chinese food, Mexican food, and pizza. There is a recent trend in fast food restaurants serving healthier options such as smoothies, wraps, sandwiches, and salads. A fast food restaurant can be centered around any food genre that is able to be prepared fast and in large quantities to serve multiple customers daily.

What Are the Main Sources of Revenue and Expenses for a Fast Food Restaurant?

The primary source of revenue for a fast food restaurant are the food and drink items sold at the establishment.

The key expenses are the costs to source the ingredients for the menu items, kitchen equipment and supplies, overhead expenses for the staff and rent, and any marketing costs the restaurant chooses to partake in.

What is the Difference Between a Franchise and Non-Franchise Fast Food Restaurant?

A franchise fast food restaurant is a business that is owned and operated by someone who has a contract with a larger company. That company provides the products, training, and marketing for the smaller business. A non-franchise fast food restaurant is a business that is independently owned and operated.

Franchise fast-food restaurants have a set of guidelines and standards to which they must adhere in order to use the franchise name. Non-franchise fast food restaurants do not have these guidelines and can vary greatly in terms of quality, cleanliness, and customer service.

How Do You Get Funding for Your Fast Food Business?

Fast food businesses are most likely to receive funding from banks. Typically you will find a local bank and present your business plan to them. Another option for a fast food business is to obtain a small business loan. SBA loans are a popular option as they offer longer loan terms with lower interest rates. Outside investors, crowdfunding, and/or friends or family are other typical funding options. This is true for a fast casual restaurant business plan or a takeout restaurant business plan.

What are the Steps To Start a Fast Food Business?

Starting a fast food restaurant can be an exciting endeavor. Having a clear roadmap of the steps to start a successful fast food business will help you stay focused on your goals and get started faster.

1. Write A Fast Food Business Plan - The first step in starting a business is to create a detailed fast food business plan that outlines all aspects of the venture. This should include market research on the fast food industry and potential target market size, information on your fast food menu, marketing strategy, pricing strategy and a detailed financial forecast.  

2. Choose Your Legal Structure - It's important to select an appropriate legal entity for your fast food business. This could be a limited liability company (LLC), corporation, partnership, or sole proprietorship. Each type has its own benefits and drawbacks so it’s important to do research and choose wisely so that your fast food business is in compliance with local laws.

3. Register Your Fast Food Restaurant   - Once you have chosen a legal structure, the next step is to register your fast food business with the government or state where you’re operating from. This includes obtaining licenses and permits as required by federal, state, and local laws. 

4. Identify Financing Options - It’s likely that you’ll need some capital to start your fast food business, so take some time to identify what financing options are available such as bank loans, investor funding, grants, or crowdfunding platforms. 

5. Choose a Location - Whether you plan on operating out of a physical location or not, you should always have an idea of where you’ll be based should it become necessary in the future as well as what kind of space would be suitable for your operations. 

6. Hire Employees - There are several ways to find qualified employees including job boards like LinkedIn or Indeed as well as hiring agencies if needed – depending on what type of employees you need it might also be more effective to reach out directly through networking events. 

7. Acquire Necessary Fast Food Equipment & Supplies - In order to start your fast food business, you'll need to purchase all of the necessary equipment and supplies to run a successful operation. 

8. Market & Promote Your Business - Once you have all the necessary pieces in place, it’s time to start promoting and marketing your fast food business. Marketing efforts includes creating a website, utilizing social media platforms like Facebook or Twitter, and having an effective Search Engine Optimization (SEO) strategy. You should also consider traditional marketing techniques such as radio or print advertising to reach your target audience.

Where Can I Get a Fast Food Business Plan PDF?

You can download our free fast food business plan template PDF here. This is a sample fast food business plan template you can use in PDF format.

• Sample Business Plans
• Food, Beverage & Restaurant

Fast Food Restaurant Business Plan

Planning on starting a fast food restaurant? It can be an excellent way to create a niche business, serve a diverse customer base, and make a great career in the food service industry, but you need detailed planning for it.

That’s where you need a business plan; it will not only help you secure funding but will also provide a roadmap for seamless business operations.

Need help writing a business plan for your fast food restaurant business? You’re at the right place. Our fast food restaurant business plan template will help you get started.

Free Business Plan Template

Download our free fast food restaurant business plan template now and pave the way to success. Let’s turn your vision into an actionable strategy!

• Fill in the blanks – Outline
• Financial Tables

How To Write A Fast Food Restaurant Business Plan?

Writing a fast food restaurant business plan is a crucial step toward the success of your business. Here are the key steps to consider when writing a business plan:

1. Executive Summary

An executive summary is the first section planned to offer an overview of the entire business plan. However, it is written after the whole business plan is ready and summarizes each section of your plan.

Here are a few key components to include in your executive summary:

• Market Opportunity: Summarize your market research, including market size, growth potential, and marketing trends. Highlight the opportunities in the market and how your business will fit in to fill the gap.
• Products and Services: Highlight your food menu and the services you will offer to your customers. Describe any special dishes you serve.
• For instance, your products and services may include menu items, combo meals, takeout and delivery services, combo meals, and catering services.
• Marketing & Sales Strategies: Outline your sales and marketing strategies—what marketing platforms you use, how you plan on acquiring customers, etc.
• Financial Highlights: Briefly summarize your financial projections for the initial years of business operations. Include any capital or investment requirements, associated startup costs, projected revenues, and profit forecasts.
• Call to Action: Summarize your executive summary section with a clear CTA, for example, inviting angel investors to discuss the potential business investment.

Ensure your executive summary is clear, concise, easy to understand, and jargon-free.

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2. Business Overview

The business overview section of your business plan offers detailed information about your restaurant. The details you add will depend on how important they are to your business. Yet, business name, location, business history, and future goals are some of the foundational elements you must consider adding to this section:

• Business Description: Describe your business in this section by providing all the basic information:
• Vegetarian fast food restaurants
• Pizza chains
• Mexican fast food restaurants
• Asian fast food restaurants
• Sandwich shops
• Fried seafood restaurants

Describe the legal structure of your fast food restaurant, whether it is a sole proprietorship, LLC, partnership, or others.

• Owners: List the founders or owners of your fast food restaurant. Describe what shares they own and their responsibilities for efficiently managing the business.
• Mission Statement: Summarize your business’ objective, core principles, and values in your mission statement. This statement needs to be memorable, clear, and brief.
• Business History: If you’re an established fast food restaurant business, briefly describe your business history, like—when it was founded, how it evolved over time, etc.
• Additionally, If you have received any awards or recognition for excellent work, describe them.
• Future Goals: It’s crucial to convey your aspirations and vision. Mention your short-term and long-term goals; they can be specific targets for revenue, market share, or expanding your services.

This section should provide a thorough understanding of your business, its history, and its future plans. Keep this section engaging, precise, and to the point.

3. Market Analysis

The market analysis section of your business plan should offer a thorough understanding of the industry with the target market, competitors, and growth opportunities. You should include the following components in this section.

• Target market: Start this section by describing your target market. Define your ideal customer and explain what types of services they prefer. Creating a buyer persona will help you easily define your target market to your readers.
• For instance, young adults, millennials, and busy professionals can be an ideal target market for a fast food restaurant.
• Market size and growth potential: Describe your market size and growth potential and whether you will target a niche or a much broader market.
• Competitive Analysis: Identify and analyze your direct and indirect competitors. Identify their strengths and weaknesses, and describe what differentiates your fast food restaurant from them. Point out how you have a competitive edge in the market.
• Market Trends: Analyze emerging trends in the industry, such as technology disruptions, changes in customer behavior or preferences, etc. Explain how your business will cope with all the trends.
• For instance, there is an increasing demand for healthier food options; explain how you plan to cater to this growing market.
• Regulatory Environment: List regulations and licensing requirements affecting fast food restaurants, such as business registration, insurance, food service license, employment, and environmental regulations.

Here are a few tips for writing the market analysis section of your fast food business plan:

• Conduct market research, industry reports, and surveys to gather data.
• Provide specific and detailed information whenever possible.
• Illustrate your points with charts and graphs.
• Write your business plan keeping your target audience in mind.

4. Products And Services

The product and services section should describe the specific services and products that will be offered to customers. To write this section should include the following:

• Fast Food Menu: Start this section by offering an overview of your fast food menu. Include the details about the types of cuisine, dietary options you provide, and any signature dishes.
• Beverages and Desserts: Besides the fast food items, mention if your restaurant serves any other beverages such as tea, coffee, soft drinks, juices, and desserts or treats. For instance, dramatic style involves using longer & thicker lashes for a glamorous look.
• Food Preparation and Safety Measures: This section should explain your food preparation process, cooking methods, and how your business aligns with food safety regulations.Your safety measures may include maintaining cleanliness, regular sanitization, and conducting regular staff training programs.
• Special Services: Mention if your fast food restaurant offers any additional services. You may include services like online ordering, drive-thru, and valet parking.

In short, this section of your fast food restaurant plan must be informative, precise, and client-focused. By providing a clear and compelling description of your offerings, you can help potential investors and readers understand the value of your business.

5. Sales And Marketing Strategies

Writing the sales and marketing strategies section means a list of strategies you will use to attract and retain your clients. Here are some key elements to include in your sales & marketing plan:

• Unique Selling Proposition (USP): Define your business’s USPs depending on the market you serve, the equipment you use, and the unique services you provide. Identifying USPs will help you plan your marketing strategies.
• For example, fresh and quality ingredients, unique menu items, sustainability, and ethical practices could be some of the great USPs for a fast-food restaurant.
• Pricing Strategy: Describe your pricing strategy—how you plan to price your products and services and stay competitive in the local market. You can mention any discounts you plan on offering to attract new customers.
• Marketing Strategies: Discuss your marketing strategies to market your services. You may include some of these marketing strategies in your business plan—social media marketing, Google ads, brochures, email marketing, content marketing, and print marketing.
• Sales Strategies: Outline the strategies you’ll implement to maximize your sales. Your sales strategies may include offering loyalty programs, online food delivery services, and creating corporate accounts.
• Customer Retention: Describe your customer retention strategies and how you plan to execute them. For instance, introducing loyalty programs, focusing on personalized service, offering promotions, etc

Overall, this section of your fast food restaurant business plan should focus on customer acquisition and retention.

Have a specific, realistic, and data-driven approach while planning sales and marketing strategies for your fast food restaurant, and be prepared to adapt or make strategic changes in your strategies based on feedback and results.

6. Operations Plan

The operations plan section of your business plan should outline the processes and procedures involved in your business operations, such as staffing requirements and operational processes. Here are a few components to add to your operations plan:

• Staffing & Training: Mention your restaurant’s staffing requirements, including the number of employees or kitchen staff needed. Include their qualifications, the training required, and the duties they will perform.
• Operational Process: Outline the processes and procedures you will use to run your fast food restaurant. Your operational processes may include restaurant opening, staff assignments, food preparation and cooking, order fulfillment, cleanliness and sanitization, and closing procedures.
• Equipment & Machinery: Include the list of equipment and machinery required for fast food restaurants, such as refrigerators, coffee machines, ice machines, POS systems, Utensils and kitchen tools, and food preparation equipment.
• Explain how these technologies help you maintain quality standards and improve the efficiency of your business operations.

Adding these components to your operations plan will help you lay out your business operations, which will eventually help you manage your business effectively.

7. Management Team

The management team section provides an overview of your fast food restaurant’s management team. This section should provide a detailed description of each manager’s experience and qualifications, as well as their responsibilities and roles.

• Founders/CEO: Mention the founders and CEO of your fast food restaurant, and describe their roles and responsibilities in successfully running the business.
• Key managers: Introduce your management and key members of your team, and explain their roles and responsibilities.
• It should include key executives, master chefs, senior management, and other department managers (e.g. operations manager.) involved in the fast food restaurant operations, including their education, professional background, and any relevant experience in the food industry.
• Organizational structure: Explain the organizational structure of your management team. Include the reporting line and decision-making hierarchy.
• Compensation Plan: Describe your compensation plan for the management and staff. Include their salaries, incentives, and other benefits.

This section should describe the key personnel for your fast food restaurant, highlighting how you have the perfect team to succeed.

8. Financial Plan

Your financial plan section should provide a summary of your business’s financial projections for the first few years. Here are some key elements to include in your financial plan:

• Profit & loss statement: Describe details such as projected revenue, operational costs, and service costs in your projected profit and loss statement . Make sure to include your business’s expected net profit or loss.
• Cash flow statement: The cash flow for the first few years of your operation should be estimated and described in this section. This may include billing invoices, payment receipts, loan payments, and any other cash flow statements.
• Balance Sheet: Create a projected balance sheet documenting your business’s assets, liabilities, and equity.
• Break-even point: Determine and mention your business’s break-even point—the point at which your business costs and revenue will be equal.
• This exercise will help you understand how much revenue you need to generate to sustain or be profitable.
• Financing Needs: Calculate costs associated with starting a fast food restaurant, and estimate your financing needs and how much capital you need to raise to operate your business. Be specific about your short-term and long-term financing requirements, such as investment capital or loans.

Be realistic with your financial projections, and make sure you offer relevant information and evidence to support your estimates.

9. Appendix

The appendix section of your plan should include any additional information supporting your business plan’s main content, such as market research, legal documentation, financial statements, and other relevant information.

• Add a table of contents for the appendix section to help readers easily find specific information or sections.
• In addition to your financial statements, provide additional financial documents like tax returns, a list of assets within the business, credit history, and more. These statements must be the latest and offer financial projections for at least the first three or five years of business operations.
• Provide data derived from market research, including stats about the restaurant industry, user demographics, and industry trends.
• Include any legal documents such as permits, licenses, and contracts.
• Include any additional documentation related to your business plan, such as product brochures, marketing materials, operational procedures, etc.

Use clear headings and labels for each section of the appendix so that readers can easily find the necessary information.

Remember, the appendix section of your fast food restaurant business plan should only include relevant and important information supporting your plan’s main content.

The Quickest Way to turn a Business Idea into a Business Plan

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This sample fast food restaurant business plan will provide an idea for writing a successful fast food restaurant plan, including all the essential components of your business.

After this, if you still need clarification about writing an investment-ready business plan to impress your audience, download our fast food restaurant business plan pdf .

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Frequently asked questions, why do you need a fast food restaurant business plan.

A business plan is an essential tool for anyone looking to start or run a successful fast food restaurant business. It helps to get clarity in your business, secures funding, and identifies potential challenges while starting and growing your business.

Overall, a well-written plan can help you make informed decisions, which can contribute to the long-term success of your fast food restaurant.

How to get funding for your fast food restaurant business?

There are several ways to get funding for your fast food restaurant business, but self-funding is one of the most efficient and speedy funding options. Other options for funding are:

• Bank loan – You may apply for a loan in government or private banks.
• Small Business Administration (SBA) loan – SBA loans and schemes are available at affordable interest rates, so check the eligibility criteria before applying for it.
• Crowdfunding – The process of supporting a project or business by getting a lot of people to invest in your business, usually online.
• Angel investors – Getting funds from angel investors is one of the most sought startup options.

Apart from all these options, there are small business grants available, check for the same in your location and you can apply for it.

Where to find business plan writers for your fast food restaurant business?

There are many business plan writers available, but no one knows your business and ideas better than you, so we recommend you write your fast food restaurant business plan and outline your vision as you have in your mind.

What is the easiest way to write your fast food restaurant business plan?

A lot of research is necessary for writing a business plan, but you can write your plan most efficiently with the help of any fast food restaurant business plan example and edit it as per your need. You can also quickly finish your plan in just a few hours or less with the help of our   business plan software .

About the Author

Upmetrics Team

Upmetrics is the #1 business planning software that helps entrepreneurs and business owners create investment-ready business plans using AI. We regularly share business planning insights on our blog. Check out the Upmetrics blog for such interesting reads. Read more

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How to write a Fast Food Business Plan: Complete Guide

• January 3, 2023
• Food & Beverage

50 million Americans (37% of the US population) consume fast food daily: the US is undeniable the biggest market for fast food worldwide. Yet, before you can open your own fast food restaurant, you will first need to prepare a solid business plan.

Indeed, a business plan is mandatory for any business that seeks funding from private investors or to get a loan from a bank (like a SBA loan ).

In this article we go through, step-by-step, all the different sections you need in the business plan for a fast food restaurant . Use this template to create a complete, clear and solid business plan that get you funded.

1. Fast Food Executive Summary

The executive summary of a business plan gives a sneak peek of the information about your business plan to lenders and/or investors.

If the information you provide here is not concise, informative, and scannable, potential lenders and investors will lose interest.

Though the executive summary is the first and the most important section, it should normally be the last section you write because it will have the summary of different sections included in the entire plan.

Why do you need a business plan for a fast food?

The purpose of a business plan is to secure funding through one of the following channels:

• Obtain bank financing or secure a loan from other lenders
• Obtain private investments from investment funds, angel investors, etc.
• Obtain a public or a private grant

How to write your fast food’s executive summary?

Provide a precise and high-level summary of every section that you have included in the business plan of your fast food restaurant. The information and the data you include in this section should grab the attention of potential investors and lenders immediately.

Also make sure that the executive summary doesn’t exceed 2 pages in total: it’s supposed to be a summary for investors and lenders who don’t have time to scroll through 40-50 pages, so keep it short and brief.

The executive summary usually consists of 5 major sub-sections:

• Business overview : start by introducing your fast food restaurant, where it is located, how big it is (space, seating arrangement, counters, etc.) and give a brief of the fast food items (a sample menu) that you want to sell as well as their average prices. Also, mention whether you plan to open an independent fast food restaurant or a franchise restaurant instead.
• Market overview : should contain an overview of the expected market size , target audience , and demography. Also provide here a quick overview of your competitors
• People : first, introduce your fast food’s management. Provide a brief (no more than a couple of sentences each) of the experience and track record of the team. Also, speak about your hiring plans: in other words, how you intend to run the business (what are the different teams and how many employees will you hire?)
• Financial plan : how much profit and revenue do you expect in the next 5 years? When will you reach the break-even point and start making profits ? You can also include here a chart with your key financials (revenue, gross profit, net profit )
• Funding ask : what loan/investment/grant are you seeking? How much do you need? How long will this last?

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Fast Food Financial Model

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2. Fast Food Restaurant Business Overview

In this section of the business plan, you will provide details about your fast food restaurant.

You must answer here some important questions that potential investors and lenders often ask about your business and operations. Here are some examples of questions you must answer:

• What is the rationale behind your opening a fast food restaurant today?
• What’s the fast food restaurant’s location and why did you select that location?
• Why did you select the type of fast food restaurant you want to open?
• What will be the food items you will offer?
• What will be your pricing strategy and why?
• What is your expected customer footfall?
• What will be the legal structure of your company?

a) History of the Project

Any business overview must start with explaining the history of the project. There are 2 components here:

• Passion & experience of the business owner
• Rationale behind starting a fast food restaurant today

Passion & experience

You may or may not have prior experience. If you have experience, speak about it and how it will help you to run your business. For instance, you may have been a regional manager of a leading fast food brand for 5 years, and now you want to start your own fast food restaurant and use your knowledge to run it more efficiently.

Is there a certain problem (or perhaps, a set of problems) that your fast food restaurant will try to solve when it comes into existence? For example, there may not be any fast food restaurant offering tacos and burritos while there are enough restaurants offering burgers, fries, chicken sandwiches, pizzas, etc.

But that’s not all! The market must be suitable for a business to exist and thrive. For instance, if you are trying to open your fast food restaurant offering tacos and burritos in an area where there isn’t enough demand for those food items, you may run into losses.

Similarly, if the major chuck of the target audience is between the age group of 15 to 25 with limited income, offering high-priced food will not provide the price/value relationship they seek. Offering pricey food will only stretch their budget.

The rationale behind your project must be backed up by a thorough analysis of the industry in the area where you plan to open your fast food restaurant. This is what we will cover under Market Overview further below.

b) Business Model

This section of the Business Overview should explain what type of business model and fast food restaurant you want to open. For example:

• Will you open a franchise or an independent restaurant instead?
• Will you buy an existing fast food restaurant and do some remodeling, or will you start a new fast food restaurant and design it from scratch?
• Will you go for a traditional brick-and-mortar store or will you settle for a mobile vending model to reduce overhead?

What are the different types of fast food restaurants?

There are multiple types of fast food restaurants. Some of them that you may consider include, but are not limited to:

• Burgers & Fries : In this type of fast food restaurant, you will specialise in burgers and fries, but you can also sell shakes, smoothies, etc.
• Tacos & Burritos : you may go for variations like Mexican-American fusion or original Mexican soft corn tortillas for example here
• Chicken : Your specialty may be chicken based. For instance, you can sell fried chicken, chicken sandwiches, etc.

Apart from food-based selection, you can also choose whether you want to open a sit-in restaurant, drive-through or food truck instead.

c) Products & Services

It is needless to say that the products that you will sell through your fast food restaurant will depend on the type of restaurant you are opening. So give here an overview of the menu you will offer your customers. Yet, if there are too many products, highlight the main ones and save the rest for the appendix instead.

Another important thing that you must mention is how you are going to source the products. For example, if you are opening a burger and fries restaurant, will you be baking the buns yourself or buying mass-produced buns?

Finally, a fast food restaurant is all about delivery speed. People visiting these restaurants are busy and usually don’t have the luxury of sitting for long durations. You can still add a few services like mobile and laptop charging areas (those who visit your restaurant), home or office delivery for super-busy folks who can’t step in, etc.

d) Pricing Strategy

This is where you will provide an overview of your pricing strategy. For instance, you may sell the products at a lower price point than your competitors because you enjoy a bulk purchase discount from the product supplier.

Again, product quality matters. For example, if you are using organically farmed products, you may charge higher than your competitors. Similarly, if you are creating something super unique, you may charge extra. The size and quantity also factor in. Think of the Quadruple Bypass Burger or the Octuple Bypass Burger of the Heart Attack Grill which cost $20.25 and $29.80 per burger.

Your pricing strategy will also significantly depend on the spending capability of the target audience in your area of operation. 

For example, if you are trying to sell super high-quality fast food products in a neighborhood where the target audience is major students, teens, and day laborers with no, limited, or fixed income, highly-priced products may not sell well. Thus, you must always factor in the spending power of your target audience while developing your pricing strategy.

Pricing table

It’s always good practice to create a pricing table to provide price ranges for your products. Yet, you don’t need to provide exact pricing for each product.

For example, if you are selling different variants of beef burgers, you don’t need to list each burger. Instead, just mention something like: Beef burgers – $7.50 to $15.50.

Offering a pricing chart is important as it will allow investors to tie your pricing strategy with your financial projections later on.

e) Legal Structure

Finally, your business overview section should specify what type of business structure you want. Is this a corporation or a partnership (LLC)? Who are the investors? How much equity percentage do they own? Is there a Board of Directors? If so, whom? Do they have experience in the industry?

3. Fast Food Market Overview

A complete understanding of the market where you want to operate is important for the success of your business. That’s also something you must showcase in your business plan.

For example, if you are trying to sell high-calorie burgers to a health-conscious target audience, you will probably fail. Similarly, if you are trying to sell high-priced food items to day laborers with very limited income, they will most likely not buy from you.

Therefore, you must cover here 3 important areas:

• Industry Size & Growth : how big is the fast food industry in your area? What is its growth rate (or decline rate) and what are the factors contributing to its growth or decline?
• Competition Overview : how many competitors are there? How do they compare vs. your business? How can you differentiate yourself from them?
• Customer Analysis : who is your target audience? What type of fast food products do they prefer? How regularly do they eat fast food? How much do they spend on fast food per month?

a) Fast Food Industry Size & Growth

How big is the fast food industry in the us.

According to Zippia , the US fast food industry market size in 2021 was worth $297 billion, and is expected to grow at a CAGR of 5.1% over 2020-2027.

When it comes to the number of fast food restaurants, there were 197,653 in 2021: that’s an average annual turnover of $1,500,000 per restaurant..!

How big is the fast food industry in your area?

After getting a clear picture of the fast food industry in the US as a whole, narrow down to your location. Yet, you may not find this information anywhere (at least not for free). In that case, you can use our guide to estimate the TAM, SAM, and SOM for your business. Here is an example of how to do it:

We know the average annual turnover per fast food restaurant is around $1.5 million. Therefore, if the area where you want to open your fast food restaurant has 30 competitors (say, in a 10-mile radius), you can assume the fast food industry in your area is worth approximately $45 million .

How fast is the fast food industry growing in your area?

Looking at public information online, we know that the US fast food market grew from $209 billion in 2011 to $295 billion in 2019: that’s an average of 5.14% per year..!

What about where you live? US national averages can be a great addition to your business plan, yet they don’t necessarily help to assess the fast food industry where you want to open your store.

For example, the industry might be growing in the US, but declining in your region for a number of reasons (decreasing population or disposable income, etc.).

As you likely won’t find this information online, you can instead rely on the number of fast food restaurants to calculate the average growth rate of the industry in your area.

For example, if the region had only 21 fast food restaurants in 2011 and 30 in 2019, you can assume that the average annual growth rate of the fast food industry in the area is 5.4%, in line with the US average.

b) Fast Food Competition Overview

Studying your competitors’ business models is vital. You need to understand what makes them successful or why they fail. A clear understanding of their fast food offerings, marketing strategies, etc., will allow you to provide a better service.

If your competitors are offering nearly the same products & services, then what is their market share and how do they market their products & services to attract new customers?

It is always a good idea to do some research (if necessary, physically visit your competitors without revealing your business intentions) and create a comparative table summarizing their product & service offerings, marketing strategies, target audience, etc.

Here is a sample table that you can use:

Fast Food Restaurant SWOT Analysis

SWOT stands for Strength, Weakness, Opportunities, and Threats. This analysis will help lenders and investors better understand how you compare vs. competitors as well as the overall risk and reward profile of your business.

Here is a sample that you can use as a reference:

• Strengths : Worked as a regional manager at a leading taco & burrito chain for 5 years; master’s degree in business administration from a reputed institute
• Weaknesses : Startup cost, no initial brand reputation
• Opportunities : Industrial and office area with a high concentration of day laborers, contract workers, and immigrants with low income looking for low-priced yet filling food
• Threats : Well-established brands are introducing a specialized line of low-cost food offerings to capture the target market

c) Customer Analysis

This is the sub-section where you will provide a detailed analysis of your target audience.

Some important points that you must include in your customer analysis include:

• Age and gender distribution (you can get local demographic data from census.gov )
• Average monthly income and disposable income
• Average spend on fast food (per month or per year)
• Types of fast foods they prefer
• The expected price range for fast food
• Inclination towards loyalty programs & free perks
• Things they dislike about existing fast food restaurants and what they expect to be improved

You can add as many data points as required to validate your business decision. The idea here is to display your deep understanding of the target audience and their needs, preferences, and expectations. This knowledge can help you to tailor your products & services to attract new customers.

4. Sales & Marketing Strategy

This is the segment where you outline your customer acquisition strategy. Try to answer the following questions:

What is your Unique Selling Proposition (USP)?

• What are the different marketing strategies you will use?
• How do you intend to track the success of your marketing strategy?
• What is your CAC or customer acquisition cost?
• What is your marketing budget?
• What introductory promos and offers do you intend to provide for attracting new customers?

What marketing channels do fast food restaurants use?

A few marketing channels that fast food restaurants typically use are:

• PPC ads, Instagram / Facebook ads, etc.
• Social media content
• Billboards & signages
• Loyalty programs
• Pamphlets & flyers

It is not necessary to use all channels. Instead, you can start by focusing on a few of them, and include other marketing strategies later.

Also, you must have a fair and nearly accurate estimate of your marketing budget. Failure to display a well-planned and adequate budget for advertising and marketing may lead to investors losing confidence.

In other words, how do you differentiate yourself vs. competitors? This is very important as you might need to win customers from competitors.

A few examples of USPs are:

• Product quality : you may be offering higher quality products vs. your competitors, for example, burger buns made from fertilizer-free organically grown wheat
• Location : your restaurant may be located closer to your target audience and/or closer to a busy street where new potential customers can see your signage
• Price : your products may be cheaper vs. competitors
• Uniqueness : you may be the only taco restaurant (in an area with high population of Mexican migrants) that uses authentic Mexican-style soft corn tortillas

Your USP will depend on your business model, competitor analysis , and target audience. Whatever your USP be, it should be clear and appeal to your target audience.

5. Management & People

You must address 2 things here:

• The management team and their experience
• The organizational structure : different team members and who reports to whom

Small businesses often fail because of managerial weaknesses. Thus, having a strong management team is vital. Highlight the experience and education of senior managers that you intend to hire to oversee your fast food business.

First, describe their duties, responsibilities, and roles. Also, highlight their previous experience and explain how they succeeded in their previous roles.

If they have specialized training and experience (such as a professional degree in business management, managerial experience in a leading fast food chain, a proven track record of designing & executing successful marketing campaigns for famous restaurants leading to a measurable increase in ROI, etc.), add that information.

Organization Structure

Even if you haven’t already hired a general manager, administrative staff, busboy, cashier, chef, kitchen helpers, and other relevant staff members, you must provide a chart of the organizational structure defining hierarchy and reporting lines.

6. Financial Plan

The financial plan is perhaps, with the executive summary, the most important section of any business plan for a fast food .

Indeed, a solid financial plan tells lenders that your business is viable and can repay the loan you need from them. If you’re looking to raise equity from private investors, a solid financial plan will prove them your fast food is an attractive investment.

There should be 2 sections to your financial plan section:

• The startup costs of your project (if you plan to start a new fast food, renovate your restaurant, etc.)
• The 5-year financial projections

a) Startup Costs

Before we expand on 5-year financial projections in the following section, it’s always best practice to start with listing the startup costs of your project. For a fast food, startup costs are all the expenses you incur before you open your fast food and start making sales. These expenses typically are:

• The leasing deposit for the space (if you rent) or to buy the real estate (if you buy)
• Renovations and improvements
• Equipment & appliances
• Furniture & tableware

Of course, the startup costs depend on a number of factors, like the size of your restaurant, its location, the facilities, the menu, etc.

On average, it costs $89,000 to $266,000 to open a casual pizzeria (1,500 sq. ft.) in the US. In comparison, a 150-seats restaurant will cost more: $484,000 to $685,000.

Note that these costs are for illustrative purposes and may not be fully relevant for your business. For more information on how much it costs to open and run a restaurant, read our article here .

b) Financial Projections

In addition to startup costs, you will now need to build a solid 5-year financial model for your fast food restaurant.

Your financial projections should be built using a spreadsheet (e.g. Excel or Google Sheets) and presented in the form of tables and charts in the business plan of your fast food.

As usual, keep it concise here and save details (for example detailed financial statements, financial metrics, key assumptions used for the projections) for the appendix instead.

Your financial projections should answer at least the following questions:

• How much revenue do you expect to generate over the next 5 years?
• When do you expect to break even?
• How much cash will you burn until you get there?
• What’s the impact of a change in pricing (say 15%) on your margins?
• What is your average customer acquisition cost?

You should include here your 3 financial statements (income statement, balance sheet and cash flow statement). This means you must forecast:

• The number of covers (customers or orders) over time ;
• Your expected revenue ;
• Operating costs to run the business ;
• Any other cash flow items (e.g. capex, debt repayment, etc.).

When projecting your revenue, make sure to sensitize pricing, cost of raw materials (food supplies) and your sales volume. Indeed, a small change in these assumptions may have a significant impact on your revenues and profits.

7. Use of Funds

This is the last section of the business plan of your fast food restaurant. Now that we have explained what your fast food’s business model and concept are, what is your menu, your marketing strategy, etc., this section must now answer the following questions:

• How much funding do you need?
• What financial instrument(s) do you need: is this equity or debt, or even a free-money public grant?
• How long will this funding last?
• Where else does the money come from? If you apply for a SBA loan for example, where does the other part of the investment come from (your own capital, private investors?)

If you raise debt:

• What percentage of the total funding the loan represents?
• What is the corresponding Debt Service Coverage Ratio ?

If you raise equity

• What percentage ownership are you selling as part of this funding round?
• What is the corresponding valuation of your business?

Use of Funds

Any business plan for a fast food restaurant should include a clear use of funds section. This is where you explain how the money will be spent.

Will you spend most of the loan / investment in paying your employees’ salaries and the inventory? Or will it cover mostly the cost for the lease deposit and the renovation?

For the use of funds, we also recommend using a pie chart like the one we have in our financial model template where we outline the main expenses categories as shown below.

Related Posts

How Profitable is a Fast Food? Profits & Breakeven Analysis

How To Build a Financial Model for a Pizzeria?

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Here is a free business plan sample for a fast food restaurant.

Have you been toying with the idea of launching a fast food restaurant but feel overwhelmed about where to start?

In the content that follows, we're excited to present to you a comprehensive sample business plan tailored for a fast food restaurant venture.

As any seasoned entrepreneur will tell you, a robust business plan is the cornerstone of a thriving business. It serves as a roadmap, outlining your vision, objectives, and the strategies you'll employ to turn your fast food dreams into reality.

To streamline your planning process and get you started on the right foot, feel free to utilize our fast food restaurant business plan template. Our team of experts is also on standby to provide a free review and fine-tuning of your plan.

How to draft a great business plan for your fast food restaurant?

A good business plan for a fast food restaurant must be tailored to the unique challenges and opportunities of the fast food industry.

To start, it's important to provide a comprehensive overview of the fast food market. This should include current statistics and an analysis of emerging trends, similar to what we've outlined in our fast food restaurant business plan template .

Your business plan should clearly articulate your concept. This includes your vision, identifying your target demographic (such as families, students, commuters), and the distinctive appeal of your fast food restaurant (speed of service, affordability, menu diversity, drive-thru option, etc.).

Market analysis is a critical component. You need to thoroughly understand your local competitors, market demands, and consumer preferences specific to fast food dining.

For a fast food restaurant, particular emphasis should be placed on the menu you plan to offer. Detail your menu items - burgers, fries, shakes, salads, and other offerings - and explain how they cater to the tastes and demands of your target market.

The operational plan is vital. It should outline the location of your restaurant, the layout of the kitchen and dining area, supply chain logistics for ingredients, and the food preparation process.

In the fast food industry, it is crucial to highlight the efficiency of service, consistency in food quality, and adherence to health and safety regulations.

Then, delve into your marketing and sales strategies. How do you plan to attract customers and encourage repeat business? Discuss promotional tactics, customer loyalty programs, and upselling strategies (like combo meals or limited-time offers).

Implementing digital strategies, such as online ordering, a user-friendly website, and an active social media presence, is increasingly important for fast food restaurants.

The financial section is another cornerstone. It should cover the initial investment, projected sales, operating expenses, and the point at which the business will become profitable.

In the fast food sector, where competition is fierce, it's critical to have a precise financial plan and understand your cost structure. For assistance, consider using our financial forecast for a fast food restaurant .

Compared to other business plans, a fast food restaurant's plan must address specific factors such as high-volume inventory management, quick service delivery models, and the potential for franchise expansion.

A well-crafted business plan will not only help you clarify your strategy and operational approach but also attract investors or secure loans.

Investors and lenders are looking for a solid market analysis, realistic financial projections, and a clear plan for day-to-day operations in a fast food setting.

By presenting a thorough and substantiated business plan, you showcase your dedication and readiness to make your fast food restaurant a success.

To achieve these goals while saving time, you can fill out our fast food restaurant business plan template .

A free example of business plan for a fast food restaurant

Here, we will provide a concise and illustrative example of a business plan for a specific project.

This example aims to provide an overview of the essential components of a business plan. It is important to note that this version is only a summary. As it stands, this business plan is not sufficiently developed to support a profitability strategy or convince a bank to provide financing.

To be effective, the business plan should be significantly more detailed, including up-to-date market data, more persuasive arguments, a thorough market study, a three-year action plan, as well as detailed financial tables such as a projected income statement, projected balance sheet, cash flow budget, and break-even analysis.

All these elements have been thoroughly included by our experts in the business plan template they have designed for a fast food restaurant .

Here, we will follow the same structure as in our business plan template.

Market Opportunity

Market data and figures.

The fast food industry is a dynamic and ever-expanding market with significant growth potential.

As of recent estimates, the global fast food market size is valued at over 650 billion dollars, with projections indicating a continued increase due to the fast-paced lifestyle of consumers and the convenience offered by fast food restaurants.

In the United States alone, there are over 200,000 fast food establishments, contributing to an annual revenue of more than 200 billion dollars for the fast food sector.

These statistics underscore the integral role fast food restaurants play in the American diet and their substantial impact on the economy.

The fast food industry is witnessing a transformation as consumer preferences evolve towards healthier and more sustainable options.

There is a surge in demand for menu items featuring organic ingredients, plant-based proteins, and locally sourced produce. Fast food chains are increasingly incorporating vegetarian and vegan options to cater to a broader audience.

Technology is also revolutionizing the fast food experience, with mobile ordering, contactless payments, and AI-driven drive-thrus enhancing convenience and efficiency.

Delivery services and virtual kitchens are expanding rapidly, allowing customers to enjoy their favorite fast food without leaving their homes.

Transparency in food sourcing and preparation is becoming more important to consumers, leading to a greater emphasis on clear labeling and the traceability of ingredients.

These trends highlight the fast food industry's adaptability and responsiveness to the changing preferences and values of modern consumers.

Success Factors

Several factors contribute to the success of a fast food restaurant.

Consistency in food quality is paramount. Customers expect their favorite items to taste the same across different visits and locations.

Innovation in menu offerings can help a fast food restaurant stand out, especially when it comes to incorporating healthier options or unique flavors.

A prime location with high foot traffic or easy access for drivers can significantly boost a restaurant's visibility and patronage.

Exceptional customer service, with a focus on speed and accuracy, is essential in an industry where convenience is king.

Lastly, managing costs effectively, embracing sustainability practices, and staying aligned with current industry trends, such as offering plant-based alternatives or tech-enhanced ordering systems, are crucial for the enduring success of a fast food restaurant.

The Project

Project presentation.

Our fast food restaurant project is designed to cater to the increasing number of consumers seeking quick, convenient, and healthier fast food options. Strategically located in high-traffic urban areas or near health-conscious communities, our restaurant will offer a diverse menu of fast food classics reimagined to be gluten-free, including burgers, fries, wraps, and salads, all made with premium ingredients and guaranteed to be gluten-free.

We will prioritize the flavor, quality, and nutritional value of our offerings to ensure a satisfying and guilt-free dining experience for our customers.

Our fast food establishment aims to set a new standard for gluten-free fast food, providing a haven for those with gluten sensitivities or preferences, and enhancing the fast food landscape with healthier alternatives.

Value Proposition

The value proposition of our gluten-free fast food restaurant revolves around delivering fast, delicious, and nutritious meals that cater to the needs of gluten-intolerant individuals and health-conscious diners.

Our dedication to serving high-quality, gluten-free fast food differentiates us from traditional fast food outlets and offers a unique dining experience that supports the health and satisfaction of our customers.

We are committed to fostering an inclusive dining space where everyone can indulge in their fast food favorites without the worry of gluten, and we aim to promote understanding and appreciation for the benefits of gluten-free eating.

Our restaurant seeks to become a cornerstone in the community, providing a fast food alternative that not only tastes great but also aligns with the dietary needs and values of our customers.

Project Owner

The project owner is an entrepreneur with a passion for revolutionizing the fast food industry by introducing healthier, gluten-free options.

With a background in restaurant management and a personal interest in nutrition and wellness, the owner is driven to establish a fast food restaurant that stands out for its commitment to quality, health, and flavor innovation.

Armed with a vision of transforming the fast food experience, the owner is dedicated to offering delectable gluten-free meals that contribute to the well-being of the community.

His dedication to excellence and his zeal for redefining fast food make him the driving force behind this project, aiming to provide a delicious and health-conscious alternative for fast food aficionados.

The Market Study

Market segments.

The market segments for this fast food restaurant are diverse and cater to a wide range of customers.

Firstly, there are busy individuals seeking quick and convenient meal options without compromising on taste or quality.

Secondly, the market includes young adults and students who often look for affordable and fast dining experiences.

Additionally, families with children are a significant segment, as they require kid-friendly menu options that are both nutritious and appealing to younger palates.

Lastly, health-conscious consumers are also targeted, especially those looking for healthier fast food alternatives, such as options with lower calories, less fat, or more vegetables.

SWOT Analysis

A SWOT analysis of this fast food restaurant project highlights several key factors.

Strengths include a strong brand concept focused on speed and quality, a diverse menu catering to various tastes, and the ability to leverage technology for efficient service.

Weaknesses might encompass the challenges of maintaining consistency across multiple locations and the high operational costs associated with fresh ingredients and labor.

Opportunities can be found in the growing demand for healthier fast food options, the potential for digital ordering and delivery services, and the ability to expand into new markets.

Threats include intense competition from established fast food chains, fluctuating food prices, and changing consumer preferences towards home-cooked or high-end dining experiences.

Competitor Analysis

Competitor analysis in the fast food industry indicates a highly competitive landscape.

Direct competitors include major fast food chains, local diners, and food trucks, all vying for a share of the consumer's wallet.

These competitors strive to offer convenience, affordability, and taste to attract a broad customer base.

Potential competitive advantages for our restaurant include a unique menu with healthier options, a focus on sustainability, and the use of technology to enhance the customer experience.

Understanding the strengths and weaknesses of these competitors is crucial for carving out a niche and ensuring customer loyalty.

Competitive Advantages

Our fast food restaurant's competitive advantages lie in our commitment to providing a fast, yet high-quality dining experience.

We offer a menu that includes classic fast food items alongside innovative dishes that cater to health-conscious consumers, such as salads, grilled options, and low-carb alternatives.

Our use of technology streamlines the ordering process, reduces wait times, and offers convenience through mobile ordering and delivery options.

We also prioritize sustainability by sourcing ingredients locally where possible and using eco-friendly packaging, which resonates with environmentally aware customers.

You can also read our articles about: - how to open a fast food restaurant: a complete guide - the customer segments of a fast food restaurant - the competition study for a fast food restaurant

The Strategy

Development plan.

Our three-year development plan for the fast food restaurant is designed to cater to the growing demand for quick, affordable, and delicious meals.

In the first year, our goal is to establish a strong local presence and build a loyal customer base by offering a menu that combines classic fast food items with innovative twists.

The second year will focus on expanding our reach by opening additional outlets in high-traffic areas and possibly exploring franchising opportunities.

In the third year, we plan to diversify our menu options to include healthier, locally-sourced ingredients and environmentally-friendly packaging, responding to consumer trends and increasing our market share.

We will continuously strive to improve operational efficiency, customer service, and marketing strategies to solidify our brand's reputation in the competitive fast food industry.

Business Model Canvas

The Business Model Canvas for our fast food restaurant targets a broad customer segment, including busy professionals, students, families, and anyone seeking convenient and tasty meal options.

Our value proposition is centered on providing a diverse menu with quick service, affordable prices, and a memorable dining experience.

Sales channels include our physical restaurant locations, online ordering platforms, and potential delivery partnerships.

Key resources involve our kitchen facilities, trained staff, and supply chain relationships.

Our key activities include meal preparation, customer service, and maintaining a strong digital presence.

Revenue streams will be generated from direct food sales, while costs will be associated with ingredients, labor, and operational expenses.

Access a detailed and customizable Business Model Canvas in our business plan template .

Marketing Strategy

Our marketing strategy is built on engaging with our community and creating a brand that resonates with our customers' desire for convenience and taste.

We plan to leverage social media marketing, local advertising, and promotional deals to attract and retain customers.

Collaborations with local businesses and event sponsorships will help us increase brand visibility and community involvement.

Customer loyalty programs and feedback mechanisms will be implemented to encourage repeat business and continuous improvement based on customer input.

Risk Policy

Our risk policy focuses on mitigating operational risks, ensuring food safety, and managing financial stability.

We will comply with all health and safety regulations, conduct regular staff training, and implement rigorous quality control measures to ensure the highest standards of food safety.

Cost management strategies will be in place to control expenses and optimize profit margins.

We will also secure comprehensive insurance to protect against potential liabilities and unforeseen events.

Our commitment is to provide fast, safe, and enjoyable dining experiences while maintaining financial health and operational excellence.

Why Our Project is Viable

We are confident in the viability of our fast food restaurant due to the universal appeal of convenient and flavorful meals.

With a focus on customer satisfaction, operational efficiency, and adaptability to market trends, we believe our business is well-positioned for success.

We are excited to serve our community and look forward to the growth and evolution of our fast food restaurant.

Our team is prepared to make the necessary adjustments to navigate the dynamic food industry and achieve our vision of becoming a leading fast food destination.

You can also read our articles about: - the Business Model Canvas of a fast food restaurant - the marketing strategy for a fast food restaurant

The Financial Plan

Of course, the text presented below is far from sufficient to serve as a solid and credible financial analysis for a bank or potential investor. They expect specific numbers, financial statements, and charts demonstrating the profitability of your project.

All these elements are available in our business plan template for a fast food restaurant and our financial plan for a fast food restaurant .

Initial expenses for our fast food restaurant include the cost of leasing a high-traffic location, outfitting the kitchen with commercial-grade fast food equipment, obtaining necessary permits and licenses, sourcing quality ingredients for our menu, hiring and training staff for efficient service, and investing in branding and marketing to attract our target customer base.

Our revenue assumptions are based on a comprehensive market analysis of the fast food industry, taking into account the popularity of quick-service meals, competitive pricing strategies, and the convenience factor that appeals to our target demographic.

We expect a steady increase in customer patronage, beginning with a conservative estimate and expanding as our brand recognition and reputation for delicious, high-quality fast food grows.

The projected income statement outlines our anticipated revenue from fast food sales, cost of goods sold (including ingredients and packaging), labor costs, and other operating expenses (such as utilities, rent, marketing, and administrative costs).

This will provide us with a projected net profit, which is essential for assessing the long-term viability of our fast food venture.

The projected balance sheet will display assets unique to our operation, like kitchen equipment and initial food inventory, as well as liabilities such as loans and accounts payable.

It will offer a snapshot of the financial standing of our fast food restaurant at the conclusion of each fiscal period.

Our projected cash flow statement will detail the inflows and outflows of cash, enabling us to predict our financial needs. This is crucial for maintaining a healthy cash balance to support day-to-day operations and growth initiatives.

The projected financing plan will identify the sources of funding we intend to tap into to cover our initial costs, including potential investors, bank loans, or personal savings.

We will keep a close eye on the working capital requirement to ensure we have sufficient funds on hand to manage inventory, handle payroll, and meet other short-term obligations.

The break-even analysis will pinpoint the sales volume we need to achieve to cover all our expenses and begin generating a profit, marking the point at which our fast food restaurant becomes financially sustainable.

To gauge the performance and success of our fast food restaurant, we will monitor key indicators such as the profit margin on our menu items, the current ratio to evaluate our ability to meet short-term liabilities, and the return on investment to determine the profitability of the capital we have invested in our business.

These metrics will be instrumental in assessing the financial health and operational success of our fast food restaurant.

If you want to know more about the financial analysis of this type of activity, please read our article about the financial plan for a fast food restaurant .

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Fast Food Service Business Plan

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QuickBite Express

Value proposition.

QuickBite Express offers delicious, high-quality fast food options with a focus on speed, convenience, and affordability. Our diverse menu caters to various tastes and dietary preferences, ensuring a satisfying experience for all customers.

The Problem

Many fast food chains compromise on quality, taste, and healthiness, leading to a poor dining experience for customers who desire quick and convenient meal options.

The Solution

QuickBite Express addresses these challenges by providing a fast food experience that combines quality, taste, and health-conscious options. Our menu features fresh ingredients, diverse flavors, and a selection of vegetarian and vegan choices.

Target Market

Our target market includes busy individuals and families seeking quick, delicious, and affordable meal options. We cater to a wide range of tastes and dietary preferences, making our services appealing to a broad audience.

Competitors and Differentiation

Key competitors include other fast food chains and local quick-service restaurants. QuickBite Express differentiates itself through:

• A diverse menu with a focus on quality and taste
• Health-conscious options, including vegetarian and vegan choices
• A commitment to exceptional customer service

Our team is passionate about providing customers with an exceptional fast food experience that doesn’t compromise on quality or taste. We are committed to maintaining high standards in food preparation, presentation, and service, ensuring customer satisfaction at every level.

Funding Needs

We are seeking an initial investment of $500,000 to secure a prime location, purchase equipment, and cover initial marketing expenses. This investment will enable us to establish a strong brand presence and attract a loyal customer base.

Sales Channels

Our primary sales channels are our physical restaurant location and online ordering through our website and mobile app. In the future, we will consider partnering with food delivery services to expand our reach.

Marketing Activities

To attract customers and build brand awareness, we will:

• Utilize local advertising channels, including billboards, radio, and print media.
• Offer grand opening promotions and discounts.
• Leverage social media platforms to showcase our menu and engage with the community.
• Establish partnerships with local businesses for cross-promotions and referrals.

Financial Projections

• Year 1: $750,000
• Year 2: $1,000,000
• Year 3: $1,300,000

Expenses/Costs

• Year 1: $600,000 (includes rent, utilities, food costs, equipment maintenance, and marketing)
• Year 2: $700,000
• Year 3: $800,000
• Year 1: $150,000
• Year 2: $300,000
• Year 3: $500,000
• Secure initial investment and establish business structure.
• Identify and secure a prime location for the restaurant.
• Successfully launch the business and attract a loyal customer base.
• Continuously refine and expand the menu to cater to customer preferences.
• Explore partnership opportunities with food delivery services.

Key Team and Roles

• Owner/Operator: Oversees the day-to-day operations, manages finances, and leads marketing efforts.
• Restaurant Manager: Supervises staff, ensures quality control, and maintains equipment.
• Chef: Develops and refines the menu, manages food preparation, and ensures food safety standards.
• Customer Service Representatives: Provide exceptional customer service and process orders.

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Fast Food Business Plan Template [Updated 2024]

Fast Food Business Plan Template

If you want to start a Fast Food business or expand your current Fast Food business, you need a business plan.

The following Fast Food business plan template gives you the key elements to include in a winning Fast Food restaurant business plan. It can be used to create a takeout restaurant business plan, a quick service restaurant business plan or a traditional fast food plan.

You can download our Fast Food Business Plan Template (including a full, customizable financial model) to your computer here.

Below are links to each of the key sections of a Fast Food restaurant business plan sample:

I. Executive Summary II. Company Overview III. Industry Analysis IV. Customer Analysis V. Competitive Analysis VI. Marketing Plan VII. Operations Plan VIII. Management Team IX. Financial Plan

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Fast Food Business Plan Outline

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Fast-Food Restaurant Business Plan Template

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What You Get

• A compelling & detailed pre-written Fast-Food business plan template in WORD
• A full & automatic Fast-Food financial plan model in EXCEL you can easily customize
• Customized text tailored to the Fast-Food business
• The ability to paste advanced charts and tables within a click
• No accounting or specialized financial knowledge needed
• A truly low-cost solution saving you time and money

Fast-Food Restaurant Business Plan Template Description

Our ready-made fast food business plan package includes a robust pre-written business plan in Word and a customizable automatic financial model in Excel tailored to the fast-food business. All you need is to spare a couple of hours customizing the documents to perfectly suit them to your own fast-food restaurant project. Your ready-made fast-food business plan is ideal to pitch your F&B venture to prospective investors and will you plan, execute, fund and launch a successful fast-food outlet. Check below the full content description.

Fast-Food Business Plan Document in Word

Our ready-made Fast-Food Restaurant business plan template is in Word format and includes 23 pages. The document is divided into multiple sections. Each section contains the essential points that are necessary to effectively present your Fast-Food Restaurant project. Each section and sub-section offers you a sample text that you can easily customize to make your business plan unique. Below is a short extract of your fast-food business plan template in Word.

Automatic Fast-Food Financial Model in Excel

Our pre-populated Fast-Food Restaurant financial model is in Excel format and includes multiples worksheets. You can easily edit the model’s inputs including changing costs and revenue assumptions to generate pro-forma financial forecasts including P&L, Cash flows and Balance Sheets. Below is small excerpt of your automatic fast-food financial plan in Excel.

The Benefits of Creating a Business Plan for a Fast-Food Restaurant:

There are many important benefits for creating a business plan for your upcoming fast-food project including:

• Clarifying your vision and goals: A business plan allows you to take the time to think through all aspects of your fast-food restaurant and how you envision it operating. You can consider your target market, menu offerings, and unique selling points, as well as your long-term goals for the business.
• Serving as a roadmap: A business plan can help you stay focused on your goals and make informed decisions as you move forward with your fast food project. It can help you anticipate challenges and plan for how to overcome them.
• Raise funding: If you need to borrow money to start your fast-food restaurant, a business plan can be an important tool for convincing lenders or investors to provide the funding you need. It should include financial projections and a clear explanation of how the funding will be used to grow the business.
• Reference tool for execution: As you move forward with your fast-food restaurant, you may encounter new challenges and opportunities. A business plan can be a useful reference tool to help you navigate these check points and stay on track. You can refer back to it to ensure you are staying true to your plan and making progress towards your long-term objectives.

This Ready-Made Fast-Food Business Plan is For:

• Entrepreneurs wishing to start a Fast-Food Restaurant
• Aspiring Fast-Food Restaurant owners who want to create a business plan fast and easy
• Fast-Food entrepreneurs who wish to pitch their project to investors
• F&B professionals who wish to better understand the potential of the opportunity

Immediate Delivery by Email

• Once you complete the order, you will receive an email with links to download your documents
• Your order will contain the full pre-written business plan in Word
• Your order will contain the full customizable financial model in Excel

Your Fast-Food Restaurant Business Plan Content

Executive Summary: Our Fast-Food Restaurant business plan template starts with a compelling Executive Summary. This key section is very important as it summarizes in 1 page your Fast-Food Restaurant business opportunity. It will introduce your business model, the key people behind the project as well as the unique selling proposition offered by your Fast-Food venture. This section will also mention how market conditions and consumer trends are favorable for launching your project.

The Problem Opportunity: Next, your ready-made Fast-Food Restaurant business plan will list a number of problems experienced by your prospects in your target market and will show how this presents a unique opportunity for your Fast-Food business. These can include issues such as lack of Fast-Food outlets in a certain location, low quality of food by existing players, undifferentiated offering by current actors in the market…etc.

The Solution:  This section explains how your Fast-Food Restaurant will take advantage of the current problems in the market and will detail your innovative solutions.

Mission & Vision: Your mission will explain in a couple of sentences your Fast-Food Restaurant’s business ethos. In other words, it will summarize your unique value proposition and will explain how you are different than the competition. Your vision will explain your long-term plans for this Fast-Food Restaurant concept. Are you planning to start with one branch today and expand into a multi-branch business model? Are you looking to transform your Fast-Food Restaurant business into a franchise model?…etc.

Business Model:  This section details your Fast-Food Restaurant concept using the business model canvas method. In a visually appealing table, we will detail your Fast-Food Restaurant’s key partners, activities, resources, value proposition, customer segments, customer relationship plan, marketing channels, cost structure and revenue streams.

Products & Services:  Next, we will talk in details about your various products and services. We will describe your different menu items including starters, main dishes, desserts, beverages…etc. We will also provide information about your pricing by product or line of items.

Market Analysis: This important section describes the various market statistics and consumer trends in the Fast-Food industry and explains how they support your own concept. The purpose of this section is to show that the market conditions are favorable for launching your new Fast-Food concept.

Global Market Trends: In this sub-section of the market analysis, we will discuss the latest global market trends in the Fast-Food industry. We will look at the global industry size, growth rate, growth diving factors and consumer trends.

Local Market Trends: This sub-section explains the local market trends that are relevant to your particular Fast-Food business.

Target Customers:  In this section, we will describe your various customer profiles by providing information about their demographics, behavior and purchasing habits.

Competitive Analysis:  We will analyze key competitors active in your target market and provide insights about their strengths and weaknesses.

Competitive Advantages: After looking at the competitive landscape, we will then show how your Fast-Food Restaurant is differentiating itself from the competition through a number of key advantages.

SWOT Analysis:  This section features a 4-quadrant table with explanations about how your Fast-Food Restaurant intends to leverage its key strengths, mitigate weaknesses, capture opportunities and thwart any future threats.

Marketing Plan : This chapter provides detailed information about your go-to-market strategy. It includes a detailed action plan to help you build brand awareness and generate sales.

Branding & Awareness:  We will describe in this sub-section your choice of key marketing channels to build branding and awareness.

Customer Acquisition:  We will describe in this sub-section your choice of key marketing channels to acquire customers and increase sales.

Operating Plan:  This chapter provides information about your Fast-Food Restaurant’s opening hours, internal processes and describes the interactions between various key departments and teams.

Management Team: It is very important to present the key people behind your Fast-Food project and thus we have dedicated a section for this very purpose. It is also important to talk here about the founder’s vision, his past education and professional experience.

Hiring Plan:  No business can succeed without having on board the right team. This section lists all the key positions you plan to hire with information about their salaries and expected start dates.

Key Milestones: To be able to launch and execute your Fast-Food project, you need to follow a set of actionable tasks with target deadlines. This section serves this purpose.

Financial Plan: Without a robust financial plan, your Fast-Food Restaurant business plan would be an incomplete document. This important section provides crucial information about your pro-forma financial projections and shows that you have really done your homework. The data mentioned in this and the following sections will be provided by the Excel financial model accompanying your Fast-Food business plan.

Projected Revenue:  This module shows your Fast-Food Restaurant’s revenue projections over the next three years.

Projected Profit and Loss:  This module shows your Fast-Food Restaurant’s income statement (also called profit and loss statement) over the next three years. Your income statement includes detailed projections about your sales and expenses and shows how your Fast-Food Restaurant’s revenue is converted into a net profit.

Projected Cash Flows:  This module shows your Fast-Food Restaurant’s cash flow projections over the next three years. The first year of operation is even detailed on a monthly basis. Your cash flow statement will detail the various cash inflows your Fast-Food Restaurant will generate from its day to day operations and from funding sources, as well as the various cash outflows required to pay for operating expenses and business investments.

Projected Balance Sheet : This module shows your Fast-Food Restaurant’s balance sheet projections over the next three years. The balance sheet will provide a summary of your Fast-Food Restaurant’s short term and long term assets in addition to your short term and long term liabilities and capital.

Profitability Analysis:  In this section, we will provide information about your gross margin, net margin and discuss the profitability of your Fast-Food Restaurant business.

Funding Requirement:  This module states the amount of funding your need to be able to comfortably launch your Fast-Food Restaurant business. It also describes the planned allocation of the funds between opex and capex.

Conclusion : Finally, we will conclude your business plan by recapitulating the key points that make your Fast-Food Restaurant project compelling and reiterate the rationale behind your business opportunity.

Why Use our Ready-Made Fast-Food Business Plan?

• Speed & Convenience: Once you complete your order, you will receive the Fast-Food Restaurant business plan directly in your mailbox. Since it is already pre-written with fully customizable financials, you will only need to spend a couple of hours to edit it and adapt it to your own F&B project.
• High Quality: Your Fast-Food Restaurant business plan has been written by our professional team of business plan writers and experts from the F&B industry. You will receive a professional Fast-Food business plan template ideal for presenting to potential investors or banks.
• Low-Cost: Our pre-written Fast-Food Restaurant business plan template is the most cost-effective solution in case you need to build a solid and professional Fast-Food business plan. We are confident you will save hundreds if not thousands of dollars by ordering our premium business plan compared to hiring a consultant or subscribing to complicated and expensive software.

If you have any question regarding our ready-made Fast-Food Restaurant business plan package, do not hesitate to contact us , we are here to help.

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Formal Fast Food Business Plan

• Mission statement
• Vision statement
• Overall concept
• Possible cost
• Possible ROI (return on investments)
• What will be the overall costs for your business?
• How will you choose your target market?
• How much will your product cost?
• What will be the best name for your business?
• What can be your brand marketing strategy ?
• How will you manage your financial projections?
• How can you build the pool of workers?
• How can you have a great menu design?
• How can you gain profit?
• What can be the contents of your business plan?

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How to Start Fast Food Business in India (Business Plan & Profit)

Consider opening a fast food restaurant if you want to launch a business in the food sector. Starting a fast food business in India is not a bad idea because people currently prefer them to save time.

Fast food is a type of food that is served quickly after being mass-produced. You have the flexibility to enter the fast food business because it is mostly a customer-driven sector, and you can pick your own degree of competition!

In India, this industry is expanding at a rate of 40% each year, and several well-known local and international players are competing to claim the largest market share.

How to Start a Fast Food Business in India?

A fast-food restaurant, also known as a QSR (Quick Service Restaurant) , does not require customers to wait and dine at their location; instead, they can simply order and pick their things; as a result, the demand for workers is increasing in fast-food restaurant cultures.

If you are wondering how to start a small fast-food business in India , then you should know that opening a small fast-food restaurant doesn’t require a big investment. It’s not necessary to go out of your way to make preparations for stunning décor or exquisite tableware. Finding and training new employees is much simpler.

Additionally, you don’t need to stress about hiring a chef that attended a top culinary institute. You only need to concentrate on offering prompt service and delicious meals.

The fast food business has the added benefit of not experiencing economic downturns as regular restaurants do. Fast food establishments are not as expensive as fine dining restaurants and luxury cafés. As a result, unlike their more expensive competitors, a significant change in economic policy or the country’s financial status has little impact on these eateries.

By taking over a larger chain’s franchise, which will provide partially cooked food and supplies as well as standardized materials, you can launch your own fast food business. Or you could select a food truck or a fast-casual eatery. There won’t be much table service at a fast-casual restaurant. You could even start a fast-food restaurant with the following menu items: burgers, fries, fried chicken or fish, pizza, ice cream, etc.

To start a small fast-food business in India, an aspirant restaurateur can follow this fast-food center business plan in India:

• Market Research – Study the market and the consumer preferences in the region you want to serve first. In order to provide them with food and services, they would enjoy, research your target customers and pick the appropriate niche.
• Make a business plan – To oversee the progress of the work, a well-thought fast food center business plan in India is required. Additionally, it will help you in gaining investor funding or bank loans.
• Locate a space – Your fast food restaurant should be situated in a busy area, such as a market, to attract customers. The location should have access to electricity, gas, and water. There must be nearby access to grocery supplies. The proposed kitchen space should have proper ventilation to allow exhaust smoke to exit.
• Create the outlet – You must correctly plan your food outlet after reserving a space for it. Fast food restaurants are common gathering spots for families, thus they should be kid-friendly. Along with the food you’ll serve, the cutlery, tables, and seats, as well as the background music you wish to play, are all crucial.
• Smart Hiring – Hiring experienced staff, such as accountants, chefs, cleaners, managers, and waiters, is one of the most important factors for the efficient operation of your business. Your staff members should preferably have previous experience in the food service sector. Employee happiness contributes to a prosperous business. You should try rewarding new hires with bonuses in addition to giving them the necessary training.
• Include wholesome foods – It is a good idea to provide healthy options on the menu, such as fresh fruits, salads, white and grilled meat, etc., in addition to the typical fast food. This will reflect an effort to appeal to consumers who are concerned about their health.
• Technology – POS is the most important and essential component of a successful fast food corner business plan in India. It is important for any restaurant or food outlet’s successful operation and management. Pick a customized , point-of-sale system that is designed with quick-service restaurants in mind. You need to include hospitality point-of-sale systems to guarantee accuracy and facilitate quick service. This allows the kitchen staff to see orders placed at the front desk.

Also, read: What is Menu Engineering? Increase your Restaurant Profit 25 Food Business Ideas in India [With Low Investment]

Cost of running a Fast Food Business in India

Particularly when compared to fine dining restaurants, quick service restaurants don’t require a big investment. You don’t have to spend a lot of money on décor or opulent seating, but you do need to take into account some fundamental factors like leasing prices, staffing costs, and maintenance costs. With an investment of 3-4 lakhs, you can start a small fast-food business in India. Although this number might appear unbelievable, it is actually achievable! This is how:

Rental Costs

To fit your kitchen and counter, you need a space of roughly 500 square feet. Keep the counter and serving zone to 100 square feet and use the rest of the space for sitting. It should cost between Rs.40,000 and Rs.50,000 per month to rent a place this size in a decent area.

Kitchen Equipment

Don’t skimp on quality when it comes to the utensils you use. Setting up your kitchen can initially cost you about Rs. 2.5 Lakhs. Once operations are in place and running, your only ongoing expenses will be for raw ingredients like vegetables, oil, and spices.

Marketing your fast food business is a vital step. Next, create a theme for your menu and restaurant website that aligns with your brand image. Make sure to collaborate with food bloggers and Instagram influencers. Millions of people can discover about your recently launched little fast food restaurant this way. Make sure your eatery is featured on websites and GMB where customers can submit reviews and ratings for various meals. You should prepare to invest roughly Rs. 40,000 on marketing while you’re just getting started.

You need to have a well-trained crew who can manage the ups and downs of running a restaurant. A minimum of three or four employees must be present at all times in a small fast-food establishment. At least two chefs who are familiar with the food and culinary tools as well as how to manage the kitchen autonomously are required. Typically, a chef makes between Rs. 14,000 and Rs. 15,000 per month, while the others who work with the chefs are paid between Rs. 6,000 and Rs. 8,000 per month.

If you are thinking about how to start a small fast food business in India, even a small one, you must have several licenses. A food license from FSSAI is required. Additionally, a license for an eating facility must be obtained from the city’s police commissioner. Within the first 30 days of operation, you must also get a Shop & Establishment License for your fast food establishment.

Two extra licenses are required to show that your business has no negative environmental effects: a Fire Safety Clearance and a Certificate of Environmental Clearance. You should have a budget of around Rs.18,000 for licensing overall.

Also, read – What licenses are needed to start a restaurant in India

One of the most vital factors of fast food center business plans in India is having a speedy and effective point of sale system. Every daily transaction is recorded, and all of the data entered is properly saved. Additionally, this data may be used in the future to evaluate performance or develop client loyalty programs. Today’s POS systems for restaurants can also be accessed via a mobile device from various locations. You should expect to pay between Rs. 25,000 to Rs. 30,000 for this overall.

Furniture and Fixtures

You don’t need to put too much effort into making a tiny Quick Service Restaurant seem upscale. Instead, you should make sure to select solid furniture for seating and the correct amount of lighting for the place. Don’t bother looking for lovely lamps or accessories. Make sure the color scheme you choose is straightforward and has a proper quick-bite experience. You must budget between Rs.20,000 and Rs.25,000 for furniture and fixtures.

Wrapping Up

For starters, fast food is far less expensive than fine dining or five-course meals. Next, it normally doesn’t take long to prepare, and guests are handed their orders in a couple of minutes.

It’s ideal for getting a quick snack at a small fast-food restaurant because the cuisine is delicious and reasonably priced. It can be very satisfying to run a fast food establishment in terms of profit margin. So, don’t think twice and get started with this easy fast food corner business plan in India.

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Russian Fast Food? Teremok! - Teremok

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“Russian Fast Food? Teremok!” Review of Teremok

Good Russian fast food (pancakes, blinis, pilmeni). It is super clean and the staff are more obliging than most fast food chains in the West. Try the blinis with caviar; and if their pancake menu is not to your liking they will mix and match if for you if you're polite!

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Fast-food franchisor A&W cooks up corporate overhaul

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One of Canada’s most recognizable fast-food chains—and the country’s strongest brand—has a new recipe for a significant corporate restructuring.

The fast-growing and successful North Vancouver-based A&W Food Services of Canada Inc. plans to consolidate its operations, buy the A&W Revenue Royalties Income Fund (TSX:AW.UNP) and pursue an initial public offering.

A timetable for this process is not yet available, but should be released soon according to executives at A&W, which independent brand-valuation company Brand Finance earlier this year ranked as Canada’s strongest brand for the second year in a row.

A&W Food Services CEO Susan Senecal said voting instructions will be mailed to unit holders and filed on Sedar in a management information circular, likely in September. Regulatory approval could follow this fall.

A&W has tangled corporate structure

While many if not most Canadians are aware of A&W’s burgers, famous root beer and Root Bear mascot, less well known is the company’s somewhat convoluted corporate structure.

Since 2002, its trademarks and intellectual property has been owned by the A&W Revenue Royalties Income Fund, which trades on the Toronto Stock Exchange.

Investors in that venture own a vehicle that gets its revenue through royalty payments.

More than 98 per cent of A&W Food Services’ restaurants are in a business segment the company calls a “royalty pool.” The income fund gets three per cent of the gross sales generated by restaurants in the royalty pool, and almost all of that money is distributed to unit holders.

In exchange, A&W Food Services’ restaurants and franchisees can use A&W trademarks, such as branding, menu-item names and mascots.

A&W Food Services’ business, in contrast, is largely as a franchisor: 1,052 of 1,062 A&W restaurants across Canada are franchised. Its only corporately owned restaurants are 10 in Ottawa, which launched in the 1990s and were intended to show potential franchisees in Eastern Canada that the company had some skin in the operating game. These locations are also used to test new products.

A&W Food Services charges franchisees a $55,000 one-time fee for each 20-year agreement to operate an individual A&W-branded restaurant, and a recurring six-per-cent royalty fee, which is broken into a 3.5-per-cent service fee and a 2.5-per-cent marketing fee.

The company requires all franchisees to spend one per cent of gross sales on community initiatives and marketing.

A&W Food Services derives some revenue—a single-digit percentage—from selling canned and bottled A&W-branded root beer to a variety of vendors, such as restaurants and grocers, Senecal told BIV.

It also recently became the master franchisor for Canada for the London, England-based grab-and-go sandwich giant Pret A Manger .

One Pret A Manger test store operates in Toronto, and A&W Food Services is “active in terms of determining what will be the next locations and how we want to expand,” Senecal said.

The result of this divided corporate structure is that the only public option to invest in A&W is to buy units in the income fund.

That has become a problem because income fund investments act more like bonds than stocks.

Before the proposed takeover was announced, unit holders received monthly distributions that amounted to $1.92 per unit, for a 6.7-per-cent annualized return.

The Bank of Canada’s rapid increases in interest rates, starting in March 2022 , have prompted bond yields to rise in tandem. The result is that income investors now have more options to get strong-yielding returns, Senecal explained to BIV .

That dampens interest in buying units in the income fund, and the performance of the income fund has lagged what would have been the new company’s combined adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), according to an A&W presentation.

The income fund’s trustees realized this, and “started to have conversations” with A&W Food Services shareholders about combining their fund with A&W Food Services’ operations, Senecal said.

The latter has four main shareholders, she added. They include the private-equity firm TorQuest, the income fund’s chair and former A&W Food Services CEO Paul Hollands, A&W Food Services’ chair emeritus and former CEO Jeff Mooney and one shareholder whom Senecal declined to name. Together, those four investors own a majority stake, and they agreed that combining the two A&W entities was desirable, Senecal said.

“It all came together quite quickly is my sense,” she said.

If the amalgamation goes ahead, it will attract more institutional investors, analysts and stock liquidity, she said, adding that the company could also then likely trade with a valuation similar to those of other large fast-food chains.

What the future could hold

If the business merger and IPO go ahead, shareholders in what is now dubbed Newco would own a stake in the entire business, and—instead of only being exposed to how much royalty-pool restaurants generate in gross sales—they would also be exposed to the overall business’ profits or losses.

If operational costs of servicing franchisees rises faster than the incoming fees from franchisees and other revenue streams, the overall business may post a net loss, and the venture’s share price would likely face downward pressure.

Senecal, however, said she foresees investors doing much better under a combined A&W.

This is because they would be exposed to new restaurant openings, she said. They would also reap business synergies and bigger profit margins from a larger-scale franchisor.

An investor presentation describes A&W Food Services as a “high-margin, capital-light franchisor business” that has “high free cash flow conversion.”

This is all before franchising for the Pret A Manger brand takes off in earnest.

If the transaction goes ahead, the income fund unit-holders can either opt to dispose of their units, have the units converted into A&W Food Services shares or a mix of both.

The $37-per-unit value is approximately a 30-per-cent premium compared with what the units were worth before the proposed merger was announced.

A&W Food Services is only prepared to lay out $175.6 million to buy units, so if there is more demand from unit-holders to cash out, they may be stuck with having to convert some units into A&W Food Services shares, which they could later sell.

The units that A&W Food Services buys will be pro-rated so all unit-holders who want to sell some units would be able to do that.

The $175.6 million is enough to buy nearly 4.75 million units, or 32.5 per cent of the units not already owned by A&W Food Services.

Management has stressed that its planned structural change will not impact operations. That means no executive shake-up, and a new publicly listed company slated to be based in North Vancouver.

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The 11 best regional fast-food chains and restaurants in Moscow

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Ukraine war latest: Zelenskyy brands Putin 'sick old man' in video message; Russia and Ukraine swap 115 prisoners each

Russia and Ukraine have swapped 115 prisoners of war, including some who were captured during Ukraine's invasion in Kursk in recent weeks. In an independence day message to Ukrainians, Volodymyr Zelenskyy said the Russian president would not dictate his "red lines" to Kyiv.

Saturday 24 August 2024 22:56, UK

• Ukraine and Russia exchange 115 prisoners of war 
• Zelenskyy brands Putin 'sick old man' in video to Ukrainians
• Telegram CEO arrested in France - reports
• Muted celebrations for Ukraine's independence day
• Residents evacuate key eastern town as Russian troops advance
• Your questions answered : Is there a larger response to come from Russia over the Kursk invasion?
• Live reporting by Katie Williams

That brings an end to our live coverage of the war in Ukraine for this evening - thanks for following along.

We'll be back with any major updates overnight, and will return to our rolling coverage tomorrow.

Before we go, here's a round up of today's key events:

• Russia and Ukraine each exchanged 115 prisoners of war as Ukraine marked its 33rd independence day. The Russian prisoners were soldiers captured during Ukraine's invasion of Kursk;
• In a video message to the Ukrainian people, Volodymyr Zelenskyy branded Vladimir Putin a "sick old man from Red Square" who would "not dictate any of his red lines to us";
• Belarus and Iran congratulated Ukraine on its independence day despite the two countries' close ties with Russia;
• At least five people were killed and five others injured in a Russian attack in Ukraine's eastern Donetsk region;
• Pavel Durov, the founder and chief executive of the Telegram messaging app, was arrested in France , according to French media reports.

The founder and chief executive of the Telegram messaging app has been arrested in France, according to French media reports.

French television network TF1 reports that Pavel Durov was arrested at the Bourget airport outside Paris this evening.

According to the network, the Russian-born businessman had been travelling aboard his private jet and was the target of an arrest warrant in France.

Telegram has not responded to a request for comment by the Reuters news agency.

Mr Durov - who also founded the now-state controlled Russian social media service VK - left Russia in 2014 after resisting government pressure to hand over the data of Ukrainian protesters.

He now lives in Dubai and holds dual citizenship of the United Arab Emirates and France.

Telegram, which launched in 2013, is one of the top five most downloaded apps in the world.

Lithuania has announced a fresh batch of military aid for Ukraine - including drones and air defence missiles.

Prime minister Ingrida Simonyte said the package would help Ukraine "send Russian occupants back to where they belong".

In a post to X, Ms Simonyte said the aid would consist of "short-range air defence systems and missiles as well as anti-drones, guns, ammunition and equipment".

The package would reach Kyiv by September, she said.

Vilnius has also pledged to send around 5,000 Lithuanian-made drones to Ukraine by the end of autumn as well as allocating €35m (£29.6m) to purchase radars and demining equipment.

Polish-supplied tanks are being used by Ukraine in its offensive in the Kursk region, president Andrzej Duda has confirmed.

"We are touched to see how the PT-91 Twardy tanks, given by Poland [to Ukraine] more than one year ago, are defending today Ukraine on the battlefields, fighting in the Kursk region," he said. 

Vladimir Putin has vowed a "worthy response" to any use of Western weapons in the invasion.

Mr Duda's visit to Kyiv today coincided with Ukraine's independence day celebrations.

In a speech to mark the occasion, he also expressed confidence that the war "will soon end in [Ukraine's] victory".

"I have never had, and do not have, the slightest doubt that, through their united efforts and struggle, the courageous Ukrainian people will uphold their independence," he said.

A Russian air attack on the Ukrainian city of Sumy this evening has left seven people injured, officials have said.

The Sumy regional administration said on Telegram that Russia carried out a missile attack on civilian infrastructure in the city.

Seven people are wounded, including two who are in a serious condition.

"Take care of yourself and your loved ones, do not ignore the air warning signals," the administration said.

Sumy is the administrative centre of the wider Sumy region, which lies in Ukraine's northeast on the border with Russia.

Volodymyr Zelenskyy has signed several laws targeting Russia today - including one that bans religious organisations linked to Moscow.

The series of laws included ratifying a statute that paves the way for Ukraine to join the International Criminal Court (ICC).

The ratification increases the chances of Russia being prosecuted for war crimes it has allegedly committed during its invasion of Ukraine, according to Mr Zelenskyy's office.

Meanwhile, a law has been signed prohibiting the the operation of religious institutions in Ukraine that have links to Russia.

The legislation, which was approved by the Ukrainian parliament earlier this month, created the legal tools for the government to ban a Russia-linked branch of the Orthodox church.

Organisations would have nine months to cut ties with Moscow's linked religious entities under the new law.

Mr Zelenskyy also signed a law offering Ukrainian citizenship to foreigners fighting in his army against Russia.

Ukrainian boxing star Oleksandr Usyk presented Volodymyr Zelenskyy with the coveted WBC heavy weight champion belt as the pair met to mark independence day.

Mr Zelenskyy posted a video of the meeting on his Telegram channel, saying it was an "honour" to receive the belt.

"Thank you for everything you do for Ukraine. For glorifying Ukrainian strength and invincibility. Thank you!" he wrote.

Usyk beat the UK's Tyson Fury to become the undisputed heavyweight champion of the world back in May.

In an interview with Sky News last month, the boxer revealed how he has cried behind closed doors about the war in his country.

Belarus and Iran have both sent their congratulations to Ukraine on its 33rd year of independence from the former Soviet Union, despite the two countries' close ties with Russia.

According to Belarusian news agency Belta, president Aleksandr Lukashenko said his citizens have "always had a special respect and warm regard" for the Ukrainian people.

"We are united not only by the common fate and family ties, but also by the desire to be friends and get along with neighbours," he was cited as saying.

Belarus acted as a staging post for Russia's invasion of Ukraine in 2022 and Mr Lukashenko is one of Vladimir Putin's key allies.

Meanwhile, the Iranian foreign ministry published a message on social media saying it was congratulating the government and people of Ukraine on its independence.

Tehran is alleged to have provided Moscow with hundreds of deadly drones, as well as other weapons, for use in its war on Ukraine.

Volodymyr Zelenskyy has used an independence day message to brand Vladimir Putin a "sick old man from Red Square".

In a video address to the Ukrainian people, Mr Zelenskyy used derisive language to describe Russia's 71-year-old president and his nuclear rhetoric.

"A sick old man from Red Square who constantly threatens everyone with the red button will not dictate any of his red lines to us," the Ukrainian leader said in the video posted to Telegram.

In his speech, Mr Zelenskyy noted that the war started by Russia had spread to its own territory.

"Those who seek to sow evil on our land will reap its fruits on their own soil," he said.

He also said "those who sought to turn our lands into a buffer zone should now worry that their own country doesn't become a buffer federation".

Five people have been injured after a Russian shelling in Ukraine's northeastern Kharkiv region, authorities have said.

The country's state emergency service said Russian forces targeted the village of Novoosynove in the Kupyan district with rockets today.

Four women and a man were injured, it said, while two residential buildings and an area of dry grass caught fire.

"Rescuers extinguished the fire and prevented the flames from spreading to other homes," the emergency service said on Telegram, adding that medics were at the site of the attack.

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Fast Food Business Plan Template

Fast food company overview.

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