The Chain Restaurants industry operates on a specialised business model that represents a hybrid between traditional restaurants and fast-food services. The concept has proven relatively successful in Australia with industry revenue forecast to grow at an annualised 3.4% over the five years through 2015-16 to reach $405.5 million. This solid growth has been supported by rising levels of discretionary income and increased expenditure on recreation and culture. In 2015-16, industry revenue is forecast to increase by 2.0% following growth in consumer confidence, which will encourage households to dine out more.
This industry comprises sit-down restaurants that provide table service. Companies in this industry consist of three or more locations. The report covers the following business types: licensed restaurants, BYO restaurants, licensed and BYO restaurants and unlicensed restaurants.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.