Like the rest of the construction sector, restaurant construction took a huge dive during the recession as real estate markets crashed. Credit conditions and disposable income levels were dire. Lagging behind the overall economy, the industry began to rebound in 2012. Continued recovery is expected over the next five years, and low interest rates will favor growth.
This industry includes operators that engage in new work, additions and reconstruction projects for food service establishments. These include commercial construction projects for fast food restaurants, single-location restaurants, chain restaurants and bars with full food services.
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.