The top five fast-food franchises offer hamburgers, deli sandwiches, donuts, and baked goods, but the list is topped by chicken.
In today’s American economy, one popular way to achieve the American Dream is to own a fast-food franchise.
Forbes magazine just issued its list of the Top 10 Fast Food franchises ranked according to revenue produced by a single store on average.
Some of the franchises are well-known nationally, while others have regional appeal. But the names are familiar to most people who always have an eye out for a place to take the family for a quick meal.
Using data from the industry publication QSR Magazine as well as research from the consulting firm Technomic, Forbes determined the top 10 fast-food franchises from an annual revenue basis.
Ranking sixth through 10th (with headquarters location) were No. 6 Chipotle (Denver), No. 7 Whataburger (San Antonio), No. 8 Culver’s (Prairie du Sac, Wisc.), No. 9 Zaxby’s (Athens, Ga.) and No. 10 Bojangles Famous Chicken and Biscuits (Charlotte, N.C.).
There are deli sandwiches and salads and baked good and donuts in the top five, but No. 1 is all about the chicken.
No. 5 Panera Bread – Based in St. Louis (where its outlets are known as St. Louis Bread Co.), Panera was founded in 1981 and now has more than 1,600 stores. In May, Panera became the first national restaurant chain to publicly list all of the artificial ingredients it will remove from its food by the end of 2016.
No. 4 Krispy Kreme – There are only 239 Krispy Kreme units in the United States today, but they have a single store sales average of $2.4 million. Based in Winston-Salem and started way back in 1937, just announced a move back into Baltimore after a six-year absence and last month announced eight new stores in Chicago.
No. 3 Jason’s Deli – A free ice cream cone with every purchase, and a free ice cream cone to anyone waiting for a to-go order. That’s one of the extras the Beaumont, Texas company offers. With 245 stores, the company is about to celebrate its 40th anniversary.
No. 2 McDonald’s – Even with all the issues related to healthy food, McDonald’s is still a good bet for future franchisees. There are 12,600 units with a single store average annual sales total of $2.6 million.
No. 1 Chick-fil-a – It’s funny that the headquarters are in College Park, Ga., because college kids can’t get enough of Chick-fil-a’s menu. The company is almost 70 years old now, and almost 1,700 stores selling an average of $3.1 million in product every year.
Kent McDill is a staff writer for Millionaire Corner. McDill spent 30 years as a sports writer, working for United Press International and the Daily Herald of Arlington Heights, Ill. From 1988-1999, he covered the Chicago Bulls for the Daily Herald, traveling with them every day through the nine-month season. He also covered the Bulls for UPI from 1985-88, and currently covers the team for www.nba.com. He has written two books on the Bulls, including the new title “100 Things Bulls Fans Should Know And Do Before They Die’, published by Triumph Books. In August 2013, his new book “100 Things Bears Fans Should Know And Do Before They Die” gets published.
In 2008, he resigned from the Herald and became a freelance writer. The Herald hired him to write business features and speeches for the Daily Herald Business Conferences and Awards presentations.
McDill also writes a monthly parenting column for the Herald’s Suburban Parent magazine.
McDill is the father of four children, and an active fan of soccer, Jimmy Buffett and all things Disney.