QSRs Projected to Grow 10% Through 2029

A report from Avison Young gave a status update on quick service restaurants and how they have been holding up under CRE strain. Which has been pretty well, given circumstances.

The U.S. market has a current count of 195,507 QSR locations and is valued at a current $406.7 billion. The firm projects a 10.28% expected growth from now through 2029. “These expectations reflect the resilience of the QSR industry, particularly in the net lease sector, as it continues to adapt to the constantly evolving landscape,” they wrote. Yum! Brands is the company with the leading market share of 6.47%.