Since the first drive-thru window opened in the late 1940s, this country has been obsessed with the convenience and low prices of fast-food restaurants. They’re quick. They’re typically light on the pocketbook. There is usually an open one nearby.
Fast-food restaurants are everywhere. They may also be in your portfolio.
What is the fast-food restaurants industry?
Fast food represents the largest segment of the restaurant industry. A whopping 78% of all dining establishments in this country are considered part of the quick-service restaurants, or QSR, family that many define as the fast-food sector.