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April 05, 2018

Analysts: Chick-Fil-A Will Become Nation's Third-Biggest Fast Food Chain by 2020

Clucks.

According to restaurant consultancy firm Technomic, which shared its findings with Buzzfeed News, Chick-fil-A is poised to become the third-largest fast-food chain in the nation by 2020 in terms of sales, trailing behind only McDonald’s and Starbucks.

The chicken chain was ranked eighth in a 2017 report from QSR magazine, behind McDonald's, Starbucks, Subway, Wendy’s, Burger King, Taco Bell and Dunkin Donuts.

"The trajectory we're on would support that," a Chick-fil-A spokesman told Buzzfeed News in response to Technomic’s findings.

According to the QSR 50 rankings, the average Chick-fil-A already takes in $4.4 million annually per unit, a figure that dwarfs its nearest competitor -- Whataburger, which takes in $2.7 million per unit per year.

The average McDonald’s and Starbucks pull in $2.5 million and $1.1 million, respectively. Chick-fil-A, however, only boasts a fraction of the revenue-generating locations as McDonald's and Starbucks.


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posted by Ace of Spades at 08:16 PM

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