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Restaurants, Sandwich Shops, and Cafes

SIC 5812  /  NAICS 722000

The following guide to industry information, research, and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.


Select from the following resource categories or scroll down the page below for a complete listing of all available resources:

Industry Overview, Issues, Trends and Outlook

Financial Information and Financial Ratios

Compensation and Salary Surveys

Business Valuation Resources



For resource guides specific to other industries, see Industry Information Resources which covers over 400 individual industries.



Industry Overview, Issues, Trends, and Outlook


Restaurants   |   Fast Food and Quickservice Restaurants
http://www.firstresearch.com
Profiles cover key aspects of an industry's size, scope, and operations, recent news and developments, industry trends, risks, and opportunities, and include a five-year industry forecast. Profiles are updated quarterly and include:


National Restaurant Association
Information resources available from this trade association include:

Restaurant Industry Forecast
http://www.restaurant.org/research/
Annual forecast is an overview of consumer and industry trends and includes an economic outlook for sales by business segments and state-by-state projections. Executive summary is free online.

Restaurant Trends
http://www.restaurant.org/research/
Annual studies look at the latest trends and consumer attitudes that affect foodservice operations.


Full-Service Restaurants   (72211)   |   Fast Food Restaurants   (72221)
Reports provide in-depth industry analysis and a five-year industry forecast, with special focus on the underlying structure and external forces and relationships that affect an industry and its performance. Report sections include:


IRS Audit Technique Guides
Retail Industry - Restaurants and Bars
http://www.irs.gov/businesses/small/article/0,,id=108149,00.html
Guide contents include an overview of the industry and its business practices with primary focus on accounting and tax issues. Available free online.

Bureau of Labor Statistics, U.S. Department of Labor
Career Guide to Industries - Food Services and Drinking Places
http://www.bls.gov/oco/cg/cgs023.htm
Information provided includes a description of the nature of the work, number and types of jobs, education and training, wages and earnings, employment outlook, and sources for additional information. All information is free online.

Entrepreneur Magazine Business Startup Kits
How To Start A Restaurant
http://www.entrepreneur.com/toolkit
Free startup kit provides an overview of the industry and key factors to be considered in starting a business.

Entrepreneur Magazine Business Startup Guides
Restaurant and Five Other Food Businesses
http://www.smallbizbooks.com/
Startup guide provides an overview of the industry and takes users through the various aspects of starting a business and running it successfully. Detailed table of contents and excerpts from the guide are free online.

Food Service and Hospitality Market Research Reports
http://www.marketresearch.com
In-depth business market research reports include information on market size and market segmentation; marketing strategy; product and market forecasts; business trends, risks, and opportunities; key participant profiles; market share data; and more. Summary abstract and detailed table of contents for each market research report is accessible free online.

Industry Market Analysis Reports
Restaurants, Sandwich Shops, and Cafes
http://www.bizminer.com  Select "Retail - 5812"
Industry statistics include industry sales and sales trends, market size and market share by sales class, average company sales and sales per employee, staffing and employment trends, business start up activity and failure rates, and other business statistics on a national, state, and metropolitan area level. Sample market analysis reports can be viewed free online.

More Industry Research and Analysis
For more business research and analysis available from Standard & Poor's, Freedonia, Euromonitor, Dun & Bradstreet, and other sources—including key business statistics, market research and analysis, and business trends and forecasts for a wide range of industries, see Industry Overview, Issues, Trends, and Outlook.




Financial Information and Financial Ratios


Industry Financial Ratios
Restaurants, Sandwich Shops, and Cafes
http://www.bizminer.com  Select "Retail - 5812"
Five-year comparative financial statement analysis includes income statements with expense detail, balance sheets, cash flow statements, and key business and financial ratios for restaurants, sandwich shops, and cafes. Reports are available by sales size range, and also in small business, sole proprietor, and business start up versions. Sample reports with detailed financial ratio analysis can be viewed free online.

National Restaurant Association
Restaurant Industry Operations Report
http://www.restaurant.org/research/
Annual study provides financial data on cost of sales, gross profit, direct operating expenses, and other performance measurements.

More Industry Financial Analysis
For more business financial information and analysis available from Integra Information, RMA Annual Financial Statement Studies, and other sources—including financial statements, financial ratios, and other key performance indicators and benchmarks for a wide range of industries, see Industry Financial Information and Financial Ratios.




Compensation and Salary Surveys


National Restaurant Association
Hourly Wages for Foodservice Personnel
http://www.restaurant.org/store/
Report provides hourly wages for foodservice personnel on a national, state, and metro area level, and also includes employment statistics for various foodservice occupations.

ERI Economic Research Institute
Food Service Retailing Salary Survey
http://salary-surveys.erieri.com/
Survey provides compensation data for executive, management, and hourly personnel on a national and state level by company size. Complete listing of job positions included in the survey and sample pages for selected positions are accessible free online.

Bureau of Labor Statistics, U.S. Department of Labor
Career Guide to Industries - Food Services and Drinking Places
http://www.bls.gov/oco/cg/cgs023.htm
Information provided includes a description of the nature of the work, number and types of jobs, education and training, wages and earnings, employment outlook, and sources for additional information. All information is free online.

Officer Compensation Expense
See "BizMiner Industry Financial Ratios" above for report including this data.
Five-year comparative financial analysis details officer compensation expense in both dollars and as a percentage of sales. Available by sales size range, and also in small business, sole proprietor, and business start up versions. Sample financial reports can be viewed free online.

More Compensation and Salary Data
For more compensation and salary survey data available from ERI Economic Research Institute, PayScale, Salary.com, and other sources—including average salary, salary range, incentive compensation, and employee benefits information for a wide range of jobs and industries, see Compensation and Salary Surveys.




Business Valuation Resources


BIZCOMPS® Special Food Service Edition
http://www.bizcomps.com/bzfood.html
The special food service edition study of 1,700 foodservice business sales transactions and includes restaurants, fast food, delicatessens, catering, coffee houses, and cocktail lounges.

BVR's Guide To Restaurant Valuation
Business Valuation Resources, LLC, 2009
http://www.bvresources.com/bvstore/book.asp?pid=PUB212
Guide addresses various considerations involved in the valuation process including economic and industry outlook, market research, capital expenditures, franchises, financing, and more. Online access feature includes searchable text, updates, and bonus content. Detailed table of contents is accessible free online.

The Handbook of Business Valuation
Chapter 23 - Valuing Restaurants
Thomas L. West and Jeffrey D. Jones, John Wiley & Sons, 1999
http://www.amazon.com/exec/obidos/ASIN/0471297879/wwwvaluationreso/
Includes rules of thumb and several chapters on specific industries, including restaurants. Search for chapter title using Amazon.com's "Search Inside" feature to preview chapter contents.

Small Business Valuation Formula Multiples
Restaurants, Sandwich Shops, and Cafes
http://valuationresources.com/Misc/ValuationMultiples.htm
Report provides small business valuation formula multiples for restaurants, sandwich shops, and cafes and more than 200 other industries. Valuation multiples are derived from market transactions as reported by BIZCOMPS®, with the primary focus on small companies priced at less than $1 million.

BVMarketData
Private Company Sales Transactions Databases
Pratt's Stats®  http://www.bvmarketdata.com/PSAdvSearch.asp
BIZCOMPS®  http://www.bvmarketdata.com/BIZAdvSearch.asp
Free "Visitor Search" allows users to search thousands of private company sales transactions by SIC Code, NAICS Code, or business description for comparable business sale transaction data, including revenue, earnings, and EBITDA multiples. Data can be purchased as a single report or by subscription.


More Business Sale Transaction Data
For more business sale transaction data available from BizBuySell®, Done Deals, MergerStat, Public Stats™, and other sources for a wide range of industries, see Business Valuation Multiples and Merger & Acquisition Transaction Data.



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