These 20 chains dominate the fast-food industry - Business Insider

According to data compiled by Technomic and

, the top 20 chains in the US — in terms of 2019 sales — were responsible for three-fourths of the industry's total sales growth last year. in the country by looking at financial filings by public companies, surveying direct operators, and examining franchise disclosure documents. It also made use of a proprietary valuation algorithm.

The data was collected during 2019, and obviously, 2020 has brought about significant changes for the restaurant industry. Generally, large fast-food chains have fared better than independent restaurants, thanks, in part, to existing tech and infrastructure like apps for online ordering and drive-thrus, which were permitted to remain open even as dining rooms were ordered closed.

Woah!! Revenue of Mcdonalds was almost equal to bottom 10 in the list. And we are talking about Top20 here.

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Source: CNBC - 🏆 12. / 72 Read more »