1. Subway, 2. McDonald's, 3. Dominos, 4. KFC, 5. Hungry Jacks, 6. Red Rooster, 7. Nando's, 8. Pizza Hut, 9. Zambrero, 10. Oporto. In terms of unit numbers across the country, it will always be tough to compete with long-established fast food companies. In the great majority of situations, we're talking about large brands that have grown to this size as a result of decades of market compounding. However, as we are witnessing in certain cases now, a multi-decade market presence can bring with it its own set of issues in 2020 and beyond. When hundreds of sites require it, an aging retail network in need of considerable rehabilitation and investment becomes a far greater challenge. Additional food rivals and concepts enter the market at the same time, investing in new sites and more current menu options. These, on the other hand, have not lasted the test of time in the market. This list was compiled to assist your research and decision-making process easier. We'll keep you updated as the market evolves and as additional information becomes available.
Subway is an American fast food restaurant brand that specializes in submarine sandwiches (subs), wraps, salads, and beverages. Subway was founded in 1965 in Bridgeport, Connecticut, by 17-year-old Fred DeLuca and financed by Peter Buck as Pete’s Super Submarines. The restaurant was renamed Subway two years later, and in 1974, a franchise operation began with the launch of a second facility in Wallingford, Connecticut. It has since expanded into a global franchise.
Subway provides a multitude of topping options, allowing consumers to personalize their sandwiches with their favorite ingredients. Subway’s long-running slogan “Eat Fresh” alludes to the fresh ingredients used in its sandwiches.
Subway is the largest restaurant chain in the United States, with over 23,000 locations. Subway originated in 1965, when Fred DeLuca, a college student in need of funds, borrowed $1,000 from a family friend to open a restaurant. A year later, they created a second site and continued to grow rapidly.
Subway has locations in over 100 countries, in addition to its large presence in the United States. It is known for providing submarine sandwiches made with fresh meats, cheeses, and vegetables instead of greasy burgers and fried foods, making it a healthier fast food option.
Investment: $195k to $360k AUD (ex GST)
Headquarters: Milford, Connecticut, United States
McDonald’s is an American fast food restaurant founded by Richard and Maurice McDonald in San Bernardino, California, in 1940. They changed the name of their business to a hamburger stand and later turned it into a franchise, with the Golden Arches insignia first appearing in a Phoenix, Arizona location in 1953. In 1955, businessman Ray Kroc joined the firm as a franchise agent and later purchased the McDonald Brothers’ franchise. McDonald’s used to be based in Oak Brook, Illinois, but the corporation moved its worldwide headquarters to Chicago in June 2018.
This firm, which has become synonymous with American fast food, was founded with the purpose of providing fast, consistent, and high-quality meals at all of its locations.
McDonald’s is the world’s biggest global foodservice retailer, with over 37,000 locations in over 100 countries. In more than 90% of McDonald’s locations across the world, independent local businessmen and women own and operate the restaurants.
It all started when Ray Kroc became interested in the California drive-in burger eatery of brothers Dick and Mac McDonald. They kept things moving by offering only nine menu options, including a 15-cent cheeseburger. In 1955, Kroc purchased a franchise and opened the first McDonald’s, and only three years later, the firm sold its 100 millionth hamburger. After buying out the brothers, Kroc grew the company to a national and international level.
Investment: $2mil (approx)
Headquarters: Chicago, Illinois
Richard Allison, the CEO of Domino’s Pizza, an American worldwide pizza restaurant chain founded in 1960, is the company’s leader. The company’s headquarters are located in the Domino’s Farms Office Park in Ann Arbor, Michigan. With over 17,500 locations globally, including over 6,000 in the United States, Domino’s sells an average of three million pizzas every day. However, it sells roughly two million pizzas in the United States alone on Super Bowl Sunday.
In 1960, the Monaghan brothers bought DomiNick’s, an established pizza shop, and Domino’s was created. Tom Monaghan assumed complete control of the company a few years later, and in 1965, he built two more stores and changed the name to Domino’s. The restaurant quickly developed from there, and it now offers non-pizza menu items such as chicken wings and desserts.
The menu at Domino’s varies per location. The current Domino’s menu in the United States is a blend of Italian-American main and side dishes. Pizza is the major draw, with basic, specialty, and custom pizzas offered in a variety of crust varieties and toppings. In 2011, Domino’s released artisan-style pizzas. Other dishes include pasta, bread bowls, and oven-baked sandwiches. The menu includes chicken and bread sides, as well as beverages and desserts.
Headquarters: Domino’s Farms Office Park, Ann Arbor, Michigan, U.S.
Investment: $450k – $600k
Kentucky Fried Chicken, or simply KFC, is an American fast-food restaurant that specializes on fried chicken. This is one of the largest fast food corporations in the world. KFC was founded in Kentucky by Harland Sanders, an American, in 1930. Despite the fact that Sanders passed away in 1980, the KFC brand went on and extended far beyond Kentucky.
With 24,000 KFC locations worldwide, KFC is a division of YUM! Brands. KFC, Taco Bell, Pizza Hut, and Habit Burger are all owned by YUM!
Despite the fact that KFC Australia owns and runs 50 locations around the country, the company is known in Australia for having huge groupings of franchise owners with significant blocks of store numbers in certain regions.
The brand has been successful in national marketing efforts, being very active and visible with big athletic code promotions for a long time, giving it a disproportionately high visibility. However, it cannot be stated that the brand has been proactive and imaginative in expanding its menu choice throughout time.
KFC outlets are decked out for the holidays and offer enticing deals. KFC is the world’s most popular fast food chain, especially among young people, children, and others.
Headquarters: Louisville, Kentucky, USA
Investment: $1,309,900 (approx)
Hungry Jack’s Pty Ltd. is a Burger King Corporation fast food franchise in Australia. It is a wholly-owned subsidiary of Jack Cowin’s Competitive Foods Australia, a privately held firm. All Burger King/Hungry Jack’s restaurants in Australia are owned, operated, or sub-licensed by Hungry Jack’s. The corporation is responsible for licensing new operators, building its own stores, and providing standards monitoring of franchised sites in the country as the master franchise for the country. Hungry Jack’s is the world’s second-largest Burger King brand, with over 400 stores across Australia (second to Carrols Corporation).
Hungry Jack’s has been devoted to continually achieving their corporate promise – The Burgers are Better at Hungry Jack’s – since establishing their first location in Perth in 1971, via quality product innovations and continuing training and development to assist its Team. Hungry Jack’s continues to expand and preserve future potential in the QSR industry as a well-established brand. The corporation owns and operates a large percentage of the stores, while franchise partners own and operate a smaller percentage. Many of the venues look decrepit and in need of a refresh and revitalisation investment at first glance.
Founded: June 19, 1971
Investment: $2.6mil (approx)
Headquarters: Sydney, New South Wales, Australia
Red Rooster is an Australian fast food brand that specializes in roast chicken, chicken burgers, and fried chicken. It was started in 1972. Whole roasts, half roasts, wraps, burgers, salads, drinks, and desserts are among their offerings. Craveable Brands, which also owns Oporto and Chicken Treat, is the owner of this brand. Another fast food chain that appears to have a substantial number of sites that need to be refreshed and re-invested in.
Except for Tasmania, there are around 360 Red Rooster shops in Australia as of 2012. Seven Red Rooster restaurants on the Sunshine Coast abruptly closed in 2019. Concerns have been expressed concerning Red Rooster’s franchise model, claiming that the company’s specialization on poultry makes it difficult for it to adjust swiftly to changing market trends.
“In 2020 and beyond, Red Rooster will be modernizing… from modernising restaurant design, to upgrading technology in restaurant as well as user interfaces, to culinary innovation including new burgers, new snacks, and expanding our chicken offering,” the company’s website states.
Kudos to the company for seeing the problem and taking a stand against many other well-known food brands that have been on the slide in recent years. Now it’s time to put the strategy into action for all stakeholders.
Headquarters: Chatswood, Australia
Investment: $350k – $900k
Nando’s is an international fast food business based in South Africa that specializes in flame-grilled peri-peri chicken. Nando’s was founded in Johannesburg in 1987 and now has over 1,200 locations in 30 countries. The Rooster of Barcelos, one of Portugal’s most well-known emblems, appears in their logo.
Several years ago, the brand was extremely prominent and had a strong on-going growth and market presence in Australia, but it has seen a major fall in recent years. The firm claims to operate a “blended franchise and corporate-owned retail model.”
Unfortunately, the firm has been highlighted prominently in recent news about retail renovation expenses and closures. The renovations appear to be critical in positioning the brand for the future competitive fast food / casual dining consumer market.
Headquarters: Abbotsford, VIC
Investment = $950k to $1mil
Pizza Hut is a franchised American restaurant chain that specializes in a variety of pizzas, as well as spaghetti, beef thighs, breadsticks, and cakes, as well as garlic butter noodles.
In 1958, American brothers Dan and Frank Darney founded a pizza business in Wichita, Kansas. Pizza Hut has swiftly become a household name in the United States. In 1977, the Darney brothers sold the franchise to PepsiCo, which expanded Pizza Hut into new regions across the world.
Pizza Hut today has over 18,500 outlets worldwide, making it the world’s largest pizza manufacturer and marketer. The fast food chain’s headquarters has relocated to Plano, Texas. It was a branch of PepsiCo’s “Yum! Brands,” which was split off in 1997.
Zambrero is an Australian fast food restaurant chain based in Canberra that specializes on Mexican cuisine. Sam Prince, a medical student at the time, started it with the intention of utilizing the income to help humanitarian causes. For every meal purchased through the chain’s Plate4Plate initiative, a meal is donated to someone in need in the developing countries.
Dr. Sam Prince, a university student in Canberra at the time, launched the company in 2005. When other Mexican companies attempting to get into the market were unable to match them for whatever reason, which remains unknown, the brand saw unexpected growth over a long period of time, roughly from 2013 to 2017.
With its Plate 4 Plate program, it has clearly positioned its brand image on ‘helping to eradicate world hunger,’ and this has been a fundamental pillar of both customer and franchisee-related marketing. This endeavor ought to be applauded.
The concern for the brand in the future is whether it will be able to attract and keep its consumer share of market, especially when competition from Mexican products enters the Australian market.
The network encourages multi-restaurant ownership.
Headquarters: Sydney, NSW
Investment: $350k to $450k
Oporto Holdings Pty Ltd is a Portuguese-themed fast food restaurant franchise in Australia. Oporto is known for its Portuguese chicken and burgers. It is a part of Craveable Brands, a fast food holding firm that also owns the Red Rooster and Chicken Treat brands.
Craveable Brands, which also owns the Red Rooster and Chicken Treat brands, owns the franchise. The brand is concentrating on expansion in the QLD, VIC, and WA markets in 2020, despite the fact that the great bulk of its outlets are in NSW. In recent years, the brand has expanded into Singapore and Sri Lanka.
Headquarters: Chatswood, NSW
Investment: $450k – $900k