Overview of the Restaurant & Foodservice Industry Facts & Figures

550,000,000,000

$550,000,000,000 Annual sales

945,000

Restaurant & Foodservice operators

What is an operator?

13,000,000

Number of employees

9

9% Percentage of workforce

What is the total workforce population?

Take 13,000,000. Divide by percentage.

This is an important equation… 13,000,000 /.09

= 144,444,444

57% of restaurant & foodservice managers are women.

25% eating-drinking establishments are owned by women.

15% by Asians.

25% eating-drinking establishments are owned by women. 15% by Asians. 8% by Hispanics.

25% eating-drinking establishments are owned by women. 15% by Asians. 8% by Hispanics. 4% by African-Americans.

Why is this important? …and what is an eating- drinking establishment?

Trend is GROWING! 14,800,000 jobs by 2019.

How much of a percent increase over current numbers is that?

Two ways to figure this out. Take – Divide that by

13%, right? This seems like an important thing to know…

This is the second way… Or take /

113%, right?

That was also good to know. In both cases, that is read as a 13% increase. (the first example 13% is added to (increases) the original number)

Two ways to figure this out. Just how diverse are potential career opportunities?

Sector/SegmentServices OfferedAverage pp checkExamples Family Dining (Full service) Casual Dining (Full-Service) Fine Dining (Full-Service) Quick-Service Quick Casual Catering/Banquet Retail Stadium Airlines & Cruise Ships Non-Commercial