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Published byBertram McKinney Modified over 8 years ago
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Overview of the Restaurant & Foodservice Industry Facts & Figures
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550,000,000,000
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$550,000,000,000 Annual sales
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945,000
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Restaurant & Foodservice operators
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What is an operator?
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13,000,000
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Number of employees
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9
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9% Percentage of workforce
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What is the total workforce population?
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Take 13,000,000. Divide by percentage.
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This is an important equation… 13,000,000 /.09
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= 144,444,444
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57% of restaurant & foodservice managers are women.
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25% eating-drinking establishments are owned by women.
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15% by Asians.
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25% eating-drinking establishments are owned by women. 15% by Asians. 8% by Hispanics.
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25% eating-drinking establishments are owned by women. 15% by Asians. 8% by Hispanics. 4% by African-Americans.
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Why is this important? …and what is an eating- drinking establishment?
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Trend is GROWING! 14,800,000 jobs by 2019.
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How much of a percent increase over current numbers is that?
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Two ways to figure this out. Take 14800000 – 13000000. Divide that by 13000000.
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13%, right? This seems like an important thing to know…
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This is the second way… Or take 14800000 / 13000000.
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113%, right?
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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)
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Two ways to figure this out. Just how diverse are potential career opportunities?
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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
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