Chick-Fil-A is run by a devout Christain family. The restaurant is closed every Sunday. But according to MarketWatch Chick-Fil-A is poised to become the third biggest restaurant chain in America. Surpassing both Burger King and Wendy’s in annual sales.
Related: Universe Continues to Make Chick-Fil-A Drive Thru D-Bag Pay for being a D-Bag.
According to Kalinowski Equity Research, Chick-fil-A could move into the number three spot on the list of largest U.S. restaurant concepts in 2018, which was held by Subway, the privately held sandwich chain, in 2017. That would be ahead of the 2020 projection made by others.
Kalinowski cites Restaurant Business data that shows Chick-fil-A sales up 15.5% this year. Traffic is up 10%.
If you didn’t guess McDonald’s is Number one and Starbucks is number two. McDonald’s has 14,000 domestic locations give or take. Starbucks has 14,600. Wendy’s has 5400 and BK’s got 7400. And unlike the previous figures when you Google “how many Chick-Fil-A locations in the US” you have to go hunting. Best Guess is just over 2000. Wiki-make-it-up says 2200 – most in the US.
Do the math. Two thousand stores, third highest sales. Here’s why.
Chick-fil-A’s popularity is sky-high. According to data from QSR Magazine, in 2016 alone its average sales per restaurant was $4.4 million, compared to its competitor KFC, whose average was $1.1 million.
More foot traffic. Higher average check. To the latter point, the food’s not cheap. But it’s amazing. Because “value and values” matter. Good food. Good people. Great service. Six-day work week. Number three, guaranteed.
If not in 2018, then 2019, but the analysts think they will pull it off this year.
Those boycotts really paid off Lefties.
H/T RedState
