Fast food and restaurants is and will still be the fastest growing segment of the franchise industry. While this may be so, your success is not guaranteed when you enter this race. Because of the popularity of food franchises, the market tends to become saturated with this type of business. More and more you see fast foods and restaurants vying for the same market are opening shops back to back or side to side in malls, commercial areas and almost every other place in the downtown area. Of course with the daunting number of choices, the overall financial performance of these types of franchises tends to bottom out and lose steam over time.
Welcome the newest on food franchises. One that is designed not for the overall market but a large niche in the market looking for something different is the food choices available to them. In this case, the smaller the target market is, the more chances of dominating that particular niche and when it comes to different flavored wings there is no other like the new wing stop. Wing stop is different from the other types of food franchises such as the Italian food franchise, pizza franchise and burger franchise in such that it only serves delicious hot wings of different flavors.
Wing stop started out with one outlet back in 1994. With consistent and great customer service, fantastic food and a good and sound business system, wing stop has grown to over 450 outlets in the succeeding years. This alone is a great testament to the viability of wing stop as a franchise choice and the competitive advantage it enjoys over other franchises in the food industry.
One other great example of franchising success through concentrating on a small niche is New York City bagel. As the bagel is one of the all time favorite of Americans from coast to coast, it is not surprising that the bagels that this food franchise offers have become an automatic choice for those wanting to grab a bite to eat. It has become the automatic snack choice for meetings, overtime work and seminars. The good news for those thinking of going into this line of food franchise is the relative simplicity of managing the staff and the relative ease in producing the products for sale.
So if you are thinking of going into the food franchise industry but want to have something unique, check out the newest and hottest franchise opportunities when you log on today.
The Franchise Guide writes about Franchises, Franchising and Franchise Opportunities .