The outlook for QSRs remains positive. Even as consumer demand for healthier food increases, consumers continue to be lured by the low price point and convenience of QSRs. To meet consumer expectations of healthier fare, QSRs are revamping their traditional menus and providing additional healthy items, such as salads and food that isn’t fried.
The continuing merger and acquisition (M&A) activity in the middle market stems in part from private equity groups and strategic investors targeting larger quick-service restaurant (QSR) franchisees. These operations, which often comprise many individual stores, pose particular challenges to performing due diligence.