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Chick-Fil-A could become third largest fast food retailer

In the next few years, the fried chicken sandwich chain Chick-fil-A will likely leapfrog over Taco Bell, Burger King, and Wendy’s to become America’s third-largest fast food restaurant, only trailing McDonald’s and Starbucks.

That prediction comes courtesy of the restaurant consultancy Technomic. Technomic senior principal David Henkes stated, “The pathway is in Chick-fil-A’s favor in terms of continuing to leapfrog iconic chains that are still doing fine,” adding that other older fast food companies have recovered from losing customers to higher-end chains like Chipotle, “but Chick-fil-A is doing phenomenally.”

A Chick-fil-A spokesperson echoed, “The trajectory we’re on would support that.”

The Atlanta-based restaurant, whose owners publicly espouse strong Christian values to the point where the chain is closed on Sundays, reached roughly $9 billion in sales in 2017, ranking it seventh nationwide among fast food chains. The average Chick-fil-A restaurant grabs over $4 million in annual sales, according to QSR magazine, sizably more than McDonald’s, Burger King, and Wendy’s.

 

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Written by Fossten✓ᵀᴿᵁᴹᴾᴵᴬᴺ♔

Co-Founder and CFO of Sparta Report. Strong advocate of Jeffersonian Democracy. Plays golf and video games. Resides in Charleston, South Carolina, where he will live out the rest of his days unless God picks him up bodily and puts him somewhere else.

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