What’s Your Foodservice Future?
How to Grow and Where to Grow?
There are a few significant differences between limited-commitment retailers and moderate-commitment ones. What follows are the equipment pieces limited-commitment retailers can expect to invest in as they grow their program:
- Fifty-eight percent of moderate-level retailers have a roller grill, compared to 30% of limited retailers.
- Fifty-three percent of moderate retailers have a hot-holding display case, compared to 19% of limited retailers.
- Forty-nine percent of moderate retailers have a hot box or warming cabinet, compared to 11% of limited operators.
- Thirty-two percent of moderate operators have a fryer, compared to 7% of limited retailers.
Likewise, those at the moderate-commitment level can look to the high-commitment retailers to see what they’ll likely need to evolve their program and expand their menu.
- Seventy-six percent of high-commitment retailers have a convection oven, compared to 29% of moderate-level retailers.
- Sixty-six percent of high retailers have a fryer, compared to 32% of moderate retailers.
- Fifty percent of high retailers have a flat-top grill or range, compared to 23% of moderate retailers.
- Forty-two percent of high retailers have a conveyer oven, compared to 8% of moderate retailers.
- Twenty-four percent of high retailers have a high-speed oven, compared to 11% of moderate retailers.
As the moderate- and high-commitment retailers revealed, “those who are investing in [foodservice] report high sales growth, which escalates with expansion,” says Wood of Product Evaluations. “As with any business opportunity, the strategy must fit the operation, but as foodservice is wide-ranging, the potential to add food or beverages and/or equipment is limited only by your imagination and available space."