He opened his second store in Macomb, Illinois. He later opened several more stores and developed a prototype before franchising began in 1993. In January 2007, Liautaud sold a thirty-three percent stock to Weston Presidio, a San Francisco-based private equity firm. He retained sixty-seven percent ownership of the company. In 2010, When the Industrial Workers of the World attempted to unionize ten Minneapolis Jimmy John’s locations, the New York Times called effort “one of the few efforts to organize fast-food workers in American Industry”.
As of 2012 Chick-fil-a has a total of 1,600 restaurant locations, making them the second largest fast food restaurant chain in the U.S. (Chick-fil-a, 2012). This company falls under the quick service restaurant field and under the monopolistic competition market, which comes with a lot of different competitors. Chick-fil-a does not have too many direct competitors in the chicken fast-food industry, but when looking at the fast food industry as a whole they have quite a few competitors. When it comes to selling their main, and only product, chicken. Their main competitor would be KFC who is ranked number one in the chicken field, and overall for the quick service field McDonalds ranks number one.
White Castle began in 1921 by founder Billy Ingram and the White Castle hamburger is introduced in the market. The name White was meant to describe the company’s purity and cleanliness and Castle signified strength and stability. According to the company’s recent press release, White Castle was the first fast food hamburger chain, founded in 1921and now operates more than 400 restaurants in eleven states (2010). The original success of the company was in its marketing because before 1921, the hamburger was an undesirable product (Goldberg, 2010). In terms of fast food restaurant life span, even twenty-five years in business can seem like an eternity.
When President Obama moved to the White House, a Five Guys staffer suggested sending him a T-shirt. “That’s cheap!” Murrell shot back. Playing coy worked, and soon Obama, trailed by TV cameras, stopped by a store. He ordered a cheeseburger with lettuce, tomato, fresh jalapeños, and mustard — a classic example of Five Guys’ formula that sells 2 million burgers a week and was named Zagat’s “best fast food burger” for 2010. For this reporter, evaluating the burger first-hand was problematic: I’ve been a vegetarian for more than a dozen years.
Sticking to the Mexican food theme, he named the restaurant chipotle which derives from the Mexican Spanish name for a smoked, dried jalapeno chili pepper On July of 1993 with the help of his father’s loan of 85,000 dollars he opens the first chipotle Mexican grill in Denver, Colorado. Locating the restaurant near the campus of the University of Denver. At an old dolly Madison ice cream shop that was 880 square feet. In order to be profitable ells goal was to sell 107 burritos a day but the restaurant was selling well over 1000 burritos a day. Giving him the opportunity to open his 2nd restaurant in 1995 with just the profits from his first restaurant.
| 1. Determine how Five Guys’ philosophy sets it apart from other fast-food chains. Five Guys Burger and Fries is a family business that was established as a small hamburger take-out shop in Arlington, Virginia. Five Guys’ philosophy concentrates on food; their goal is to do better hamburgers and French fries than anyone else in that industry, as well as, focusing on a few items and serving them to the best of their ability. The meat for the burgers is eighty percent lean, is always fresh and never frozen.
Over the course of years new items would be added to the menu; however the original Chick-fil-A sandwich would always be the leading sandwich. Since 1967 Chick-fil-A has become the second largest quick service restaurant in the United States. Currently, there are over one thousand seven hundred locations in thirty nine states. In 2012 sales reached four point six billion dollars, this was a fourteen percent increase since 2011. Chick-fil-A’s SWOT analysis Strengths *Established in the United States *1700 locations in 39 states *Successful advertising slogan: “Eat morchicken” *Well known for its chicken sandwich and other chicken products.
Not only have their menu remained the same but so have their suppliers. They have been getting their beef from the same supplier for more years than Murrel can actually remember, and use Idaho potatoes instead of faster-growing cheaper potatoes from Florida and California (Melnick, 2011). Socially they set out to continually provide customers with their fresh made to order burgers and fries along with fresh add-on items like jalapenos and onions to name a few. Five Guys focuses on using their money to produce high quality food and still till this day do not advertise. Instead the company uses the money that would go to advertising to encourage employees to be courteous, clean, and proficient and food preparation.
Burger King and Taco Bell started in the 1950s, and Wendy's opened in 1969. Some chains, like Carl's Jr., KFC and Jack in the Box, existed before the Speedee Service System, but modified their cooking techniques after. McDonald's, which started it all, is now the world's largest fast-food chain. According to the National Restaurant Association, in 2005, sales of
Brands, Inc. and America’s leading Mexican inspired quick service restaurant chain. Taco Bell® serves more than 2 billion consumers each year in more than 5,800 restaurants in the U.S. Originated by Glen Bell, Taco Bell® became a reality on March 21, 1962. The first Taco Bell® restaurant was built in Downey, California. Taco Bell® was acquired by PepsiCo in 1978.