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| Topic: |
Business
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| Number of pages / Number of words: |
11 / 3000 |
Essay's paper body
More and more people have less time, resources, and ability to cook for themselves. Trends are very important and Abonda is well positioned for the current interest in lighter, healthier foods at moderate to low prices.
The Restaurant Industry Today
The food service business is the third largest industry in the country...
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It accounts for over $240 billion annually in sales. The independent restaurant accounts for 15% of that total. The average American spends 15% of his/her income on meals away from home. This number has been increasing for the past seven years. In the past five years the restaurant industry has out-performed the national GNP by 40%...
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