Single Location Full-Service Restaurants in Texas
The Single Location Full-Service Restaurants industry in Texas has grown robustly over the past five years. Continued increases in consumer spending across the state amid rising nationwide consumer confidence has led to consistent growth throughout the period, while a larger swath of the upscale dining segment has performed well thanks to a higher number of households earning more than $100,000, coupled with rising business interest in Texas. Industry growth is expected to slow over the next five years, as consumer confidence is expected to falter somewhat thanks to the global economy's current volatility. While no severe revenue declines are expected, restaurants will continue to operate in a slow-growth environment, as many segments of the industry have reached a saturation point.
This industry includes single-location, independent or family-operated restaurants that provide food services to patrons who order and are served while seated (i.e. waiter and waitress service) and pay after eating. These establishments may sell alcohol and other beverages, in addition to providing food services to guests.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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