Readers of restaurant development + design magazine are almost always opening or remodeling new restaurants. But how many? Nearly half — 49.48% — plan to open or remodel 5 or fewer locations in 2022.
As for the rest? 21.65% plan to open or remodel between 6 and 10 locations. 18.54% plan to open or remodel between 11 and 50 locations. And just 10.31% plan to open or remodel more than 50 locations in 2022.
rd+d’s ongoing research project periodically surveys qualified subscribers on the state of restaurant development and design. This survey was fielded in April 2022.