According to a market analysis cited by Heute, fast food in Austria is expected to drop sales by around 14% this year, to around 1.1 billion euros.
This means that the industry is losing revenues of almost EUR 200 million.
In 2019, 1.3 billion euros were generated by Austrian fast food industry. This shows an increase of four percent compared to the previous year. Big players such as McDonald’s, Burger King, Subway, sales increased by 4.8 percent compared to the previous year.
However, the number of unorganized business premises shrank again by five percent to around 1.400 locations.
As a result, their average operating turnover increased by seven percent compared to the previous year. With an average of 300.000 euros, a snack stand still trades less than a tenth of a typical McDonald’s branch.
