Britton Law, P.A.
Free Consultation For Injury Cases
Due to precautions related to COVID-19, remote consultations via teleconferencing, Facetime or Skype are available. Please contact our office to discuss if this option is appropriate for your situation. Let’s all stay healthy and safe.

Restaurant growth suggests new business opportunities

People in the Raleigh area who are looking to start a new business may consider opening a restaurant. The food industry is growing in the Triangle, according to a new report. The number of both independent and chain restaurants went up last year, the report indicates.

As of autumn 2012, there were 5,385 restaurants open for business in the Triangle. That is an increase of about 2.5 percent over the previous year, when only 5,254 restaurants were in operation. While the number of chain restaurants increased by about two percent, small-business restaurant businesses made up of one or two locations increased by four percent, suggesting that opportunities may still exist for those interested in opening their own place.

The restaurant industry saw nationwide growth as well, though at a significantly lower rate. The total number of restaurants in the U.S. was measured at slightly over 616,000, an increase of 0.7 percent. Fast-food restaurants led the growth. An executive with the company behind the food-industry study said that people are going out to eat more often and spending more money once there.

Starting a restaurant can be a rewarding way to succeed in business, but there are legal issues that entrepreneurs should consider. These include obtaining the proper licenses and making sure that all business contracts are comprehensive and legally enforceable. Also, opening a chain restaurant may involve different legal obligations than starting an independent location. An experienced business attorney can be helpful when starting a new business such as a restaurant.

Source: Triangle Business Journal, "Number of restaurants in the Triangle growing at a fast rate," Amanda Jones Hoyle, Jan. 24, 2013

No Comments

Leave a comment
Comment Information

Send Us An Email. We’ll Listen.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Britton Law, P.A.
2850 Village Drive, Suite 206
Fayetteville, NC 28304

Toll Free: 888-811-9738
Phone: 910-401-3356
Fayetteville Law Office Map

Britton Law, P.A. Office

Call Our Law Firm:

910-401-3356 ~or~ 888-811-9738
Restaurant growth suggests new business opportunities | Britton Law, P.A.