The average Chick-fil-A restaurant generates more than double the revenue of the average McDonald’s restaurant, according to a new Goldman Sachs analysis that also predicted Chick-fil-A has an even brighter future.
Chick-fil-A does this despite being closed Sundays. “Our brand survey shows that Chick-fil-A has had the most brand momentum across [fast-food restaurants] – supporting the most increase in total revenue (in dollar terms) in the US,” the analysts said. Business Insider was the first to report the new data, which showed Chick-fil-A franchises generate double the average revenue of a McDonald’s restaurant. Goldman Sachs cited Technomic data. The Goldman Sachs analysts also said the company has experienced a “rapid rise.” “Steer clear from those in the fray of Chick-fil-A,” it said. “Our 2,000-consumer brand survey suggests they will continue to take share and grow.” Earlier this year, Chick-fil-A […]