
T
he newly revised 3rd edition of Restaurant Franchising is a classic vol-
ume covering one of the most vibrant and vital sectors of the U.S. econ-
omy. Nearly 190,000 franchise restaurants provide more than 4.1 million jobs
and more than $266.4 billion in economic output—amounting to one-quarter
of all establishments, one-half of all jobs, and one-third of the total economic
output of the franchising industry. The franchising sector of the restaurant
industry accounts for nearly 40 percent of total restaurant industry sales of
$660 billion, 30 percent of the more than 13 million restaurant industry jobs,
and nearly 20 percent of all restaurant ...