There are nearly 900,000 restaurants in the U.S. which provide jobs for more than 12 million individuals. For every dollar in sales it brings in, a restaurant keeps less than five cents in profit.
26 percent of restaurants fail within the first year.
59 percent fail within the first three years.
Each day across the U.S.100 to 125 new restaurants open their doors or change ownership.
The employee turnover rate in the restaurant industry is 63 percent.
On a typical day in 2004, restaurant industry sales reached $1.2 billion.
Around 42,000 new restaurant business licenses will be issued this year.
70 percent of bars and restaurants are independently owned.
Four out of 10 adults have worked in the restaurant industry at some time during their lives.
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