Was the Second-Gen Real Estate Boom a Myth or Reality for Restaurants?
As the COVID-19 pandemic moves into its third year, an old real-estate saying seems to be easily transferrable to the limited-service restaurant industry: location, location, location. Two years ago, as operators worried about worsening economic conditions, many experts predicted a huge shakeout that would result in a sizable number of quick-service and fast-casual closings, creating thousands of available second-generation locations.
Source: qsrmagazine.com