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NEWS / UPDATES
Arizona Facts:
| Statehood: |
February 14, 1912 |
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| Nickname: |
Grand Canyon State |
| Highest Point: |
Humphreys Peak - 12,633 (3.581m) above sea level |
| Residence Population: |
5,939,282 (2005 est.) |
| Number of counties: |
15 |
| State parks: |
28 |
| Major rivers: |
Colorado River, Little Colorado River, Gila River, Bill Williams River |
| Major lakes |
Lake Mead, Lake Havasu, Lake Mohave, Theodore Roosevelt Lake, Lake Powell |
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Bird: |
Cactus Wren |
| Flower: |
Saguaro Cactus Blossom |
| Lowest Point: |
Colorado River; 70 feet |
| Colors: |
Blue and Old Gold |
| Song: |
"Arizona" |
| Tree: |
Palo Verde |
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| Fossil: |
Petrified Wood |
| Gemstone: |
Turquoise |
| Mammal: |
Ringtail |
| Reptile: |
Arizona Ridgnose Rattlesnake |
| Fish: |
Arizona Trout |
| Amphibian: |
Arizona Tree Frog |
| Butterfly: |
Two-Tailed Swallowtail |
Small Businesses:
• Represent 99.7 percent of all employer firms
• Employ half of all private sector employees.
• Pay 45 percent of total U.S. private payroll.
• Have generated 60 to 80 percent of net new jobs annually over the last decade.
• Create more than 50 percent of non-farm private gross domestic product (GDP).
• Supplied more than 23 percent of the total value of federal prime contracts in FY 2004.
• Produce 13 to 14 times more patents per employee than large patenting firms.
These patents are twice as likely as large firm patents to be among the one percent most cited.
TAKE-OUT on the rise…
According to Restaurant Talking Points, in the next two years, take-out is expected to grow
to a $195 Billion segment of the foodservice industry.
WHY RESTAURANTS LOSE CUSTOMERS
1%Customer dies
3%Move away
5%Influenced by friends
9%Lured away by the competition
14%Dissatisfied with the product
68%Turned away by an attitude of indifference on the part of a company employee
FRANCHISE FACTS
• There are an estimated 1,500 different franchisors operating in the U.S.
• There are more than 320,000 franchise retail outlets in the U.S.
• The franchising industry employs over 8 million people in the U.S.
• Annual U.S. retail franchise sales in 2000- 1 trillion
• The franchise industry accounts for 40% of all retail sales in the US
• A new franchise business opens every 8 minutes of every business day
• Approximately one out of every 12 businesses in the U.S. is a franchise business
• More than 75 different industries use franchising as a means to distribute goods & services
• The average initial franchise investment is $250,000- excluding real estate.
• The average royalty fees paid by franchisees range from 5% to 7% of monthly gross sales
• Most franchise companies have fewer than 100 units
• The average length of a franchise contract is 10 years
• Top franchise industry- Fast Food
DID YOU KNOW?…….
According to the National Restaurant Association 2006 sales will exceed half-trillion dollar mark for nation’s largest private-sector employer. Restaurant industry sales are expected to reach a record $511 billion in 2006, according to the National Restaurant Association’s 2006 Restaurant Industry Forecast.
The overall economic impact of the restaurant industry is expected to
Exceed $1.2 trillion in 2005!
* Most common operators
NATIONAL TRADE SHOWS
2007
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Mar 21-25
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Foodservice Equipment Dist. Assoc
2007 Annual Convention
Palm Desert, CA-- www.feda.com
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June 3-5
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International Dairy-Deli-Bakery Assoc.
Dairy-Deli-Bake 2007
Anaheim, CA— www.iddba.org
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July 21-25
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American Culinary Convention
2007 National Convention Trade Show
Orlando, FL— www.acfchefs.org
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Sept 8-10
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Retailer’s Bakery Association
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Oct 7-10
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Oct 24-27
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2008
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Mar 26-30
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Foodservice Equipment Dist. Assoc
2008 Annual Convention
Palm Desert, CA-- www.feda.com
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June 1-3
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International Dairy-Deli-Bakery Assoc.
Dairy-Deli-Bake 2008
Orlando, FL— www.iddba.org
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If you are interested in Buying, Selling, or Expanding, need information or would like to meet with us, feel free to contact us anytime. We would be happy to meet with you and discuss your business, your goals, or answer any questions.
Lynn McKee 480.223.1234 ext. 26
Amber Barnes 480.223.1234 ext. 27
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