street food in Haugesund

Industry Profile and Development

The street food industry in Haugesund has shown strong fluctuations over time, but has experienced a significant sales increase since 2020. With 12 registered companies in the municipality, including both AS and ENK entities, the industry is relatively small-scale, but with potential large-capitalized actors such as Endresen Invest As. Sales have increased by 68.1% from 2024 to 2025, indicating growing demand for fast food in the region. Workforce development has been more unstable, with a decline of 28.3% from 2024 to 2025 before a mild increase in 2026.

Economic Trends

Sales Development:

Workforce Development:

The industry has experienced an extremely strong sales increase in 2025, but workforce development has been more unstable. This fluctuation may be due to both company growth and declines in certain actors such as Big Bite Avd 319, which reported zero sales in 2025.

Companies in the Industry

Organizational Forms:

Key Companies:

• Endresen Invest As (Viervegen 30): 27 employees, 8.3M in sales, 22% EBITDA margin
• El Toro As (Djupaskarvegen 82): 15 employees, 8.9M in sales, 0% EBITDA margin
• Big Bite Avd 319 (Skåregata 92): 3 employees, 0 in sales, 0% EBITDA margin

Many companies in the industry have weak or zero sales, indicating that some of the registered companies are newly started or in the startup phase.

Industry Geography

Activity Distributed Across Locations in the Municipality:

All companies in the industry are registered in Haugesund city center, with a focus on street kitchens and fast food. There is no clear geographic spread within the municipality.

Industry Dynamics and Competitiveness

Bankruptcies and Stability:

• No bankruptcies registered in the industry from 2016 to 2026.
• El Toro As has a negative operating result (NOK -117.0K) but is still in operation.
• Big Bite Avd 319 and several other companies have zero sales, which may indicate that they are in the startup phase or have ceased operations.

Competitiveness:

• The industry has low competitiveness with 12 companies, but many of them have weak or zero sales.
• The most stable companies have high EBITDA margins (22% for Endresen Invest As) and high sales growth (78% for Endresen Invest As).

Opportunities:

• Strong sales growth (68.1% from 2024 to 2025) indicates growing demand for fast food in Haugesund.
• Low competitiveness with 12 companies, but many of them have weak or zero sales.
• Support from the municipality through available locations and potential collaboration with existing actors such as Endresen Invest As.

Challenges:

• Increasing competitiveness from the fast food sector in the municipality (22 companies in the fast food industry).
• Higher operational risk for new companies due to weak operating results among some existing actors (e.g., El Toro As).

Contrast Between Fast Food and Street Food:

Peer Companies in Fast Food:

The fast food sector has both higher sales and more companies, but with more variable EBITDA (from -1.4M to 740.3K). This indicates that the fast food sector has both greater potential and higher risk compared to street food.

Conclusion

The street food industry in Haugesund has shown strong fluctuations, but has experienced a significant sales increase in 2025. With 12 companies and an industry EBITDA margin of 11%, there are potential opportunities for entrepreneurs wishing to establish themselves in this sector. However, it is important to be aware of the competitiveness from the fast food sector, which has both higher sales and more companies. SmartGrunder can help entrepreneurs find suitable locations and develop strategies that align with both local and national trends in the fast food and street food sectors.