Industry · municipality
Fast Food in Klepp: Industry Analysis and Development Trends
A detailed overview of industry activity, companies, and development in Klepp Municipality
Executive Summary
Fast food in Klepp is a stable, but relatively small industry with two registered companies. The industry activity is concentrated in Kleppe, and the development has been characterized by fluctuations in both sales and number of employees. The two main players, McDonald's and Burger King, have proven to be resilient, although detailed financial data for recent years is lacking. The industry sector is part of the broader quick service sector, which has a somewhat more dynamic development.
Economic Overview
Sales and employees in fast food
| Year | Sales (NOK) | Employees |
|---|---|---|
| 2016 | 32.6M | 74 |
| 2017 | 36.8M | 87 |
| 2018 | 33.6M | 71 |
| 2019 | 36.1M | 77 |
| 2020 | 41.3M | 81 |
| 2021 | 46.4M | 109 |
Sales have grown by 12.4% from 2020 to 2021, but there is no data for the years after 2021. The number of employees has grown by 34.6% from 2020 to 2021, but has since declined slightly. This development shows a short-term strong period after the pandemic, but data is missing to assess the current trend.
Companies in the Industry
Registered companies in the industry
- McDonald's Klepp Avd 67 (Solavegen 27, Kleppe)
- Organizational form: AS
- Founded: 2005-07-01
- Number of employees: 80
- Bankrupt: No
- Burger King 5071 Jærhagen (Solavegen 25, Kleppe)
- Organizational form: ENK
- Founded: 2019-01-01
- Number of employees: 34
- Bankrupt: No
Organizational form statistics
| Organizational form | Number of companies | Number of employees |
|---|---|---|
| AS | 1 | 80 |
| ENK | 1 | 34 |
Business Geography
All registered companies in fast food in Klepp are located in Kleppe. There is no activity registered in other districts or cities in the municipality. There are a total of 2 companies and 114 employees in this area.
Industry Dynamics
Industry dynamics and bankruptcy statistics
None of the two companies in the industry have gone bankrupt, which shows a certain degree of stability. Nevertheless, detailed financial data for recent years is missing, making it difficult to assess the current economic health. The number of employees has shown fluctuations, with a significant increase from 2020 to 2021, but a decline since.
Outlook
Development for founders
Fast food in Klepp has proven to be a stable industry with two dominant companies. The strong increase in sales and employees from 2020 to 2021 shows potential, but data is missing to assess the current trend. Founders should assess the competition from the two existing companies and possible market changes. SmartGrunder can help find suitable locations in Klepp for new initiatives in this industry.
Outlook for the Quick Service Sector
Development in the quick service sector
The broader quick service sector in Klepp has 8 companies, compared to 2 in fast food. Sales in quick service have grown strongly from 2016 to 2021, but have later been marked by significant declines, especially in 2022. This shows that fast food has a more stable development compared to the broader sector. Examples of competitors in quick service include bakeries and street kitchens, but these have lower sales and EBITDA compared to fast food.
Other companies in hurtigmat (not in fast food chain)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Jærbakeren Arne Johannesen As Avd Klepp | bakery | Jærvegen 508, 4350 Kleppe | NOK 33.7M | 16 | NOK 5.4M |
| Kanelsnurren As Avd Jærhagen | bakery | Solavegen 25, 4351 Kleppe | NOK 5.1M | 9 | NOK 466.1K |
| Ngoih Khan Luan | street food | Big Bite Avd 325|Solavegen 25, 4351 Kleppe | NOK 0 | 4 | NOK 0 |
| Pro Øksnevad As | street food | Plogfabrikkvegen 2, 4353 Klepp Stasjon | NOK 0 | 24 | NOK 0 |
| Shortys Fried Chicken As | street food | Roslandsvegen 226, 4343 Orre | NOK 0 | 0 | NOK 0 |
| Shortys Fried Chicken As | street food | Roslandsvegen 226, 4343 Orre | NOK 0 | 0 | NOK 0 |
Conclusion
Fast food in Klepp is a stable, but relatively small industry with two dominant companies. The industry activity is concentrated in Kleppe, and the development has been marked by fluctuations in sales and employees. Founders should assess both the opportunities and competition in this industry, and SmartGrunder can help find suitable locations in the municipality.