Fast Food Chain in Sola: Industry Overview and Outlook

A fast food chain in Sola has shown clear growth in recent years, with an increasing number of employees and stabilized revenue. In 2026, 98 employees are registered in the industry, indicating continuous development since 2018. Two major players, McDonald's and Burger King, dominate the market, and the industry has had no bankrupt companies reported. The broader quick service food sector in the municipality has a larger company base, but the fast food chain shows more stable growth than many other businesses in this category.

The industry has experienced significant growth in revenue and number of employees. From 2018 to 2021, revenue increased from NOK 18.3 million to NOK 33.8 million. The number of employees has grown from 38 in 2018 to 98 in 2026, with an average annual growth rate of 14.5%. This shows strong development in the sector, even though there is no available data on revenue after 2021. An important observation is that revenue grew by 17.4% from 2020 to 2021, indicating a stable improvement in the sector.

In Sola, two companies are registered in the fast food chain industry:

• McDonald's Sola Avd 90 (Solbergvegen 20, Sola): AS organizational form, established 2018-03-09, 59 employees.
• Burger King Tananger (Kontinentalvegen 6C, Tananger): AS organizational form, established 2024-12-05, 49 employees.

Both companies are not bankrupt. The AS organizational form is the only one registered in the industry, with a total of 108 employees. This shows that AS is the dominant organizational form in the sector, which may indicate a certain level of stability and structure in the companies.

The business is distributed across two locations in the municipality:

1. Sola: 1 company, 59 employees.
2. Tananger: 1 company, 49 employees.

This shows that the business is spread across two districts in the municipality, with a relatively evenly distributed workforce. However, there is limited data available for each location, which may indicate a need for more detailed analysis of each location.

The industry has had no bankrupt companies reported, indicating a stable business environment. No bankruptcies are registered in the industry, which may suggest that the companies have been able to manage economic challenges. This is a positive indicator for investors and entrepreneurs considering establishing themselves in the sector. The growth figures for employees and revenue show continuous development, which may indicate that the sector has a good future.

For entrepreneurs and investors in Sola, the fast food chain sector is an attractive opportunity. It shows clear growth in the number of employees and revenue, with stable development since 2018. There are no bankrupt companies reported, indicating a stable business environment. This makes the sector a good opportunity for new players looking to establish themselves in the municipality. SmartGrunder can help entrepreneurs find suitable addresses in Sola for this industry, based on data and trend analyses.

The broader quick service food sector in Sola has a larger company base (12 companies) compared to fast food chain (2 companies). Revenue in quick service food has grown from 0 to NOK 37.3 million from 2016 to 2021, but had a sharp decline in 2022 (to NOK 2.6 million). This shows that the quick service food sector has greater variations in revenue than the fast food chain. Regarding EBITDA, there is a clear difference: Express Food As (food court) has an EBITDA of NOK 916,000, while fast food chain companies have no available EBITDA data. This shows that the quick service food sector has a broader variation in financial performance.

The fast food chain industry in Sola shows clear growth in both the number of employees and revenue, with no bankrupt companies reported. The broader quick service food sector has a larger company base, but shows greater variations in revenue. For entrepreneurs, the fast food chain is an attractive opportunity with stable growth and good financial performance. SmartGrunder can help find suitable addresses in Sola for this industry, based on data and trend analyses.