Over the last quarter, Sushi Hub has led the way with store openings, adding 10 outlets to its footprint. The Cabramatta, Sydney-born business now has 141 stores across the country.
Rival pizza chains Pizza Hut and Domino’s followed, with seven and five new stores respectively.
Q1 2023 store openings and closures
The figures are revealed in GapMaps’ latest report for the three months to 1 April 2023.
The just-released Fast Food & Quick Service Restaurant (QSR) Retail Network Report reveals in total 53 new outlets opened, and 44 closed. That’s a net change of nine additional stores.
The cloud-based data intelligence platform tracked 29 brands in 6,809 locations across Australia.
Both Sushi Sushi and Red Rooster had the most store closures with five each.
At a state level, Victoria recorded 20 store openings while New South Wales suffered 17 closures.
Store openings over 12 months
In the last 12 months fast food franchise chains have added 317 outlets and closed 165 overall.
The yearly figures show Domino’s and KFC adding the most stores – 34 for the pizza brand and 20 for the chicken chain.
In terms of footprint, Subway has the largest presence in Australia with 1216 stores, followed by McDonald’s with 1029.
Domino’s holds the third spot at 763 outlets with KFC on its heels with 748 stores.
Scott Johnson, senior analyst at GapMaps, said “This latest store data continues to illustrate how brands are adjusting their network portfolio to cater for demographic changes as they look for optimum locations across the country,” he adds.
This latest report is available to download here.
A wider-reaching report covering several key industries revealed last month that cafes and beverage store footprints had a net gain of 61 stores over the last year. This report also found that that the fitness sector had seen the greatest growth, with 151 outlets opened and 60 closed, a net gain of 91.
