Restaurant Industry Research

The research analyses the 2019 financial data of 42 restaurants in Georgia across Category I, Category II and Category III. The combined turnover of the analysed companies exceeds GEL 247 million, while total assets amount to GEL 468 million. According to the report, average return on assets (ROA) was 3% and return on equity (ROE) was 29%. The study also reviews trends in the number of restaurants and mobile food service enterprises, output, employment and turnover, including regional indicators. As the research is based on 2019 financial data and subsequent historical statistics, it should be treated as a historical sector benchmark rather than a description of current market conditions.