What is the Pizza Restaurants and Takeaway industry?
The Pizza Restaurants and Takeaway industry exhibits a moderate level of capital intensity. IBISWorld estimates that for every dollar spent on capital costs, $5.07 is spent on wages. The industry is typically labour intensive as employees are required to take customer orders and process transactions, prepare and cook food, and clean kitchen and dining areas. Wage costs have declined over the past five years however, as consumers gravitate towards online ordering and industry processes become increasingly automated.
Capital investment has increased significantly over the past five years, with the arrival of online ordering systems, mobile ordering and automatic telephone systems. These were first used by the larger pizza chains such as Domino's and Pizza Hut... purchase to read more