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Restaurant For Sale New Jersey

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Restaurant For Sale New Jersey
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posted:
8/30/2009
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www.restaurant.org/research









New Jersey America’s Restaurants:

By the Numbers

Restaurant Industry at a Glance

New Jersey’s restaurants are an increasingly important part of Almost 1 in 10 working Americans are

the state’s economy. Restaurants are a key driver of employment in New restaurant employees

Jersey, and their sales generate tremendous tax revenues for the state.

The contribution of New Jersey’s restaurants extends far beyond the jobs they

create, the careers they build and the revenues they generate. America’s

restaurants today are leaders in nutrition and healthy living, sustainability

and social responsibility, and entrepreneurship and business opportunities.

For more information visit www.restaurant.org.



Restaurants’ share of the food dollar is

rising

New Jersey Restaurants by the Numbers

LOCATIONS JOBS

In 2007, there were Restaurant and Foodservice Employment

17,150 eating-and-drink- 333,300

ing places in New Jersey. 308,200 25% 48.0%

8.1% Job Growth

by 2019

1955 Present

STATE ECONOMY 25,100 New Jobs



Every $1 spent in New Jersey’s

2009* 2019* Annual industry sales exceed a half-trillion

restaurants generates an

dollars

additional $1.16 in sales

for New Jersey’s economy. Restaurant jobs represent 8 percent of total Restaurant-industry sales, in billions of current dollars

employment in New Jersey. $565.9

Each additional $1 million

spent in New Jersey’s $379.0

SALES

eating-and-drinking places $239.3

generates an additional In 2009, New Jersey’s restaurants will register $119.6

24.4 jobs in New Jersey. $12.5 billion in sales.* $42.8



1970 1980 1990 2000 2009*

* projected

* projected

Source: National Restaurant Association









Did you know?

I More than one out of four American adults got

their first job in a restaurant.

I Nearly half of all Americans have worked in a

restaurant at some point in their working careers.

I America’s eating-and-drinking places employ more

minority managers than any other industry.





Sources: Figures are based on National Restaurant Association

research and data from federal and state government agencies.



See www.restaurant.org/research/state for more information









www.restaurant.org www.njra.org

New Jersey’s Restaurants:

Impact by Congressional District



Cong. Restaurant Restaurant

Dist. U.S. Representative Establishments* Employees*

1 Robert E. Andrews (D) 1,120 14,428

2 Frank A. LoBiondo (R) 1,704 21,961

3 John H. Adler (D) 1,305 16,821

4 Christopher H. Smith (R) 1,259 16,227

5 Scott Garrett (R) 1,347 17,359

6 Frank Pallone, Jr. (D) 1,382 17,813

7 Leonard Lance (R) 1,180 15,207

8 William J. Pascrell, Jr. (D) 1,122 14,457

9 Steven R. Rothman (D) 1,380 17,784

10 Donald M. Payne (D) 1,094 14,103

11 Rodney Frelinghuysen (R) 1,692 21,805

12 Rush Holt (D) 1,248 16,085

13 Albio Sires (D) 1,315 16,949

TOTAL 17,150 221,000









* Estimates are for eating-and-drinking place establishments and employees in 2007.

“Eating-and-drinking places” is a Census designation that represents about three-

fourths of all restaurant and foodservice employment.

Source: National Restaurant Association, based on data from the Bureau of Labor

Statistics and U.S. Census Bureau.









www.restaurant.org www.njra.org


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