2 privately owned new upscale thriving restaraunts (not FF) in our downtown, (one is less than one yr. old).
Less than one yr.old:
A new Chili's (chain), new Minnie's (chain).
An Olive Garden (chain) no room at the bar, with people waiting outside to get in,
An Outback (chain) no room at the bar, waiting outside to get in(Fri and Sat up to 45 min. wait,
A Hungry Hunter (chain) 30 minute wait,
A Black Angus (chain), 30 minute wait
Many other locally owned restaraunts doing just fine too. In fact a locally owned Mexican restaraunt has their 3rd restaurant under construction.....
No new FF, that I know of.
Sounds like you're right. Here are few things you should be aware of. Both Denny's and IHOP are losing customer share, I suspect it has some to do with a smoking ban, not all, some. From the sound of your post things are very good. It also sounds like you reside in or near a growing metropolitan area.
You concluded by stating, despite all this growth, no new fast food restaurants. I realize I'm a pathetic tobacco addicted social pariah, but does that make me stupid enough to believe the most incredible statement ever conceived by an enlightened soul? One last question: Have you ever worked in the private sector?