April 11, 2017

April 11, 2017

RD logog featured newsite

Post on Sit-down Service unit openings vs all new openings for the past 5 years. Click here

 

Post on Counter Service unit openings vs all new openings for the past 5 years. Click here

 

 

 

Growing Concepts of Multi Unit Operators

Concepts that have grown by at least 5% (if less than 50 units).

Olyphant, PA-based WALL STREET DELI (founded 2002) has increased by 1 unit, from 7 to 8 (14% growth). These fast casual sandwich restaurants are open for breakfast, lunch and dinner, with a $4-$12+ per person price range. Seating is for about 30. Catering, delivery and online ordering are available. Locations are franchised and trade in AL, DC, KY, OH and PA.

Colville, WA-based WESTSIDE PIZZA (founded 1996) has increased by 2 units, from 27 to 29 (7% growth). These fast casual pizza restaurants are open for lunch and dinner, with a $4-$12+ per person price range. Seating is for about 20. Catering, delivery, drive-thru and online ordering options are available. Stores are franchised and trade in CA, ID and WA.

Orlando, FL-based RESTAURANT PARTNERS (founded 1992) has increased by 1 unit for the Grille 29 concept, from 1 to 2 (100% concept growth). The company also operates a concept called Sloppy Joe’s Daytona Beach (1). Overall company increase was from 2 to 3 (50% growth).The restaurants are family/casual, serving American cuisine. Meal periods are lunch and dinner, with an $8-$20+ per person check average. The restaurants have full bar service and seating for about 250. Banquet rooms are available. All the locations are in FL.

Addison, TX-based TACO CABANA (founded 1978) has increased by 5 units, from 168 to 173 (3% growth). This fast casual Mexican concept is open for breakfast, lunch and dinner, with a $4-$12+ per person price range. Beer and wine are served and seating is for about 150. Catering and drive-thru services are available. Trading areas are OK and TX. Franchise opportunities are available.

Seattle, WA-based 509 MANAGEMENT CO (founded 1996) has added a new concept called Green Lake Alehouse (1 unit). The company also operates El 42 Cantina (1), Jak’s Grill (3) and Sunset Alehouse (1). Overall company increase was from 5 to 6 (20% growth). The restaurants are upscale, serving American cuisine and open for dinner. Per person check average is $15-$50+, with full bar service and average seating for about 80. Catering is available. All the restaurants are located in WA.

San Leandro, CA-based LOARD’S ICE CREAM AND CANDY (founded 1950) has increased by 1 unit, from 38 to 39 (3% growth). This quick serve ice cream shop is open for lunch and dinner hours, with a $4-$12+ per person price range. Locations have limited seating. All the stores are located in CA.

 

 

 

 

Emerging and Re-emerging Concepts

Concepts with 20 units or less who grew by at least 2 units.

Fayetteville, GA-based THIS IS IT BBQ & SEAFOOD (founded 1983) has increased by 2 units, from 9 to 11 (22% growth). These family style BBQ concept is open for lunch and dinner, with a $6-$15+ per person check average. Seating is for about 80. Catering, online ordering and private party services are available. All the locations are in GA.

Boston, MA-based THE UPPER CRUST (founded 2001) has increased by 3 units, from 7 to 10 (43% growth). These fast casual pizzerias are open for lunch and dinner, with a $4-$12+ per person check average. Beer and wine is served and seating is for about 50. Catering and delivery options are available. Trading areas are MA and VA.

Wichita, KS-based DOG N SHAKE (founded 1954) has increased by 2 units, from 4 to 6 (50% growth). These quick serve sandwich restaurants are open for lunch and dinner, with a $4-$12+ per person check average. Seating is for about 50. All locations are in KS.

Phoenix, AZ-based FIRED PIE has increased by 7 units, from 11 to 18 (64% growth). This fast casual pizza concept is open for lunch and dinner, with a $6-$15+ per person price range. Beer and wine are served and seating is for about 70. Catering is available. All the locations are in AZ.

New York, NY-based LUKE’S LOBSTER (founded 2009) has increased by 10 units, from 18 to 28 (56% growth) and entered into FL and ME. These family casual seafood restaurants are open for lunch and dinner, with a $10-$30+ per person check average. Beer and wine are served and seating is for about 20. Catering is available. Delivery is also available at select locations. Trading areas are DC, FL, IL, MA, MD, ME, NJ, NV, NY , PA and Japan.

Oklahoma City, OK-based TED’S CAFE ESCONDIDO (founded 1991) has increased by 2 units, from 10 to 12 (20% growth). This family/casual Mexican concept is open for lunch and dinner, with an $8-$20+ per person check average. Locations have full bar and average seating for about 225. Catering and banquet services are available. Trading areas are KS, MO and OK.

 

 

Repeat Growers

Concepts previously written about in the past 18 months. 

Frisco, CO-based THE LOST CAJUN RESTAURANT has increased by 1 unit, from 10 to 11 (10% growth). These family casual Cajun/Creole restaurants are open for lunch and dinner, with an $8-$20+ per person check average. Beer and wine service is available and seating is for about 50. Catering is also available. Trading areas are CO, MN, SC, TN and TX. We wrote about this concept on 12/8/15 (150% growth).

Lehi, UT-based COSTA VIDA FRESH MEXICAN GRILL (founded 2003) has increased by 4 units, from 76 to 80 (5% growth). These fast casual Mexican restaurants are open for lunch and dinner, with a $4-$12+ per person check average. Seating is for about 50 and catering and online ordering are available. Locations are franchised and trade in AB, AZ, CA, CO, GA, ID, IL, MO, NM, NV, TX, UT, WA and WY. We last featured this concept on 12/15/15 (7% growth).

Pleasanton, CA-based FAZ RESTAURANTS (founded 1986) has added a new concept called Bakery & Coffee Bar (1) for an overall company increase from 6 to 7 (17% growth). Other company concepts are Faz Restaurants (5) and Macarthur Park (1). These family style Mediterranean restaurants are open for breakfast, lunch and dinner, with a $10-$30+ per person check average. Full bar service is available and seating is for about 300. Catering and banquet services are available. All the restaurants are located in CA. We featured this company on 12/1/5 (20% growth).

Dallas, TX-based CHILI’S GRILL & BAR (founded 1975) has increased by 11 units, from 1595 to 1606 (1% growth). This family/casual concept serves mostly American cuisine, open for lunch and dinner, with an $8-$20+ per person check average. The restaurants have full bar and seating for about 200. Catering and online ordering options are available. About half of locations are franchised. Trading areas are AB, AK, AL, AR, AZ, CA, CO, CT, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, SK, TN, TX, UT, VA, VT, WA, WI, WV and WY. Chili’s is a subsidiary of Brinker International. We last featured this concept on 3/22/16 (1% growth).

Plano, TX-based ZOE’S KITCHEN (founded 1995) has increased by 39 units, from 175 to 214 (22% growth) and entered into CO, DE and KS. This fast casual Mediterranean concept is open for lunch and dinner, with a $6-$15+ per person check average. Locations serve beer and wine and seat about 60. Catering is available. Trading areas are AL, AR, AZ, CO, DE, FL, GA, KS, KY, LA, MD, MO, NC, NJ, OK, PA, SC, TN, TX and VA. Between 30% and 40% of units are franchised. We wrote about this concept on 1/19/16 (22% growth).

 

 

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