Concepts previously written about in the past 18 months.
Culver City, CA-based COUNTER BURGER (founded 2003) has increased by 5 units, from 36 to 41 (14% growth). This family/casual restaurant is open for lunch and dinner, with a $6-$15+ per person price range. Locations serve mostly beer and wine (some provide full bar service). Average seating is for about 100. Between 80% and 90% of units are franchised. Trading areas are CA, CT, FL, GA, HI, NY, TX, VA, Ireland, and Saudi Arabia. We last featured this concept on 12/18/12 (9% growth).
West Palm Beach, FL-based HURRICANE GRILL & WINGS (founded 1995) has increased by 5 units, from 51 to 56 (10% growth) and entered into CO and GA. The restaurants are family/casual, open for lunch and dinner. Locations have full bar and seat about 100. Catering is available. All the restaurants are franchised and trade in AL, AZ, CO, FL, GA, IN, MD, MI, MN, NC, NY, and TX. We last wrote about this concept on 4/2/2013 (13% growth).
Northbrook, IL-based LOU MALNATI’S PIZZA (founded 1971) has increased by 1 unit, from 35 to 36 (3% growth). The restaurants are family/casual, open for lunch and dinner, with a $6-$15+ per person price range. Average seating is for about 200, with full bar service. Select locations have limited seating and are take-out/delivery only. Catering, private party, and online ordering options are offered. All locations are in IL. We last wrote about this company on 2/19/13 (3% growth).
TEXAS ROADHOUSE headquartered in Louisville, KY (Nasdaq: TXRH – founded 1993) has increased by 31 units for Texas Roadhouse, from 387 to 418 (8% concept growth) and expanded into OR. These are family/casual steakhouses open for dinner with full bar and seating for around 250. Per person check average is around $10-$30+. There is a second company concept called Aspen Creek (2 units). Overall company increase is from 390 to 420 (8% overall growth), due to a 1 unit decrease for the Aspen Creek concept. Locations are in AL, AR, AZ, CA, CO, CT, DE, FL, GA, 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, TN, TX, UT, VA, VT, WA, WI, WV and WY. Franchising is offered. We last reported on this concept on 10/16/12 (3% growth).
ZAXBY’S of Athens, GA (founded 1990) has increased by 24 units, from 563 to 587 (4% growth). These are fast casual chicken restaurants with seating for around 90. Meal periods are lunch and dinner. Per person check average is around $6-$15+. Catering is offered. Locations are more than 90% franchised and are in AL, AR, FL, GA, IN, KY, LA, MS, NC, SC, TN, TX and VA. We reported on this company’s growth on 5/22/12 (4% growth).