December 14, 2016

December 14, 2016

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Growing Concepts of Multi Unit Operators

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

Lexington, KY-based MAD MUSHROOM PIZZA (founded 1991) has increased by 1 unit, from 4 to 5 (25% growth). These quick serve pizza restaurants are open for lunch dinner, with a $4-$12+ per person price range. Delivery and online ordering options are available. Trading areas are IN and KY.

Atlanta, GA-based MELLOW MUSHROOM (founded 1974) has increased by 10 units, from 185 to 195 (5% growth). These fast casual pizzerias are open for lunch and dinner, with a $6-$15+ per person check average. Some locations serve beer and wine, others offer full bar service. Seating is for about 60. Catering is also available. Locations are franchised and trade in AL, AR, AZ, CO, DC, FL, GA, IA, IN, KY, LA, MS, NC, NE, OH, SC, TN, TX, UT, and VA.

Hayward, CA-based MOUNTAIN MIKE’S PIZZA (founded 1978) has increased by 13 units, from 167 to 180 (8% growth). This fast casual concept is 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 is also available. Locations are franchised and trade in CA, NV, OR and UT.

Denton, TX-based PALIO’S PIZZA CAFE has increased by 6 units, from 30 to 36 (20% growth). These quick serve Italian & pizza restaurants are open for lunch and dinner, with a $4-$12+ per person check average. Beer service is sold and seating is for about 50. All the restaurants are in TX.

Campbell, CA-based PIZZA MY HEART (founded 1981) has increased by 1 unit, from 23 to 24 (4% growth). The restaurants are family/casual, open for lunch and dinner. Per person check average is $4-$12+, serving beer and wine. Seating is for about 50. The restaurants are located in CA.

Mcclellan, CA-based MIKUNI JAPANESE RESTAURANT (founded 2003) has increased by 1 unit for the Mikuni concept, from 6 to 7 (17% concept growth). Other company concepts include: Mikuni Kaizen (1) and Taro’s By Mikuni (1). Overall company increase was from 8 to 9 (13% company growth). These upscale Japanese restaurants are open for lunch and dinner, with a $15-$50+ per person check average. Full bar service is available and seating is for about 200. Catering and banquet services are available. All the restaurants are located in CA.

Coralville, IA-based PANCHERO’S MEXICAN GRILL (founded 1992) has increased by 4 units, from 68 to 72 (6% growth) and entered into CA and KY. These fast casual Mexican restaurants are open for lunch and dinner, with a $6-$15+ per person price range. Beer and wine are served and seating is for about 80. Online ordering is available. Locations are franchised and trade in AZ, CA, CT, FL, IA, IL, IN, KY, MD, MI, MN, MO, ND, NJ, PA, SD and WI.

 

 

Emerging and Re-emerging Concepts

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

Homewood, AL-based MILO’S HAMBURGERS (founded 1946) has increased by 4 units, from 14 to 18 (29% growth). These quick serve burger restaurants are open for lunch and dinner, with a $4-$12+ per person price range. Seating is for about 70. Locations are franchised and all are located in AL.

New York, NY-based ULYSSES A FOLK HOUSE has added a new concept called Le District (3 units). Other company concepts are Adrienne’s Pizza Bar (1), Bathtub Gin (1), Baynard’s Ale House (2), Harry’s Cafe & Steak (1), Harry’s Italian (3), Nick’s Pizza Bar (1), Piera Harbor House (1), Swift Hibernian Lounge (1), The Dead Rabbit (1), The Growler (1) and Wine & Whiskey (1). Overall company increase was from 15 to 18 (20% company growth). The restaurants are family/casual, open for breakfast, lunch and dinner, with a $10-$30+ per person check average. The concepts offer full bar service and average seating for about 125. Cuisines are Italian, American and bar foods. All the restaurants are located in NY.

Pasadena, CA-based DOG HAUS (founded 2010) has increased by 8 units, from 13 to 21 (62% growth) and entered into AZ and UT. This fast casual hot dog concept is open for lunch and dinner, with a $6-$15+ per person price range. Locations serve beer and wine and average seating is for about 80. Online ordering is available. Stores are franchised and trade in AZ, CA, CO, NV and UT.

 

 

Repeat Growers

Concepts previously written about in the past 18 months.  Whitehall,

OH-based MASSEY’S PIZZA (founded 1949) has increased by 1 unit, from 12 to 13 (8% growth). These fast casual pizzerias are open for lunch and dinner, with a $6-$15+ per person check average. Beer and wine service is offered and seating is for about 70. Catering is also available. Trading areas are OH and SC. About 50% of the stores are franchised. We last featured this concept on 6/9/15 (9% growth).

Bettendorf, IA-based HAPPY JOE’S PIZZA & ICE CREAM PARLOR (founded 1972) has increased by 1 unit, from 53 to 54 (2% growth). The restaurants are family/casual, with a $4-$12+ per person price range. The family/casual units have seating for about 100 and serve beer and wine. Some locations are take-out/delivery only. Catering, online ordering, drive-thru and private party services are available. The restaurants are franchised and trade in AZ, IA, IL, MN, MO, ND and WI. We featured this company on 7/21/15 (2% growth).

 

 

 

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