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Growing Concepts of Multi Unit Operators

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

Bakersfield, CA-based KELLY\’S COFFEE & FUDGE FACTORY (founded 1983) has increased by 1 unit, from 11 to 12 (9% growth). These quick serve coffee shops are open for breakfast, lunch and dinner hours, with a $4-$12+ per person price range. Seating is for about 10. Locations are franchised and are in CA.

Montreal, PQ-based LA PREP (founded 2010) has increased by 5 units, from 52 to 57 (10% growth). These fast casual sandwich restaurants are open for breakfast, lunch and dinner, with a $6-$15+ per person check average. Seating is for about 80 and catering is available. Trading areas are AB, BC, FL, ON, PQ and SK.

San Mateo, CA-based STRAITS RESTAURANTS (founded 1987) has added a new concept called Roots & Rye (1 unit), for an overall company increase from 4 to 5 (25% growth). Other company concepts are Sino Xino (1) and Straits Singapore Restaurant (3). The restaurants are upscale, serving Asian cuisine. Meal periods are lunch and dinner, with a $15-$50+ per person check average. The restaurants have full bar service and average seating for about 150. Catering and banquet services are available. Trading areas are CA and TX.

Orlando, FL-based FLIPPERS PIZZERIA (founded 1987) has increased by 1 unit, from 15 to 16 (7% growth). These family/casual pizzerias are open for lunch and dinner, with a $6-$15+ per person price range. Beer and wine are served and seating is for about 30. Catering, delivery, private party and online ordering services are all available. All the locations are in FL.

Cranford, NJ-based ROCKN\’ JOE COFFEEHOUSE & BISTRO (founded 1993) has increased by 1 unit, from 5 to 6 (20% growth) and entered into VA. The retaurants are family/casual, open for breakfast, lunch and dinner, with a $4-$12+ per person check average. Seating is for around 40. Locations are franchised and trade in NJ, PA and VA.

Dallas, TX-based 8.0 MANAGEMENT (founded 2002) has increased by 1 unit for their Flying Fish concept, from 8 to 9 (13% concept growth). Other company concepts include: Bird Cafe (1), Flying Saucer (16), Lark On The Park (1), Meddlesome Moth (1) and Rodeo Goat (2). Overall company increase was from 29 to 30 (3% growth). These family/style restaurants serve American cuisine and are open for lunch and dinner. Per person check average is $6-$15+. Full bar service is available and seating is for about 200. Trading areas are AR, MO, NC, SC, TN and TX.

Myrtle Beach, SC-based DIVINE DINING GROUP DDG (founded 1989) has increased by 1 unit for their Nacho Hippo concept, from 1 to 2 (100% concept growth). Other company concepts include: Bubba\’s Fish Shack (1), Divine Prime/Wine & Tapas Bar (1), Pawley\’s Blue Crab Raw Bar (1), River City Cafe (7) and Ultimate California Pizza (5). Overall company increase was from 16 to 17 (6% growth).These family/style restaurants serve multiple cuisine types and are open for lunch and dinner. Per person check average is $8-$20+, with full bar service and average seating for about 125. The restaurants are all in SC.

 

 

Emerging and Re-emerging Concepts

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

Independence, MO-based LA FUENTE MEXICAN RESTAURANT (founded 2003) has increased by 2 units, from 6 to 8 (33% growth). These family style Mexican restaurants are open for lunch and dinner, with an $8-$20+ per person check average. Full bar service is available and seating is for about 150. Locations are in MO.

Metairie, LA-based NEW ORLEANS HAMBURGER & SEAFOOD CO (founded 1984) has increased by 2 units for the New Orleans Hamburger & Seafood concept, from 10 to 12 (20% concept growth), by 1 unit for the New Orleans Coffee & Beignet concept, from 2 to 3 (50% concept growth) and also added a new concept called Legacy Kitchen (2 units). Overall company increase was from 12 to 17 (42% company growth). New Orleans Hamburger & Seafood & Legacy Kitchen restaurants are family/causal, open for lunch and dinner, with a $10-$30+ per person check average. Full bar service is available and average seating is for about 80. New Orleans coffee is fast casual, open for breakfast, lunch and dinner hours. Catering and drive-thru services are available. All the restaurants are in LA.

South Carolina-based EGGS UP GRILL (founded 1986) has increased by 6 units, from 12 to 18 (50% growth). The restaurants are family/casual, open for breakfast and lunch and specializing in breakfast foods. Seating is for about 90. Trading areas are GA and SC. About half the locations are franchised.

Clear Lake, IA-based CABIN COFFEE COMPANY (founded 2002) has increased by 4 units, from 11 to 15 (36% growth). These fast casual coffee shops are open for breakfast and lunch, with a $4-$12+ per person price range. Seating is for about 30. Trading areas are CO, GA, IA, MN and WI. About 50% of the locations are franchised.

 

 

Repeat Growers

Concepts previously written about in the past 18 months. 

Dallas, TX-based DICKEY\’S BBQ PIT (founded 1941) has increased by 31 units, from 540 to 571 (6% growth). This fast casual BBQ concept is open for lunch and dinner, with a $6-$15+ per person price range. Most locations serve beer and wine, full bar is available at select units. Catering and online ordering options are available. All the restaurants are franchised and trade in AL, AR, AZ, CA, CO, FL, GA, IA, ID, IL, IN, KS, KY, LA, MD, MI, MN, MO, MS, MT, NC, ND, NE, NM, NV, NY, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, WA, WI, WV and WY. We last wrote about this company on 3/22/16 (10% growth).

Sugar Land, TX-based BREWINGZ SPORTS BAR & GRILL (founded 2013) has increased by 1 unit for the Brewingz Sports Bar concept, from 22 to 23 (5% concept growth) and also added a new concept called Wingz On The Fly (3 units). Overall company increase was from 22 to 26 (18% comp growth). This family/casual sports bar concepts are open for lunch and dinner, with an $8-$20+ per person check average. Seating is for about 150. Catering and online ordering are offered. All the restaurants are in TX. We featured this concept on 6/7/16 (5% growth).

 

 

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