July 10, 2018

July 10, 2018

Growing Concepts of Multi Unit Operators

Dallas, TX-based TOPGOLF (founded 2000) has increased by 11 units, from 31 to 42 (35% growth) and entered into AL, NC and TN. This family/casual mini-golf restaurant concept is open for breakfast, lunch and dinner hours, with a $10-$30+ per person check average. Restaurants have full bar and serve American cuisine. Average unit seats about 500. Private party facilities are available. Trading areas are AL, AZ, CA, CO, FL, GA, IL, IN, KS, NC, NV, OK, OR, TN, TX, UT and VA.

North Aurora, IL-based OBERWEIS DAIRY (founded 1927) has increased by 2 units, from 22 to 24 (9% growth). This quick serve ice cream shop is open for breakfast, lunch and dinner hours, with a $4-$12+ per person price range. Seating is for about 20. Drive-thru and online ordering options are available. Trading areas are IL, IN, MI and MO.

Santa Ana, CA-based BRUXIE GOURMET WAFFLE SANDWICHES (founded 2010) has increased by 1 unit, 7 to 8 (14% growth). The restaurants are fast casual, open for breakfast, lunch and dinner. Per person price range is $4-$12+ and seating is for about 70. Online ordering is available. Locations are in CA and NV.

Olympia, WA-based FISH BREWING COMPANY (founded 1993) has increased by 1 unit, from 2 to 3 (50% growth). This family/casual bar/restaurant is open for lunch and dinner, with an $8-$20+ per person check average. Seating is for about 350. Catering is available. All the restaurants trade in WA.

Emerging and Re-emerging Concepts

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

Dallas, TX-based BREAD WINNERS CAFE AND BAKERY has increased by 2 units, from 4 to 6 (50% growth). The restaurants are family/casual, open for breakfast and lunch, with a $10-$30+ per person check average. The restaurants have full bar service and seating for about 125. Catering and private party services are available. All the restaurants are in TX.

New Mexico-based RANGE CAFE (founded 1992) has increased by 2 units for the Range Cafe concept, from 4 to 6 (50% concept growth). The company also operates Freight House Kitchen & Tap (1) and Standard Diner (1). Overall company increase was from 6 to 8 (33% company growth). The restaurants are family/casual, open for breakfast, lunch and dinner, with a $10-$30+ per person check average. American cuisine is served. The restaurants have full bar and seat about 150. Catering is available. All the restaurants are located in NM.

Repeat Growers

Concepts previously written about in the past 18 months.

Las Vegas, NV-based CAPRIOTTI’S SANDWICH SHOP (founded 1976) has increased by 3 units, from 105 to 108 (3% growth) and entered into IN and TN. This fast casual sandwich shop is open for lunch and dinner, with a $4-$12+ per person price range. Seating is for about 30. Catering and online ordering options are available. Units are franchised and trade in AZ, CA, DE, FL, GA, IA, IN, MA, MD, MI, NE, NV, PA, TN, UT, VA, WA and Wi. We last featured this concept on 1/24/17 (19% growth).

Wilmington, DE-based IRON HILL BREWERY & RESTAURANT (founded 1996) has increased by 1 unit, from 12 to 13 (8% growth) and entered into SC. This family/casual bar/restaurant is open for lunch and dinner, with a $10-$30+ per person check average. American cuisine is served. Average seating is for 225. Catering and banquet rooms are available. The restaurants trade in DE, NJ, PA and SC. We wrote about this concept on 1/3/17 (9% growth).

New Hampshire-based LA CARRETA MEXICAN RESTAURANT has increased by 1 unit, from 5 to 6 (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 150. All the restaurants are located in NH. We last featured this concept on 6/6/17 (25% growth).

Roseville, CA-based THE BEACH HUT DELI (founded 1981) has increased by 1 unit, from 41 to 42 (2% growth). This fast casual sandwich 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 60. Catering, delivery and online ordering options are available. Locations trade in CA, NV and OR. We featured this concept on 2/7/17 (11% growth).

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