May 2, 2017

May 2, 2017

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See us at the NRA at booth# 7061.

 

See us at the 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).

San Jose, CA-based PHO HOA NOODLE SOUP (founded 1983) has increased by 12 units, from 60 to 72 (20% growth). These quick serve Vietnamese restaurants are open for breakfast, lunch and dinner, with a $4-12+ per person price range. Seating is for about 50. Online ordering and delivery are available. Trading areas are AB, BC, CA, FL, MA, MN, NC, UT and WA.

Northville, MI-based SENATE CONEY ISLAND (founded 2005) has increased by 1 unit, from 4 to 5 (20% growth). These family style American restaurants are open for breakfast, lunch and dinner with a $6-$15+ per person check average. One location has full bar service, other locations serve no alcohol. Seating is for about 200. Catering is available. All the locations are in MI.

Norwalk, CT-based SIERRA GRILLE (founded 2005) has increased by 1 unit, from 2 to 3 (50% growth). These fast casual Mexican restaurants are open for lunch and dinner, with a $4-$12+ per person check average. Beer and wine is served and seating is for about 80. Catering is also available. Trading areas are located in CT.

Alameda, CA-based TOMATINA (founded 1998) has increased by 1 unit, from 7 to 8 (14% growth). These family style Italian restaurants are open for lunch and dinner, with an $8-$20+ per person check average. Beer and wine service is offered and seating is for about 70. Catering, banquet and online ordering options are offered. All the locations are in CA.

 

 

 

 

Emerging and Re-emerging Concepts

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

Little Rock, AR-based US PIZZA CO (founded 1972) has increased by 3 units, from 14 to 17 (21% growth). These quick serve pizzerias are open for lunch and dinner, with a $4-$12+ per person price range. Beer and wine are served and seating is for about 80. Online ordering is available. The restaurants are all located in AR.

New York, NY based SAMBA BRANDS MANAGEMENT (founded 1999) has increased by 2 units for the Sugarcane Raw Bar Grill concept, from 1 to 3 (200% concept growth) for an overall company increase from 8 to 10 (25% growth). Other company concepts include: Bocce (1), Duck & Waffle (1) and Sushisamba (5). These upscale sushi restaurants are open for lunch and dinner, with a $15-$50+ per person check average. The restaurants have full bar and seating for about 125. Catering and banquet options are available. Trading areas are located in FL, IL, NV and NY.

Chicago, IL-based BACCI PIZZERIA (founded 1996) has increased by 3 units, from 8 to 11 (38% growth). These quick serve pizzerias are open for lunch and dinner, with a $4-$12+ per person price range. Units seat about 20 and offer catering, private party, delivery and online ordering services. All the locations are in IL.

 

 

Repeat Growers

Concepts previously written about in the past 18 months. 

Rockville, MD-based CALIFORNIA TORTILLA (founded 1995) has increased by 8 units, from 43 to 51 (19% growth). These fast casual Mexican restaurants are open for breakfast, lunch and dinner, with a $6-$15+ per person check average. Beer and wine service are served and seating is for about 60. Catering is available. The restaurants are franchised and trade in DC, DE, FL, MD, NJ, PA, VA and WV. We last featured this concept on 12/15/15 (5% growth).

Salt Lake City, UT-based CAFE RIO (founded 1997) has increased by 3 units, from 88 to 91 (3% growth). These fast casual Mexican restaurants are open for lunch and dinner, with a $4-$12+ per person check average. Seating is for about 100 and catering and online ordering are available. Trading areas are AZ, CA, CO, ID, MD, MY, NV, UT, VA, WA and WY. We last wrote about this concept on 12/8/15 (26% growth).

Cincinnati, OH-based BUFFALO WINGS & RINGS (founded 1984) has increased by 2 units, from 53 to 55 (4% growth). These family style restaurants specialize in chicken and are open for lunch and dinner, with a $6-$15+ per person check average. Full bar service is offered and seating is for about 200. Catering and online ordering are available. Locations are franchised and trade in CA, FL, IL, IN, KY, MI, NC, ND, NE, OH, SD and TX. We last wrote about this concept on 12/15/15 (18% growth).

 

 

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