November 29, 2016

November 29, 2016

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Growing Concepts of Multi Unit Operators

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

Chicago, IL-based EPIC BURGER has increased by 1 unit, from 7 to 8 (14% growth). These fast casual burger restaurants are open for lunch and dinner, with a $4-$12+ per person price range. Seating is for about 70. All the locations are in IL.

San Francisco, CA-based EXTREME PIZZA (founded 1994) has increased by 6 units, from 33 to 39 (18% growth) and entered into FL and SC. These fast casual 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 40. Catering is also available. Locations are franchised and trade in CA,CO, DE, FL, ID, MI, NJ, OR, SC and VA.

New York, NY-based HAVANA CENTRAL (founded 2002) has increased by 1 unit, from 3 to 4 (33% growth) and entered into NJ. These family/casual Cuban restaurants are open for lunch and dinner, with a $10-$30+ per person check average. The restaurants have full bar and seat about 60. Catering and banquet services are available. Trading areas are NJ and NY.

Greenbay, WI-based JO TO GO COFFEE (founded 1998) has increased by 1 unit, from 2 to 3 (50% 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 20. Franchising is available. Locations trade in WI.

Atlanta, GA-based FADO IRISH PUB (founded 1996) increased by 1 unit for the Fado Irish Pub concept, from 12 to 13 (8% concept growth). The company also operates a 3-unit concept called Tigrin Irish Pub. Overall company increase was from 15 to 16 (7% company growth). These family/casual Irish pubs are open for lunch and dinner, with a $10-$30+ per person check average. Seating is for about 250. Private party facilities are available. Trading areas are CO, CT, DC, FL, GA, IL, MD, MO, NY, OH, PA, TX and WA.

La Porte, TX-based GRINGO’S MEXICAN KITCHEN (founded 1993) has increased by 1 unit for the Gringo’s Mexican Kitchen concept, from 9 to 10 (11% concept growth), by 1 unit for the Jimmy Changas concept, from 3 to 4 (33% concept growth) and by 2 units for the Bullritos concept, from 19 to 21 (11% concept growth) for an overall company increase from 31 to 35 (13% company growth). These family style Mexican restaurants are open for lunch and dinner, with an $8-$20+ per person check average. Full bar service is offered and seating is for about 250. Catering, delivery and banquet services are available. Trading areas are GA and TX.

 

 

Emerging and Re-emerging Concepts

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

Amesbury, MA-based FLATBREAD COMPANY (founded 1998) has increased 3 units, from 11 to 14 (27% growth) and entered into BC. These family style pizza restaurants 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 150. Catering is also available. Trading areas are BC, CT, HI, MA, ME, NH and RI.

Traverse City, MI-based GRAND TRAVERSE PIE CO (founded 1996) has increased by 2 units, from 14 to 16 (14% growth). These fast casual bakery/cafes are open for breakfast, lunch and dinner with a $4-$12+ per person check average. Seating is for about 30 and catering is available. Stores are franchised and trade in IN and MI.

Los Angeles, CA-based HOT WINGS CAFE (founded 1986) has increased by 2 units, from 3 to 5 (67% growth). These family style chicken restaurants are open for lunch and dinner, with a $4-$12+ per person check average. Beer and wine service is offered and seating is for about 100. Catering and delivery services are available. All the restaurants are in CA.

Denver, CO-based ILLEGAL PETE’S has increased by 2 units, from 7 to 9 (29% growth). The restaurants are family/casual, serving Mexican cuisine. Meal periods are breakfast, lunch and dinner, with a $6-$15+ per person check average. Locations have full bar service and seating for about 80. Catering and delivery are also available. Locations are in CO.

Opelika, AL-based JIM BOB’S CHICKEN FINGERS (founded 1991) has increased by 2 units, from 4 to 6 (50% growth). This quick serve concept is open for lunch and dinner, with a $4-$12+ per person check average. Seating is for about 50 and catering and delivery are available. The restaurants are located in AL and GA.

Tinley Park, IL-based JOY YEE’S NOODLE SHOP (founded 1993) has increased by 3 units, from 4 to 7 (75% growth). These fast casual Asian restaurants are open for lunch and dinner, with a $6-$15+ per person check average. Seating is for about 50. Delivery service is available. Locations are IL.

Saginaw, MI-based LOS CUATRO AMIGOS (founded 2001) has increased by 9 units, from 5 to 14 (180% growth). These family style Mexican restaurants are open for lunch and dinner, with a $10-$30+ per person check average. The restaurants have full bar service and seating for about 100. Catering is available. Locations are in MI.

West Seneca, NY-based LOUIE’S TEXAS RED HOTS (founded 1967) has increased by 2 units, from 5 to 7 (40% growth). These quick serve sandwich restaurants are open for breakfast, lunch and dinner, with a $4-12+ per person price range. Seating is for about 50 and catering service is available. Locations are in NY.

Glenview, IL-based LOVES YOGURT (founded 1987) has increased by 3 units, from 3 to 6 (100% growth). These quick serve frozen yogurt shops are open for lunch and dinner hours, with a $4-$12+ per person price range. Stores are located in IL.

 

 

Repeat Growers

Concepts previously written about in the past 18 months. 

Columbia, SC-based GROUCHO’S DELI (founded 1941) has increased by 4 units, from 27 to 31 (15% growth). These family/casual sandwich shops are open for lunch and dinner, with a $4-$12+ per person price range. Locations serve beer and wine and seat about 125. Catering is also available. Locations are franchised and trade in GA, NC and SC. We last featured this concept on 7/23/15 (8% growth).

Chicago, IL-based GIORDANO’S RESTAURANT & PIZZA (founded 1974) has increased by 10 units, from 50 to 60 (20% growth) and entered into MI and MN. These family/casual restaurants serve pizza & Italian cuisine. Meal periods are lunch and dinner, with an $8-$20+ per person check average. Full bar service is available and seating is for about 150. Catering, delivery and private party services are available. Trading areas are located in FL, IL, IN, MI and MN. We featured this concept on 7/21/15 (16% growth).

 

 

 

 

 

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