October 25, 2016

October 25, 2016

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Growing Concepts of Multi Unit Operators

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

New York, NY-based AURIFY BRANDS (founded 2003) has increased by 1 unit for the Melt Shop concept, from 7 to 8 (14% concept growth), 4 units for The Little Beet concept, from 2 to 6 (200% concept growth), 1 unit for The Little Beet Table concept, from 1 to 2 (100% concept growth) and by 1 unit for the Fields Good Chicken concept, from 1 to 2 (100% concept growth). The company is also the franchisee for 13 Five Guys units. Overall company increase was from 24 to 31 (29% growth). These quick serve restaurants are open for breakfast, lunch and dinner, serving multiple cuisine types. Per person price range is $4-$12+, with average seating for about 40. Catering is available. Trading areas are NJ and NY.

New Orleans, LA-based RALPH BRENNAN RESTAURANT GROUP (founded 1991) has added a new concept called Napolean House, for an overall company increase from 7 to 8 (14% growth).  Other company concepts include: Café Noma (1) , Heritage Grill (1) , Brennan’s (1) , Ralph Brennan’s Café B (1), Ralph Brennan’s Jazz Kitchen (1) , Ralph’s On The Park (1)  and Red Fish Grill (1) .The concepts are upscale, serving multiple types of cuisines. Meal periods are lunch and dinner, with a $15-$50+ per person check average. The restaurants have full bar service and seating is for about 250. Catering is available. Trading areas are CA and LA.

Aliso Viejo, CA-based CHRONIC TACOS (founded 2002) has increased by 8 units, from 25 to 33 (32% growth) and entered into AL, NC and UT.  This fast casual Mexican concept is open for breakfast, lunch and dinner, with a $4-$12+ per person price range.  Units serve beer and wine and seating is for about 30.  Catering and drive-thru service is available.  All the restaurants are franchised and trade in AL, AZ, BC, CA, CO, NC, NV and UT.

Houston, TX-based BRICK HOUSE TAVERN & TAP (founded 2008) has increased by 2 units, from 23 to 25 (9% growth) and entered into MA.  The restaurants are family/casual, open for lunch and dinner, with a $10-$30+ per person check avearge.  Seating is for about 200, with private party facilities available.  Trading areas are CO, FL, IL, KY, MA, MO, NJ, NY, OH, PA and TX.  Brick House is a subsidiary of Ignite Restaurant Group.

 

 

Emerging and Re-emerging Concepts

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

Coral Gables, FL-based SUKI HANA has increased by 8 units, from 17 to 25 (47% growth) and entered into CO, GA, IL, MS, NJ, NV, PA, TN and VA. This fast casual Japanese concept is open for lunch and dinner, with a $4-$12+ per person price range. Beer is served. Trading areas are CA, CO, FL, GA, IL, MD, MI, MS, NJ, NV, OR, PA, TN, TX, WA and VA.

New York, NY-based MAGNOLIA BAKERY (founded 1996) has increased by 10 units, from 16 to 26 (63% growth) and entered into HI, Japan, Korea, Kuwait, Lebanon, Mexico, Qatar, Saudi Arabia and the United Arab Emirates. These quick serve bakery/cafes are open for breakfast, lunch and dinner with, a $4-$12+ per person check average. Seating is for about 20 and catering is available. Locations are franchised and trade in CA, HI, IL, NY, Asia, Mexico, and the Middle East.

Draper, UT-based ICEBERG DRIVE-INN (founded 1960) has increased by 9 units, from 7 to 16 (129% growth) and entered into CA. These quick serve burger restaurants are open for lunch and dinner, with a $4-$12+ per person check average. Seating is for about 70. Units are franchised and trade in AZ, CA and UT.

Scottsdale, AZ-based OREGANO’S PIZZA BISTRO (founded 1993) has increased by 3 units, from 15 to 18 (20% growth). These family style Italian & Pizza restaurants are open for lunch and dinner, with an $8-$20+ per person check average. Beer and wine service is available and seating is for about 150. Catering is also available. The restaurants are located in AZ.

 

 

Repeat Growers

Concepts previously written about in the past 18 months.
 

Pikesville, MD-based PIZZA BOLI’S (founded 1985) has increased by 6 units, from 69 to 75 (9% growth). These quick serve pizza restaurants are open for lunch and dinner, with a $4-$12+ per person prince range. Seating is for about 10 and catering is available. Locations are franchised and trade in DC, MD, NJ, PA and VA. We last featured this concept on 3/17/15 (3% growth).

Milton, MA-based NOT YOUR AVERAGE JOE’S (founded 1994) has increased by 4 units, from 22 to 26 (18% growth). These family style American restaurants are open for lunch and dinner, with a $10-$30+ per person check average. The restaurants have full bar and seating for about 175. Trading areas are MA, MD, NH, PA, RI and VA.  We last wrote about this company on 5/5/15 (10% growth).

Portland, OR-based ORIGINAL PANCAKE HOUSE (founded 1953) has increased by 3 units, from 126 to 129 (2% growth). This family style concept specializes in breakfast foods and is open for breakfast and lunch. Per person check average is $4-$12+. Seating is for about 150. Trading areas are AL, AZ, CA, CO, FL, GA, HI, ID, IL, IN, MD, MI, MN, MO, NC, NJ, NV, NY, OH, OR, PA, SC, SD, TX, UT, VA, WA and WI. We last featured this concept on 3/31/15 (7% growth).

 

 

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