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Growing Concepts of Multi Unit Operators

 

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

 

Richmond, VA-based CAPITAL ALEHOUSE (founded 2002) has increased 1 unit from 5 to 6 (20% growth). These family/casual American dining restaurants are open for lunch and dinner with a $10-$30+ per person check average.  The restaurants have full bar and average seating for about 300. Catering is available. Locations trade in VA.

Tampa, FL-based WESTSHORE PIZZA (founded 1994) has increased 6 units from 28 to 34 (21% growth). These family/casual pizza restaurants are open for lunch and dinner, with a $6-$15+ per person check average. The restaurants offer beer and wine and have seating for about 40. Catering is available.  Trading areas are in FL and OH. Locations are franchised.

Lake Worth, FL-based DUFFY\’S SPORTS GRILL (founded 1985) has increased by 7 units, from 24 to 31 (29% growth).  The restaurants are family/casual sports bars, open for lunch and dinner.  Per person check average is $8-$20+, with full bar and average seating for about 250.  Catering and private party services are available.  All locations are in FL.

Woodbury, MN-based BROADWAY PIZZA RESTAURANT (founded 1953) has increased by 1 unit, from 15 to 16 (7% growth).  The restaurants are family/casual, open for lunch and dinner, with a $6-$15+ per person price range.  Locations have full bar and seating for around 200.  Catering, delivery, private party and online ordering services are available.  Locations are franchised and trade in MN and WI.

 

 

Emerging and Re-emerging Concepts

 

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

 

Memphis, TN-based RIVER CITY MANAGEMENT GROUP (founded 1985) has increased by 1 unit for the Mesquite Chophouse, from 2 to 3 (50% concept growth) and added new concepts- Spindini (1), Rum Boogie Café\’s Blues Hall (1), Kings Palace Café\’s Absinthe Room (1). Other company concepts include King\’s Palace Café Taproom (1), King\’s Palace Café (1), Pig On Beale (1) and Rum Boogie Café (1). Overall company increase was from 6 to 10 (67% growth). These family style multi-cuisine restaurants are open for lunch and dinner with a $10-$30+ per person check average. Restaurants have full bar with seating for about 250. Catering is available. Trading areas are in MS and TN.

Newport Beach, CA-based PAUL MARTIN\’S AMERICAN GRILL (founded 2007) has increased by 2 units, from 8 to 10 (25% growth) and entered into TX.  This family/casual concept is open for lunch and dinner, with a $10-$30+ per person check average.  The restaurants have full bar service and seating for about 300.  Catering and banquet rooms are available.  Trading areas are AZ, CA and TX.

 

 

 

Repeat Growers

 

Concepts previously written about in the past 18 months.
 

Bellevue, WA-based MOD SUPER FAST PIZZA (founded 2008) has increased by 77 units, from 48 to 125 (160% growth) and entered into ID, IL, MD, MI, MO, NC, NJ, SC and VA.  This fast casual pizzeria concept is open for lunch and dinner, with a $6-$15+ per person check average.  Beer and wine are served and seating is for about 60.  Online ordering service is available.  Trading areas are AZ, CA, CO, ID, IL, MD, MI, MO, NC, NJ, OR, PA, SC, TX, VA and WA.  Franchising is available.  We last wrote about this concept on 2/10/15 (140% growth).

Fort Lauderdale, FL-based MIAMI GRILL (founded 1983) has increased by 4 units, from 34 to 38 (12% growth) and entered into IN and Malaysia.  This fast casual sandwich and grill concept is open for lunch and dinner, with a $6-$15+ per person price range.  Beer and wine are served and average unit seats about 50.  Catering, delivery and online ordering are available.  Locations are franchised and trade in FL, HI, IN, SC, Guyana and Malaysia.  We featured this concept on 10/21/14 (6% growth).

 

 

 

 

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