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Growing Concepts of Multi Unit Operators

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

St Paul, MN-based CARBONE\’S PIZZA has increased by 1 unit, from 36 to 37 (3% growth). These quick serve pizzerias are open for lunch and dinner, with a $4-$12+ per person price range. Beer is served and average seating is for about 50. Online ordering, delivery and private party services are available. Locations are franchised and trade in MN, MT and WI.

Virginia Beach, VA-based ZERO\’S MR. SUBMARINE (founded 1967) has increased by 3 units for the Zero\’s Mr Submarine concept, from 25 to 28 (12% concept growth). The company also operates a 1-unit concept called 21st St Seafood Co. Overall company increase was from 26 to 29 (12% company growth). The restaurants are fast casual, open for lunch and dinner, with a $6-$15+ per person average. Beer and wine are served and seating is for about 50. Catering is available. The restaurants are franchised and trade in NC, TN and VA.

West Chester, OH-based HOT HEAD BURRITOS (founded 2007) has increased by 11 units for the Hot Head Burritos concept, from 66 to 77 (17% concept growth). The company also operates the 1-unit Sumera Sushi King and is a franchisee of 7 Subway locations. Overall company increase was from 74 to 85 (15% company growth). The restaurants are fast casual, open for lunch and dinner, with a $6-$15+ per person price range. Seating is for about 60. Catering and delivery services are available. Locations are franchised and trade in FL, IN, KY, MI, OH and PA.

Florida-based MULLIGAN’S BEACH HOUSE BAR & GRILL (founded 1998) has increased by 1 unit, from 5 to 6 (20% growth). These family/casual bar and grills serve seafood and American cuisine, open for lunch and dinner. Per person check average is $10-$30+, with seating for about 150. Catering and banquet services are available. All the restaurants are located in FL.

New York, NY-based JULIAN MEDINA RESTAURANTS (founded 2007) has increased by 1 unit for the Tacuba Cantina Mexicana concept, from 1 to 2 (100% concept growth). Other company concepts are Coppelia (1), Toloache Bistro Mexicano (3) and Yerbabuena (1). Overall company increase was from 6 to 7 (17% growth). The restaurants are family/casual, serving Mexican cuisine. Full bar service is available and seating is for about 80. Catering, banquet, online ordering and delivery options are available. All the restaurants are located in NY.

Emerging and Re-emerging Concepts

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

Las Vegas, NV-based HOT N JUICY CRAWFISH (founded 2007) has increased by 2 units, from 10 to 12 (20% growth) and entered into NY. This family/casual seafood concept is open for lunch and dinner, with a $10-$30+ per person check average. Beer is served. Seating is for about 80. Trading areas are AZ, CA, DC, FL, NV, NY and VA.

Bronx, NY-based SARABETH\’S KITCHEN (founded 1981) has increased by 3 units, from 13 to 16 (23% growth). This family/casual bakery/cafe is open for breakfast, lunch and dinner, with a $10-$30+ per person check average. The restaurants have full bar service and seating for about 150. Catering, banquet, online ordering and delivery options are available. All the restaurants are located in NY.

Repeat Growers

Concepts previously written about in the past 18 months. 

Mount Olive, NC-based HIGHWAY 55 BURGERS SHAKES AND FRIES (founded 1991) has increased by 10 units, from 122 to 132 (8% growth) and entered into IN and WV. The restaurants are family/casual, open for lunch and dinner, with a $6-$15+ per person check average. Seating is for about 70. Stores are franchised and trade in AL, AR, FL, GA, IN, NC, OH, SC, TN, TX, VA and WV. We last featured this concept on 3/22/16 (9% growth).

Washington-based JET CITY PIZZA (founded 1994) has increased by 1 unit, from 5 to 6 (20% growth). The restaurants are fast casual, open for lunch and dinner, with a $4-$12+ per person price range. Beer and wine are served and average seating is for about 30. Catering, delivery and online ordering options are offered. All stores are located in WA. We featured this concept on 4/5/16 (17% growth).

Boston, MA-based B.GOOD (founded 2004) has increased by 20 units, from 38 to 58 (53% growth) and entered into ON, VA, VT and Switzerland. This fast casual concept is open for lunch and dinner, serving burgers, salads and sandwiches. Per person check average is $6-$15+, with seating for about 60. Catering and online ordering are available. Locations are franchised and trade in CT, MA, ME, NC, NH, NJ, NY, ON, PA, RI, VA, VT and Switzerland. We last wrote about this company on 3/22/16 (106% growth).