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Growing Concepts of Multi Unit Operators
Concepts that have grown by at least 5% (if less than 50 units).
Scottsdale, AZ-based NEW YORK PIZZA DEPT (founded 1996) has increased by 1 unit, from 10 to 11 (10% growth). These quick serve pizzerias are open for lunch and dinner, with a $4-$12+ per person price range. Units seat about 70 and sell beer and wine. Catering, delivery and online ordering options are available. All the locations are in AZ.
Golden, CO-based MAD GREENS (founded 2004) has increased by 1 unit, from 11 to 12 (9% growth). This fast casual salad concept is open for lunch and dinner, with a $4-$12+ per person check average. Units seat about 60. One location serves beer and wine, others have no alcohol. All the locations are in CO.
Hartford, CT-based MAX RESTAURANT GROUP (founded 1991) has increased by 1 unit, from 9 to 10 (11% growth), with the addition of a new concept called The Cooper. The company has now entered into FL. The other company concepts are Max A Mia (1), Max Amore (1), Max Burger (1), Max Downtown (1), Max Fish & Shark Bar (1), Max\’s Oyster Bar (1), Max\’s Tavern (1) and Trumbull Kitchen (1). Most locations are upscale, open for lunch and dinner. Per person check average is $15-$50+, serving American and steak and seafood options. Catering and banquet services are available. Trading areas are CT, FL and MA.
BARRACO\’S PIZZA of Evergreen Park, IL (founded 1980) has increased by 1 unit, from 5 to 6 (20% growth). These are family casual restaurants with full bar and seating for around 60. Meal periods are lunch and dinner. Per person check average is around $10-$30+. Catering and banquet services are available. All locations are in IL.
ARTHUR\’S PRIME STEAK HOUSE based in Little Rock, AR (founded 1981) has increased by 1 unit, from 2 to 3 (50% growth) adding a new concept called Kemuri. These are upscale steakhouses with full bar and seating for around 200. Per person check average is around $15-$50+ for dinner service. Catering and banquet services are offered. Current concepts are Arthur\’s Prime Steakhouse (1), Kemuri (1) and Ocean\’s At Arthur\’s (1). All locations are in AR.
MARKET CREATIONS THE UNCOMMON CAFE of Chicago, IL (founded 1988) has increased by 1 unit for Market Creations, from 4 to 5 (25% growth). These are buffet restaurants with seating for around 50. Meal periods are breakfast and lunch. Per person check average is around $8-$20+. Catering services are available. The company has a second concept called French Accent (1 unit). Overall company growth is from 5 to 6 (20% company growth). Locations are in IL and OH.
Oak Brook, IL-based PORTILLO\’S (founded 1963) has increased by 1 unit, from 37 to 38 (3% growth). This fast casual hot dog concept is open for lunch and dinner, with a $4-$12+ per person price range. Beer and wine are served and seating is for about 100. Drive-thru, catering and private party services are available. Trading areas are AZ, CA, IL and IN. |
Emerging and Re-emerging Concepts
Concepts with 20 units or less who grew by at least 2 units.
Huntington Beach, CA-based LAZY DOG RESTAURANT & BAR (founded 2003) has increased by 2 units, from 12 to 14 (17% growth). This family/casual concept is open for lunch and dinner, serving American cuisine. Per person check average is $8-20+. Locations have full bar service and seating for about 300. Catering is available. All locations are in CA.
Fayetteville, AR-based SLIM CHICKENS (founded 2003) has increased by 4 units, from 13 to 17 (31% growth) and entered into MO and NE. The restaurants are fast casual, open for lunch and dinner. Per person check average is $4-$12+ and seating is for about 90. Catering is available. Locations are franchised and trade in AR, MO, NE, OK and TX. |
Repeat Growers Concepts previously written about in the past 18 months.
Santa Monica, CA-based THE VEGGIE GRILL (founded 2005) has increased by 3 units, from 23 to 26 (13% growth). This fast casual vegetarian concept is open for lunch and dinner, with a $6-$15+ per person check average. The restaurants serve beer and wine and seat about 80. Trading areas are CA, OR and WA. We last featured this concept on 5/14/13 (111% growth) and on 2/18/14 (21% growth).
Toledo, OH-based MARCO\’S PIZZA (founded 1978) has increased by 143 units, from 431 to 574 (33% growth) and entered into NJ, UT and the Bahamas. The restaurants are quick serve, open for lunch and dinner, with limited seating. Per person price range is $4-$12+ and offers catering, delivery and online ordering. All locations are franchised and trade in AL, AR, AZ, CA, CO, FL, GA, IA, IL, IN, KS, KY, LA, MI, MN, MO, MS, NC, ND, NE, NJ, NV, NY, OH, OK, PA, SC, SD, TN, TX, UT, VA, WI, WV and the Bahamas. We last wrote about this concept on 11/13/13 (34% growth).
Rockville, MD-based CALIFORNIA TORTILLA (founded 1995) has increased by 3 units, from 38 to 41 (8% growth) and entered into MA, NJ and WV. The restaurants are fast casual, open for lunch and dinner (some locations are open for breakfast). Per person check average is $4-$12+, serving beer and wine, with seating for about 60. Catering is available. Locations are franchised and trade in DC, DE, MA, MD, NJ, PA, VA and WV. We wrote about this company on 2/4/14 (12% growth). |