Growing Concepts of Multi Unit Operators

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

Portland, OR-based JOE\’S BURGERS (founded 2010) has increased by 1 unit, from 4 to 5 (25% growth).  This fast casual burger chain is open for lunch and dinner, with a $4-$12+ per person check average.  Locations

serve beer and wine and seat about 50.  All locations are in OR.

Houston, TX-based MAMBO SEAFOOD (founded 1996) has increased by 1 unit, from 10 to 11 (10% growth).  The restaurants are family/casual, open for lunch and dinner.  Per person check average is $8-$20+, with full bar service.  Average seating is for about 150.  Catering is available.  All the restaurants are in TX.

Kuna, ID-based IDAHO PIZZA COMPANY (founded 1998) has increased by 1 unit, from 14 to 15 (7% growth).  The restaurants are family/casual, open for lunch and dinner.  Per person price range is $6-$15+, serving beer and wine.  Average seating is for about 250.  Catering and delivery services are available.  All the restaurants are franchised and trade in ID.

Omaha, NE-based LITTLE KING DELI & SUBS (founded 1969) has increased by 1 unit, from 8 to 9 (13% growth) and entered into IA.  The restaurants are fast casual, open for lunch and dinner, with a $4-$12+ per person price range.  Average seating is for about 40.  Catering is available.  Stores are franchised and trade in IA and NE.

Cleveland, OH-based HARRY BUFFALO (founded 1996) has increased by 1 unit for the Harry Buffalo concept, from 8 to 9 (13% concept growth).  The company also operates Barley House Cleveland (1), Frank & Steins (1), The Other Bar (1), Town Hall (1) and Willoughby Brewing Company (1).  Overall company increase was from 13 to 14 (8% company growth).  The restaurants are family/casual, open for lunch and dinner, serving American cuisine.  Per person check average is $6-$15+.  Average seating is around 90.  The restaurants have full bar service and offer catering.  Trading areas are FL and OH.

Emerging and Re-emerging Concepts

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

Raleigh, NC-based CAROLINA ALE HOUSE has increased by 6 units, from 20 to 26 (30% growth) and entered into TN and TX.  This family/casual bar and grill concept is open for lunch and dinner, with an $8-$20+ per person check average.  Seating is for about 300.  Catering services are available.  Trading areas are FL, GA, NC, SC, TN and TX.  Carolina Ale House is a subsidiary of LM Restaurants.

Anderson, SC-based J PETER\’S GRILL & BAR (founded 2010) has increased by 3 units for the J Peter’s concept, from 6 to 9 (50% concept growth) and added a new concept called Catfish Johnny’s (1 unit).  The company also operates Johnny Angell\’s (1) and The Bench Sports Bar (1).  Overall company increase was from 8 to 12 (50% company growth).  The restaurants are family/casual, open for lunch and dinner, with a $10-$30+ per person check average.  The restaurants serve American cuisine.  Average seating is for about 150.  Trading areas are GA and SC.

Repeat Growers

Concepts previously written about in the past 18 months.
 

Tulsa, OK-based BILLY SIMS BBQ (founded 2004) has increased by 1 unit, from 44 to 45 (2% growth) and entered into KS.  This fast casual bbq concept is open for lunch and dinner, with a $6-$15+ per person check average.  Units seat about 60 and offer catering service.  The restaurants are franchised and trade in AR, KS, MI, MO, OK and TX.  We last featured this concept on 9/23/14 (13% growth).

Santa Monica, CA-based THE VEGGIE GRILL (founded 2005) has increased by 2 units, from 26 to 28 (8% growth).  The fast casual vegetarian 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 80.  Trading areas are CA, OR and WA.  We wrote about this company on 2/18/14 (21% growth) and on 11/11/14 (13% growth).

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