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Growing Concepts of Multi Unit Operators Concepts that have grown by at least 5% (if less than 50 units). Omaha, NE-based PEPPERJAX GRILL (founded 2002) has increased by 9 units, from 31 to 40 (29% growth). These fast casual sandwich restaurants are open for lunch and dinner, with a $4-$12+ per person price range. Beer service is sold and seating is for about 100. Trading areas are IA, KS, MN, MO, NE and SD. Stafford, TX-based PEPPERONI\’S NEW YORK STYLE PIZZA (founded 1990) 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. Seating is for about 30 and catering is available. All stores are located in TX. Tampa, FL-based MR. EMPANADA (founded 2003) has increased by 1 unit, from 8 to 9 (13% growth). These quick serve South American restaurants are open for lunch and dinner, with a $4-$12+ per person check average. Seating is for about 30 and catering is available. Units are franchised and trade in FL. Diamond Bar, CA-based ONO HAWAIIAN BBQ has increased by 10 units, from 54 to 64 (19% growth). These quick serve Hawaiian restaurants are open for lunch and dinner, with a $4-$12+ per person check average. Seating is for about 50 and catering is available. Trading areas are AZ and CA. India Shores, FL-based ORIGINAL PIZZA & RESTAURANT (founded 2002) has increased by 1 unit, from 3 to 4 (33% growth). These family style pizza restaurants are open for lunch and dinner, with a $6-$15+ per person check average. Beer and wine are offered and seating is for about 60. Catering and delivery are available. All the restaurants are located in FL. Grants Pass, OR-based DUTCH BROS COFFEE (founded 1992) has increased by 10 units, from 255 to 265 (4% growth). This fast casual coffee concept is open for breakfast, lunch and dinner hours, with a $4-$12+ per person price range. Units have limited seating and offer drive-thru service. Stores are franchised and trade in AZ, CA, CO, ID, NV, OR and WA. Orlando, FL-based LONGHORN STEAKHOUSE (founded 1981) has increased by 1 unit, from 482 to 483 (1% growth). This family/casual steakhouse concept is open for lunch and dinner, with a $10-$30+ per person check average. Units seat about 250 and offer full bar service. Trading areas are AL, AR, CT, DE, FL, GA, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, MO, MS, NC, NE, NH, NJ, NY, OH, OK, PA, RI, SC, TN, TX, VA, VT, WI and WV. Longhorn Steakhouse is a subsidiary of Darden Restaurants. Atlanta, GA-based PAPI\’S CUBAN & CARIBBEAN GRILL (founded 2002) has increased by 1 unit, from 5 to 6 (20% growth). The restaurants are fast casual, open for lunch and dinner. Per person price range is $6-$15+, serving beer and wine and seating about 60. Catering is available. All the restaurants are located in GA. Stanwood, WA-based ALFY\’S PIZZA (founded 1973) has increased by 1 unit, from 6 to 7 (17% growth). The restaurants are family/casual, open for breakfast, lunch and dinner, with a $4-$12+ per person check average. Locations serve beer and wine and offer seating for around 150. Catering, delivery, online ordering and private party services are available. All the restaurants are in WA. New York, NY-based CHARLIE PALMER GROUP (founded 1988) has increased by 1 unit with the addition of a new concept called St Cloud. Other company concepts are Aureole + Liberty Room (2), Briscola (1), Burritt Room + Tavern At The Mystic (1), Charlie Palmer @ The Knick (1), Charlie Palmer Steak (4), Crimson & Rye (1), Dry Creek Kitchen & Spirit Bar (1), Harvest Table (1), Jake\’s @ The Knick (1) and Upper Story (1). Overall company increase was from 14 to 15 (7% growth). The restaurants are upscale, serving multiple cuisine types. Meal periods are lunch and dinner, with a $15-$50+ per person check aveage. The restaurants have full bar service and average seating for around 200. Catering and banquet rooms are available. Trading areas are CA, DC, NV and NY. |
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Emerging and Re-emerging Concepts Concepts with 20 units or less who grew by at least 2 units. Chicago, IL-based FEAST has increased by 3 units for the Goddess and Grocer concept, from 4 to 7 (75% concept growth). The company also operates the 1-unit concept called Feast. Overall company increase was from 5 to 8 (60% company growth). The restaurants are fast casual, open for breakfast, lunch and dinner and serve American cuisine. Per person check average is $6-$15+, serving beer and wine. Seating is for about 50. Catering, delivery, online ordering and private party facilities are available. All the restaurants are in IL. Langley, BC-based JUICE ZONE (founded 2000) has increased by 1 unit, for the Go-Grill concept, from 4 to 5 (25% concept growth), 1 unit for the Pure Health concept, from 5 to 6 (20% concept growth) and by 1 unit for the Yo-Good concept, from 1 to 2 (100% concept growth) for an overall company increase from 13 to 16 (23% company growth), entering into NY and NJ. The company also operates Juice Zone (3). These quick serve juice/smoothie restaurants are open for lunch and dinner, with a $4-$12+ per person price range. Seating is for about 30 and catering is available. Trading areas are BC, CT, FL, NJ, NY, PE, SK and WA. Locations are franchised. Costa Mesa, CA-based KING\’S SEAFOOD CO (founded 1945) has increased by 2 units for the Water Grill concept, from 3 to 5 (67% concept growth) for an overall company increase from 18 to 20 (11% growth). Other company concepts include: 55 East American Steakhouse (1), Fish Camp (1), King\’s Fish House (11), Lou & Mickey\’s (1) and Pier Burger (1). These upscale restaurants serve mostly seafood and American cuisine and are open for lunch and dinner. Per person check average is $15-$50+, with full bar service. Seating is for about 200. Catering is available. Trading areas are AZ, CA and NV. |
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Repeat Growers Concepts previously written about in the past 18 months. Annapolis, MD-based LEDO PIZZA (founded 1955) has increased by 2 units for the Ledo Pizza concept, from 98 to 100 (2% concept growth) and by 1 unit for the Urban Bar-B-Que concept, from 9 to 10 (11% concept growth). Overall company increase was from 107 to 110 (3% company growth). The restaurants are family/casual, open for lunch and dinner, with a $6-$15+ per person check average. Full bar service is available at select locations. Average seating is for about 90. Catering, delivery and online ordering services are available. Locations are franchised and trade in DC, FL, MD, SC, VA and WV. We last featured this company on 7/14/15 (3% growth).
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