Mounting restaurant growth all around, See 5 months since COVID

There is mounting growth in new restaurant chain stores and new restaurant independents. New opening activity is hovering at 500 new starts per week. We have rebounded to 70% of normal growth since the rolling shutdowns began. New starts are derived from legal and license filings and most would have...

The largest week of net new openings in months.

Week ending 7/30/2020. More than 500 (net) new openings last week. There were no holidays in the way or remnant issues that could tilt the numbers. Legal Filings Week ending 07/30/2020DBA\’sIncs & LLC\’sTotal Permits and LicensesTotal RawTotal Net Issued3/26/20201605241608443014/2/20201303711336393274/9/20203851971096911924/16/20204053001338395324/23/20203964641109703854/30/20203372171246783245/7/2020403186986793165/14/2020352350998013565/21/2020317374857763045/28/2020414187906913166/4/2020447235807623586/11/202026598674972646/18/2020433382958153966/25/20202963111047113547/9/202072236014313685827/16/20203894441259584747/23/2020327397867243587/30/202057825878992503 New openings are derived from legal filings. Filers would have filed...

Restaurant Closings Results Are In

Restaurantdata\’s expert research team has been performing lock-step closing reports of U.S. restaurant locations for the past 5 years. Due to COVID we are now performing monthly sweeps of the U.S. restaurant universe. Prior to COVID, closings clocked in at the rate of around 4,233 per month. In March once...

February 11, 2020

Growing Concepts of Multi Unit Operators Syracuse, NY-based CORELIFE EATERY (founded 2015) has increased by 22 units, from 41 to 63 (54% growth). These fast casual vegetarian restaurants are open for lunch and dinner, with a $6-$15+ per person price range. Seating is for about 50 and catering is available. Trading area are...

February 4, 2020

Growing Concepts of Multi Unit Operators Boise, ID-based BITTERCREEK ALEHOUSE (founded 2002) has added a new concept called Diablo & Son\’s (1). Other company concepts are Bittercreek Alehouse (1) and Red Feather Lounge/ Cellar (1). Overall company increase was from 2 to 3 (50% company growth). These family/casual bar and grill concepts are...