Growing Concepts of Multi Unit Operators
Cincinnati, OH-based GRAETER\’S ICE CREAM (founded 1870) has increased by 4 units, from 51 to 55 (8% growth) and entered into PA. This quick serve ice cream shop is open for lunch and dinner hours, with a $4-$12+ per person price range. Units seat about 20 and offer catering service. About half the locations are franchised. Trading areas are IL, IN, KY, OH and PA.
Portland, OR-based BRUCE CAREY RESTAURANTS (founded 2000) has added a new concept called Fairway. Other company concepts are 23 Hoyt (1), Bluehour (1), Clarklewis (1) and Saucebox (1). Overall company increase was from 4 to 5 (25% growth). The restaurants are upscale concepts, serving American cuisine. Per person check average is $15-$50+, with full bar and average seating for about 150. Private party services are available. All the restaurants are located in OR.
California-based TAQUERIA MI PUEBLO has increased by 1 unit, from 2 to 3 (50% growth). This fast casual Mexican concept is open for lunch and dinner, with a $4-$12+ per person price range. Beer and wine are served and average seating is for about 40. Catering is available. All the restaurants are in CA.
Emeryville, CA-based PEET\’S COFFEE & TEA (founded 1966) has increased by 2 units, from 248 to 250 (1% growth). This fast casual coffee shop is open for breakfast, lunch and dinner hours, with a $4-$12+ per person price range. Online ordering is available. Locations trade in CA, CO, DC, IL, MA, MD, OR, VA and WA.
Austin, TX-based AUSTIN\’S PIZZA (founded 1999) has increased by 1 unit, from 13 to 14 (8% growth). The restaurants are fast casual, open for lunch and dinner, with a $4-$12+ per person price range. Beer and wine are offered and seating is for about 20. Catering, delivery and online ordering options are available. Units are franchised and trade in TX.
Emerging and Re-emerging Concepts
Concepts with 20 units or less who grew by at least 2 units.
Huntersville, NC-based FAMOUS TOASTERY (founded 2005) has increased by 11 units, from 19 to 30 (58% growth) and entered into CO and GA. This family/casual breakfast concept is open for breakfast and lunch, with a $6-$15+ per person check average. The restaurants have full bar service and average seating for about 70. Catering and online ordering services are available. Units are franchised and trade in CO, GA, NC, PA, SC and VA.
Salt Lake City, UT-based EVEN STEVENS SANDWICHES (founded 2014) has increased by 10 units, from 10 to 20 (100% growth). This fast casual sandwich shop is open for breakfast, lunch and dinner, with a $6-$15+ per person price range. Beer and wine are served and seating is for about 70. Catering and online ordering options are offered. Trading areas are AZ, CO, ID, TX, UT and WA.
Repeat Growers
Concepts previously written about in the past 18 months.
Culver City, CA-based SWEETGREEN (founded 2007) has increased by 30 units, from 66 to 96 (45% growth). This fast casual salad concept is open for lunch and dinner, with a $6-$15+ per person price range. Units seat about 20. Online ordering service is available. Trading areas are CA, DC, IL, MA, MD, NY, PA and VA. We last wrote about this concept on 4/4/17 (100% growth).