Growing Concepts of Multi Unit Operators
Dallas, TX-based POLLO REGIO (founded 2018) has increased by 3 units, from 43 to 46 (7% growth). These quick serve chicken restaurants are open for lunch and dinner, with a $4-$12+ per person price range. Seating is for about 80 and catering is available. Locations are franchised and trade in LA and TX.
Lexington, SC-based CAROLINA WINGS & RIBHOUSE (founded 1996) has increased by 1 unit, from 5 to 6 (20% growth). This family/casual concept is open for lunch and dinner, with an $8-$20+ per person check average. The restaurants have full bar and seating for about 200. Catering and banquet services are available. All locations are in SC.
Bensalem, PA-based CHICKIE\’S & PETE\’S (founded 1977) has increased by 3 units, from 25 to 28 (12% growth). This family/casual bar and grill is open for lunch and dinner, with an $8-$20+ per person check average. Average unit has seating for about 350. Catering and private party services are available. Trading areas are KS, MN, NC, NJ, OH and PA.
New York, NY-based CHOPT (founded 2001) has increased by 7 units, from 45 to 52 (16% growth). This fast casual salad concept is open for lunch and dinner, with an $8-$20+ per person price range. Seating is for about 20. Catering, delivery and online ordering options are available. Trading areas are CT, DC, MD, NC, NJ, NY and VA.
San Antonio, TX-based CHACHO\’S has increased by 1 unit, from 6 to 7 (17% growth). This fast casual Mexican concept is open for breakfast, lunch and dinner, with a $4-$12+ per person price range. Beer and wine are served and seating is for about 150. All the locations are in TX.
Emerging and Re-emerging Concepts
Concepts with 20 units or less who grew by at least 2 units.
Georgia-based EL TOREO MEXICAN RESTAURANT has increased by 2 units, from 2 to 4 (100% growth). This family/casual Mexican restaurant is open for lunch and dinner, with an $8-$20+ per person check average. The restaurants have full bar and seating for about 100. Private party services are available. All the locations are in GA.
Cincinnati, OH-based JEFF RUBY CULINARY ENTERTAINMENT (founded 1981) has increased by 2 units for the Jeff Ruby\’s Steakhouse concept, from 3 to 5 (67% concept growth). Other company concepts are Carlo & Johnny (1) and The Precinct (1). Overall company increase was from 5 to 7 (40% growth). These upscale steakhouse restaurants are open for dinner, with a $30-$50+ per person check average. The restaurants have full bar service and seating for about 250. Banquet rooms are available. Trading areas are KY, NV and OH.
Phoenix, AZ-based SALAD AND GO (founded 2013) has increased by 4 units, from 10 to 14 (40% growth). This fast casual salad, sandwich and smoothie concept is open for breakfast, lunch and dinner, with a $6-$15+ per person price range. Locations have limited seating. Drive-thru service is available. All locations are in AZ.
Repeat Growers
Concepts previously written about in the past 18 months.
Pikesville, MD-based PIZZA BOLI\’S (founded 1985) has increased by 4 units, from 79 to 83 (5% growth). These quick serve pizza restaurants are open for lunch and dinner, with a $4-$12+ per person check average. Seating is for about 10 and catering is available. Trading areas are DC, MD, NJ, PA and VA. All the restaurants are franchised. We last wrote about this concept on 1/30/18 (5% growth).
Newport News, VA-based PLAZA AZTECA MEXICAN RESTAURANTS (founded 1994) has increased by 1 unit, from 39 to 40 (3% growth). These family/casual Mexican restaurants are open for lunch and dinner, with an $8-$20+ per person check average. The restaurants have full bar service and seating for about 250. Catering and online ordering are available. Trading areas are CT, MA, MD, NC, NJ, PA and VA. We featured this concept on 1/30/18 (26% growth).
Haddon Township, NJ-based PJW RESTAURANT GROUP (founded 1983) has added a new concept called Central Taco And Tequila (1) for an overall company increase from 24 to 25 (4% growth). Their other company concepts include: The Chophouse (1), The Pour House (3) and Treno Pizza Bar (1). These family/casual restaurants are open for lunch and dinner, with a $10-$30+ per person check average. The restaurants serve steak, pizza and American cuisines. Locations have full bar service and seating for about 250. Banquet services are available.Trading areas are NJ and PA. We last wrote about this company on 2/13/18 (14% growth).