Restaurant News 02-04-14

Restaurantdata.com News 02-04-14

Our popular weekly newsletter has been renamed the Restaurantdata.com weekly newsletter.

Readers will see the same content they are used to enjoying along with expanded content regarding the entire Restaurant Universe.

The 4th Quarter 2013 Top Ten Fastest Growing Concepts list..Continue

The 4th Quarter 2013 Top Twenty Fastest Growing Concepts list..Continue

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DID YOU KNOW?

The following closing/failure counts of SINGLE UNIT INDEPENDENT restaurants year over year January 2013 to January 2014:

AZ: 589

CO: 528

ID: 165

IN: 1003

MT: 44

NJ: 815

NM: 320

NV: 386

UT: 197

WY: 41

Growing Concepts of Multi Unit Operators

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

Houston, TX-based CORDUA RESTAURANTS (founded 1987) has increased by 1 unit for the Churrascos concept, from 3 to 4 (33% concept growth). Other company concepts are Amazon Grill (1), Americas (2), Artista (1), and Cordúa Catering (1). Overall company increase was from 8 to 9 (13% growth). These are upscale South American concepts, open for lunch and dinner. Per person check average is $15-$50+, with full bar and seating for about 200. Catering, banquet, online ordering and reservations options are available. All the restaurants are in TX.

Seattle, WA-based EZELL\’S FAMOUS FRIED CHICKEN (founded 1984) has increased by 1 unit, from 7 to 8 (14% growth). This quick serve chicken concept is open for lunch and dinner, with a $4-$12+ per person price range. Units seat about 40 and offer catering service. All locations are in WA.

Portland, OR-based MIO SUSHI (founded 1995) has increased by 1 unit, from 15 to 16 (7% growth). This family/casual sushi concept is open for lunch and dinner, with a $10-$30+ per person check average. Beer and wine are served and seating is for about 60. Catering is available. Trading areas are OR and WA.

THE BRIAR GROUP of Brighton, MA (founded 1972) has increased by 1 unit, from 11 to 12 (9% growth) adding a new concept called Gather. Other company concepts are City Bar (2), Lenox Hotel (1), Mj O\’connor\’s (2), Ned Devine\’s (1), Parris (1), Solas (1), The Anthem Kitchen & Bar (1), The Green Briar (1) and The Harp (1). Locations tend to be upscale with full bar and seating for around 200. Meal periods are lunch and dinner. Per person check average is around $10-$30+.

CALIFORNIA TORTILLA of Rockville, MD (founded 1995) has increased by 4 units, from 34 to 38 (12% growth). These are fast casual Mexican restaurants with seating for around 60. Beer and wine are served. Meal periods are breakfast, lunch and dinner. Per person check average is around $4-$12+. Catering is available. Locations are more than 80% franchised and are in DC, DE, MD, PA and VA.

Emerging and Re-emerging Concepts

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

California-based NATIVE FOODS CAFE (founded 1994) has increased by 3 units, from 14 to 17 (21% growth). The restaurants are fast casual, offering vegan cuisine and salads. Per person check average is $6-$15+, serving beer and wine. Units seat around 40. Catering and online ordering options are available. Trading areas are CA, CO, IL, and OR.

AUBREY\’S RESTAURANTS of Knoxville, TN (founded 1992) has increased by 2 units, from 7 to 9 (29% growth) for their Aubrey’s concept. These are family/casual restaurants with full bar and seating for around 200. Meal periods are lunch and dinner. Per person check average is around $8-$20+. Other company concepts are Barley\’s Taproom (1), Bistro By The Tracks (1), Stefano\’s Chicago Style Pizza (1) and Sunspot (1). Overall company growth is from 11 to 13 (18% company growth). All locations are in TN.

BURRITO EXPRESS of Chandler, AZ (founded 1995) has increased by 3 units, from 2 to 5 (150% growth). These are quick serve restaurants with seating for around 20. Breakfast, lunch and dinner are served. Per person check average is around $4-$12+. Catering and delivery are offered. All locations are in AZ.

Repeat Growers

Concepts previously written about in the past 18 months.

Atlanta, GA-based YOGLI MOGLI (founded 2009) has increased by 1 unit, from 26 to 27 (4% company growth), with the addition of a new concept called Kale Me Crazy. The restaurant is a fast casual juice bar/salad concept, with a $6-$15+ per person price range. Yogli Mogli is a self-serve frozen yogurt bar, with a per person price range of $4-$12+. The concepts have seating for about 40. Catering service is available. Locations are franchised and trade in GA, IL, KY, PA, and TN. We last wrote about this company on 4/9/2013 (37% growth).

Broomfield, CO-based NOODLES & CO (founded 1995) has increased by 66 units, from 343 to 409 (19% growth) and entered into FL, MA, NJ, NY, SD, and WA. This fast casual noodle restaurant is open for lunch and dinner, with a $6-$15+ per person check average. Most locations serve beer and wine, some offer full bar service. Seating is for about 90. Franchising is available. Locations trade in CA, CO, CT, DC, DE, FL, IA, ID, IL, IN, KS, KY, MA, MD, MI, MN, MO, NC, ND, NE, NJ, NY, OH, OR, PA, SD, TN, TX, UT, VA, WA, and WI. We featured this concept on 11/20/12 (13% growth) and on 6/25/13 (3% growth).

CRACKER BARREL OLD COUNTRY STORE based in Lebanon, TN (founded 1969) has increased by 4 units, from 621 to 625 (1% growth). These are family/casual restaurants with seating for around 175. Meal periods are breakfast, lunch and dinner. Per person check average is around $4-$12+. Locations are in AL, AR, AZ, CO, CT, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NY, OH, OK, PA, RI, SC, SD, TN, TX, UT, VA, WI and WV. We last reported on this concept on 2/26/13 (3% growth).

DICK\’S LAST RESORT based in Nashville, TN (founded 1985) has increased by 1 unit, from 13 to 14 (8% growth). These are family/casual restaurants with full bar and seating for around 250. Meal periods are lunch and dinner. Per person check average is around $10-$30+. Catering and banquet services are offered. Locations are in CA, FL, IL, IN, MA, MD, MN, NV, SC, TN and TX. We wrote about this concept on 2/12/13 when they had 8% growth.