18,500 Independent Restaurants closed in the last 6 months.
Want to know who, what and where in the US?
Here is the TOP 10 and the BOTTOM 10.
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Growing Concepts of Multi Unit Operators
Concepts that have grown by at least 5% (if less than 50 units).
Tomball, TX-based LOS CUCOS MEXICAN CAFE (founded 1991) has increased by 2 units, from 22 to 24 (9% growth). This family/casual Mexican concept is open for lunch and dinner, with an $8-$20+ per person check average. The restaurants serve full bar and seat around 150. Catering is available. All the restaurants are in TX.
Westlake Village, CA-based SHARKY\’S WOODFIRED MEXICAN GRILL (founded 1992) has increased by 1 unit, from 21 to 22 (5% growth). The restaurants are family/casual, open for lunch and dinner. Per person check average is $6-$15+, serving beer and wine. Seating is for about 100. Catering and private party services are available. Locations are franchised and trade in CA.
Culver City, CA-based CHAYA RESTAURANT GROUP has increased by 1 unit for the M Cafe concept, from 2 to 3 (50% concept growth). The company also operates a 4 unit concept called Chaya. Overall company increase was from 6 to 7 (17% growth). The restaurants are upscale, open for breakfast, lunch and dinner. Per person check average is $15-$50+, serving a variety of American, Mexican and Asian cuisines. Locations have full bar and average seating for about 80. Catering and banquet services are available. All the restaurants are in CA.
Emerging and Re-emerging Concepts
Concepts with 20 units or less who grew by at least 2 units.
Palm Harbor, FL-based LITTLE GREEK (founded 2004) has increased by 5 units, from 14 to 19 (36% growth). This fast casual concept is open for lunch and dinner, with a $4-$12+ per person price range. Units seat about 40 and offer catering and online ordering services. All the units are franchised and trade in AR, FL and TX.
Concepts previously written about in the past 18 months.
Sterling Heights, MI-based JET\’S PIZZA (founded 1978) has increased by 56 units, from 316 to 372 (18% growth) and entered into CO, NY and PA. This quick serve pizzeria is open for lunch and dinner, with a $4-$12+ per person price range. Online ordering and delivery are available. Locations are franchised and trade in AL, CO, FL, GA, IL, IN, KY, MI, MN, MO, NC, NY, OH, PA, SC, TN, TX, VA and WI. We last wrote about this concept on 10/29/13 (19% growth).
Manasquan, NJ-based JERSEY MIKE\’S GIANT SUBS (founded 1956) has increased by 154 units, from 748 to 902 (21% growth) and entered into IA, NH and NM. The restaurants are fast casual, open for lunch and dinner, with a $4-$12+ per person price range. Seating is for about 20. Catering and online ordering services are available. All stores are franchised and trade in AL, AZ, CA, CO, CT, DC, DE, FL, GA, IA, IL, IN, KS, KY, MA, MD, MI, MN, MO, NC, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, VA, WA, WI and WV. We last featured this concept on 5/6/14 (21% growth).
New York, NY-based DALLAS BBQ (founded 1959) has increased by 1 unit for the Dallas BBQ concept, from 10 to 11 (10% concept growth). The company also operates Tony\’s Di Napoli (2 units). Overall company increase was from 12 to 13 (8% company growth). The restaurants are family/casual BBQ concepts, open for lunch and dinner (Tony’s Di Napoli serves Italian cuisine). The concepts have full bar service and seating for about 200, offering catering, delivery and online ordering services. All the restaurants are located in NY. We featured this concept on 10/8/13 (9% company growth).