Concepts previously written about in the past 18 months.
Dallas, TX-based FRONT BURNER RESTAURANTS (founded 2005) has increased by 21 units for the Twin Peaks Restaurant concept, from 42 to 63 (50% concept growth) and entered into AL, ID, IN and MO. The company also increased by 4 units for the Ojos Locos Sports Cantina concept, from 4 to 8 (100% concept growth). The company also operates Ranch At Las Colinas (1), Red Dog Right (1) and Whiskey Cake Kitchen & Bar (1). Overall company increase was from 49 to 74 (51% growth). The restaurants are family/casual sports bar and grill concepts. Meal periods are lunch and dinner, with an $8-$20+ per person check average. Seating is for about 225. Banquet facilities are available. The restaurants are franchised and trade in AL, AR, AZ, CO, FL, GA, IA, ID, IL, IN, KS, LA, MO, MS, NC, NE, NM, NV, OK, SC, TN and TX. We featured this company on 5/28/13 (36% growth).
Trevose, PA-based RITA\’S ITALIAN ICE (founded 1984) has increased by 41 units, from 569 to 610 (7% growth) and entered into AL, IA, KS, MN and UT. These quick serve custard shops are open for lunch and dinner hours, with a $4-$12+ per person price range. Limited seating is available. Locations offer catering and online ordering services. The stores are franchised and trade in AL, AZ, CA, CT, DC, DE, FL, GA, IA, KS, MD, MN, NC, NJ, NV, NY, OH, PA, RI, SC, TN, TX, UT, VA and WA. We last featured this company on 10/29/13 (2% growth).
New York, NY-based FIG & OLIVE has increased by 1 unit, from 6 to 7 (17% growth) and entered into IL. The restaurants are upscale, open for breakfast, lunch and dinner. Per person check average is $15-$50+, with full bar service and seating for about 125. Catering and banquet services are offered. The restaurants are located in CA, IL and NY. We last wrote about this concept on 11/13/13 (20% growth).