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Growing Concepts of Multi Unit Operators
Concepts that have grown by at least 5% (if less than 50 units).
Fort Lauderdale, FL-based MIAMI SUBS GRILL (founded 1983) has increased by 2 units, from 32 to 34 (6% growth) and entered into HI and Guyana. These fast casual sandwich shops are open for lunch and dinner, with a $4-$12+ per person price range. Units have seating for about 20 and offer catering and delivery services. All stores are franchised and trade in FL, HI, SC and Guyana.
Santa Ana, CA-based THE FLAME BROILER (founded 1995) has increased by 17 units, from 144 to 161 (12% growth). The restaurants are fast casual, serving Asian cuisine. Meal periods are lunch and dinner, with a $4-$12+ per person price range. Units seat about 60 and offer catering services. Trading areas are AZ, CA, FL and OK.
TOOJAY\’S GOURMET DELI based in West Palm Beach, FL (founded 1981) has increased by 1 unit, from 24 to 25 (4% growth). These are family/casual restaurants with seating for around 100. Beer and wine are served. Locations are open for breakfast, lunch and dinner. Per person check average is around $6-$15+. Catering and banquet services are offered. All locations are in FL.
La Quinta, CA-based STUFT PIZZA (founded 1976) has increased by 1 unit for the Stuft Pizza Bar & Grill concept, from 1 to 2 (100% concept growth). The company also operates 8 Stuft Pizza locations. Overall company increase was from 9 to 10 (11% company growth). The restaurants are family/casual, open for lunch and dinner, with a $6-$15+ per person check average. The restaurants serve beer and wine (bar and grill concepts have full bar service) and the average seating is for around 60. Catering, delivery and online ordering options are available. All the restaurants are in CA.
Portland, OR-based STUMPTOWN COFFEE ROASTERS (founded 1999) has increased by 1 unit, from 9 to 10 (11% growth) and entered into CA. These quick serve coffee shops are open for breakfast, lunch and dinner hours, with a $4-$12+ per person price range. Stores serve beer and wine and seat about 40. Online ordering is available. Trading areas are CA, NY, OR and WA.
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Emerging and Re-emerging Concepts
Concepts with 20 units or less who grew by at least 2 units.
TENDER GREENS of Culver City, CA has increased by 4 units, from 17 to 21 (24% growth). These are fast casual restaurants with seating for around 60. Beer and wine are served. Meal periods are lunch and dinner. Per person check average is around $4-$12+. Catering is offered. All locations are in CA.
Los Angeles, CA-based SPRINKLES CUPCAKES (founded 2005) has increased by 5 units, from 12 to 17 (42% growth) and entered into GA and NV. These fast casual cupcake bakeries are open for breakfast, lunch and dinner hours, with a $4-$12+ per person price range. The stores have limited seating. Catering services are offered. Trading areas are AZ, CA, DC, GA, IL, NV, NY and TX.
Palo Alto, CA-based PATXI\’S PIZZA (founded 2004) has increased by 2 units, from 12 to 14 (17% growth) and entered into WA. The restaurants are family/casual, open for lunch and dinner. Per person check average is $8-$20+. Locations serve beer and wine (1 location has full bar service). Online ordering, delivery and private party facilities are available. Trading areas are CA, CO and WA. |
Repeat Growers 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). |