Growing Concepts of Multi Unit Operators
Concepts that have grown by at least 5% (if less than 50 units).
Scottsdale, AZ-based KONA GRILL (NASDAQ: KONA; founded 1998) has increased by 3 units, from 27 to 30 (11% growth) and entered into GA, ID and OH. The restaurants are family/casual, specializing in sushi and American cuisine. Locations have full bar service and seating for about 275. Meal periods are lunch and dinner, with a $10-$30+ per person check average. Private party services are available. Trading areas are AZ, CO, CT, FL, GA, ID, IL, IN, LA, MD, MI, MN, MO, NE, NJ, NV, OH, TX and VA.
San Jose, CA-based TOGO\’S EATERY (founded 1971) has increased by 9 units, from 242 to 251 (4% growth) and entered into UT. This fast casual sandwich shop is open for lunch and dinner, with a $4-$12+ per person price range. Units have seating for about 90 and offer catering services. The restaurants are franchised and trade in AZ, CA, OR and UT.
St Louis, MO-based RACANELLI\’S NEW YORK STYLE PIZZA (founded 1994) has increased by 1 unit, from 4 to 5 (25% growth). These quick serve pizzerias are open for lunch and dinner, with a $4-$12+ per person price range. Average seating is for about 30. One location is family/casual, with full bar service. Catering and delivery options are available. All locations are in MO.
California-based OLD PORT LOBSTER SHACK (founded 2006) has increased by 1 unit, from 2 to 3 (50% growth). These family/casual seafood restaurants are open for lunch and dinner, with a $10-$30+ per person check average. Beer and wine are served and seating is for around 80. Catering is available. All locations are in CA.
CASSANO\’S PIZZA & SUBS of Kettering, OH (founded 1953) has increased by 1 unit, from 32 to 33 (3% growth). These are quick serve restaurants with seating for around 70. Beer and wine are served. Per person check average is around $4-$12+. Meal periods are lunch and dinner. Catering and delivery are offered. All locations are in OH.
FUDDRUCKERS based in Houston, TX (founded 1980) has increased by 11 units, from 171 to 182 (6% growth) and expanded into NY and ND. These are fast casual burger restaurants with full bar and seating for around 200. Per person check average is around $8-$20+. Meal periods are lunch and dinner. Locations are in AZ, CA, CT, DC, FL, GA, IA, ID, IL, LA, MA, MD, MI, MN, MO, MT, NC, ND, NE, NJ, NM, NV, NY, OK, OR, PA, SC, SD, SK, TN, TX, VA and WI.