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Growing Concepts of Multi Unit Operators Concepts that have grown by at least 5% (if less than 50 units). Boulder, CO-based BIG RED F RESTAURANT GROUP (founded 1994) has added a new concept called Good Bird Kitchen for an overall company increase from 10 to 11 (10% growth). Other company concepts include: Post Brewing Co (1), West End Tavern (1), Zolo Grill (1), Lola (1), Jax Fish House (5) and Centro (1). These upscale restaurants are open for lunch and dinner, serving various types of cuisines. Per person check average is $15-$50+, with full bar service. Seating is for about 100. Locations trade in CO. Atlanta, GA-based FIFTH GROUP RESTAURANTS (founded 1993) has increased by 1 unit, from 2 to 3 (50% concept growth) for the South City Kitchen concept (50% concept growth. Other company concepts include: The Original El Taco (1), Lure (1), La Tavola Trattoria (1), Cco (1) and Alma Cocina (1). Overall company increase was from 7 to 8 (14% growth). The restaurant concepts are upscale, offering multiple cuisine types and are open for lunch and dinner. Per person check average is $15-$50+. Full bar service is available and seating is for about 150. Catering is and banquet services are also available. All locations are in GA. San Diego, CA-based TRULUCK\’S SEAFOOD STEAK & CRAB (founded 2003) has increased by 1 unit for it’s Truluck\’s concept, from 10 to 11 (10% concept growth) for an overall company increase from 11 to 12 (9% company growth). The company also operates Steve Fields Steak & Lobster (1). These upscale steak and seafood restaurants are open for lunch and dinner, with a $15-$50+ per person check average. The restaurants have full bar and seating for about 200. Banquet rooms are available. Trading areas are CA, Fl and TX. Pittsburgh, PA-based PRIMANTI BROTHERS RESTAURANT & BAR (founded 1933) has increased by 17 units, from 23 to 40 (74% growth). These family style American restaurants are open for lunch and dinner, with a $6-$15+ per person check average. The restaurant have full bar service and seating is for about 100. Catering is also available. Trading areas are FL, PA and WV. Mcdonough, GA-based SHANE’S RIB SHACK (founded 2002) has increased by 2 units, from 71 to 73 (3%growth). These fast casual BBQ restaurants are open for lunch and dinner, with a $4-$12+ per Virginia Beach, VA-based POLLARD\’S CHICKEN (founded 1967) has increased by 1 unit, from 8 to 9 (10% growth). This quick serve concept is open for lunch and dinner, with a $4-$12+ per person price range. Seating is for about 80 and catering is available. All the locations are in VA. |
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Emerging and Re-emerging Concepts Concepts with 20 units or less who grew by at least 2 units. Boulder, CO-based MODMARKET (founded 2009) has increased by 15 units, from 12 to 27 (125% growth) and entered into DC. These fast casual American cuisine restaurants are open for breakfast, lunch and dinner, with a $6-$15+ per person check average. Beer and wine are served and seating is for about 80. Catering is also available. Trading areas are CO, DC and TX. Gilbert, AZ-based MORENO\’S GECKO GRILL has increased by 3 units, from 4 to 7 (75% growth). These family style Mexican restaurants are open for breakfast, lunch and dinner, with an $8-$20+ per person check average. Full bar service is available and seating is for about 150. Catering is also available. All the restaurants are in AZ. Hattiesburg, MS-based MUGSHOTS GRILL & BAR (founded 2004) has increased by 5 units, from 12 to 17 (42% growth). These family/casual bar & grill restaurants are open for lunch and dinner, with an $8-$20+ per person check average. Seating is for about 125. Trading areas are AL, LA and MS. Eden Prairie, MN-based REDSTONE AMERICAN GRILL (founded 1999) has increased by 3 units, from 7 to 10 (43% growth). The restaurants are upscale, open for lunch and dinner, serving American cuisine. Per person check average is $15-$50+. Locations have full bar and average seating is for 200. Trading areas are IL, MD, MN, NJ and PA. Edmonton, AB-based ROYAL PIZZA (founded 1969) has increased by 2 units, from 8 to 10 (25% growth). These family/casual Italian & pizza restaurants are open for lunch and dinner, with an $8-$20+ per person check average. Locations have full bar and seating for about 150. All the locations are in AB. |
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Repeat Growers Concepts previously written about in the past 18 months. Atlanta, GA-based 101 CONCEPTS (founded 1997) has increased by 1 unit, from 9 to 10 (11% growth), with the addition of a new concept called 101 Steak. Other company concepts are Cibo E Beve (1), Food 101 (1), Meehan\’s Ale House (5), Paradis (1) and Smoke Ring (1). The restaurants are mostly upscale concepts, open for lunch and dinner, with a $15-$50+ per person check average. Various cuisine types are served. The restaurants have full bar and average seating for about 150. Catering and private party services are available. Trading areas are FL and GA. We last featured this company on 4/28/15 (80% growth). Kansas City, MO-based 54TH STREET GRILL & BAR (founded 1990) has increased by 1 unit, from 25 to 26 (4% growth). This family/casual concept is open for lunch and dinner, with an $8-$20+ per person check average. Units have seating for about 200. Trading areas are IL, KS, MO and TX. We last featured this concept on 7/21/15 (14% growth).
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