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Hospitality Industry Trends |
Sunday November 23rd, 2008 |
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Restaurant Trends - Growing And Emerging Concepts - Data reflects change and activity from September 29, 2007 to February 1, 2008 |
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Update from Restaurantchains.net on growing and emerging restaurant concepts |
Growing Concepts that have grown by at least 5% (if less than 50 units).
Atlanta, GA-based WILLY'S MEXICANA GRILL (founded 1995) has opened a new location, from 15 to 16 units (7% growth). These fast casual Mexican restaurants are open for breakfast lunch and dinner, with a $3-$8 per person check average. Seating is for about 60. Catering is available. All units are in GA.
Cincinnati, OH-based GRAETER'S ICE CREAM (founded 1870) has opened 3 units, from 41 to 44 (7% growth). Locations are quick serve, with a $2-$6 per person check average. Seating is for about 20. Stores are open for lunch and dinner hours. Trading areas are IN, KY, and OH. Between 60 and 70% of units are franchised.
The Illinois-based chain GO ROMA ITALIAN KITCHEN (founded 2004) has opened a new location, from 8 to 9 (13% growth) and entered into the state of CA. Other units are in IL and IN. This is a fast casual Italian concept, open for lunch and dinner, with a $4-$10 per person check average. Catering is available.
PORTILLO RESTAURANT GROUP based in Oak Brook, IL (founded 1963) has increased by 3 units for their Portillo's concept, from 31 to 34 (10% concept growth) and 1 unit for their Barnelli's concept, from 9 to 10 (11% concept growth). Units tend to be family/casual with full bar. Seating is for about 250 with catering and banquets offered. The check average is around $6-$15+ per person. Current concepts are Barnelli's (10), Key Wester (1), Luigi's House (1) and Portillo's (34). Overall company growth is from 42 to 46 (10% growth). Locations are in CA and IL.
Chef Peter X. Kelly's XAVIAR'S RESTAURANT GROUP of Congers, NY (founded 1983) has opened a new concept called X2O Xavier's on the Hudson. The overall company increase is from 3 to 4 (33% growth). Other concepts are Freelance Café & Wine Bar (1), X Restaurant (1) and Xaviar's (1). Units are upscale with full bar and seating for about 150. Banquets and catering are offered. The check average is around $25-$50+ per person. All are located in NY.
J. GUMBO'S DOWN-HOME CAJUN COOKIN of Jeffersonville, IN has increased by 1 unit, from 6 to 7 (17% growth). These are fast casual cajun/creole restaurants with seating for around 40. The per person check average is around $5-$10. Catering is offered. Locations are franchised and are in KY.
CORNER TABLE RESTAURANTS of New York, NY (founded 2001) has increased by 1 unit, from 2 to 3 (50% growth). The company opened a new concept called The Smith (1) unit. Other concepts are Jane (1) and the Neptune Room (1). Locations tend to by upscale with full bar and seating for about 60. The per person check average is around $15 -$50+. All are located in NY.
Concepts with 20 units or less who grew by at least 2 units.
Tarzana, CA-based TOPZ HEALTHIER BURGER GRILL (founded 1998) has opened 2 units, from 11 to 13 (18% growth) and entered into NC. The restaurants are fast casual, with a $4-$10 per person check average. Meal periods are lunch and dinner. Seating is for about 50. Trading areas are CA, MI, NC, and TX. More than 90% of the stores are franchised.
VIRGINIA BBQ CO based in Fredericksburg, VA (founded 2000) has increased by 2 units, from 8 to 10 (25% growth) and expanded into DE. Units are family/casual with full bar and seating for about 125. They are open for lunch and dinner and the per person check average is around $6-$15. Catering is offered. Units are 90% franchised and are in DE and VA.
LARRY'S PIZZA based in Little Rock, AR (founded 1992) has increased by 2 units, from 6 to 8 (33% growth). These are pizza buffet locations with seating for around 100. The check average is around $4-$8 per person. Catering and gift certificates are offered. All are located in AR.
Concepts previously written about in the past 18 months.
Coralville, IA-based PANCHERO'S MEXICAN GRILL (founded 1992) opened 3 units, from 45 to 48 (7% growth) and entered into CT and ND. We previously featured this concept in our 11/7/06 newsletter (21% growth) and on 7/17/07 (13% growth). These fast casual Mexican restaurants are open for lunch and dinner, with a $6-$12 per person check average. Beer and wine is served. Seating is for about 80. Trading areas are CO, CT, FL, IA, IL, MI, MN, NC, ND, NE, PA, SD, TX, and WI. About 60% of units are franchised.
Costa Mesa, CA-based EL POLLO LOCO (founded 1975) has increased by 14 units, from 366 to 380 (4% growth) and entered into GA and MA. This concept was featured in our 2/20/07 newsletter (4% growth). The restaurants are quick serve Mexican units, with a $2-$6 per person check average. Locations are open for lunch and dinner. Seating is for around 60-70. Catering is available. Trading areas are AZ, CA, CO, CT, GA, IL, MA, NV, and TX. 60 percent of locations are franchised.
Clearwater, FL-based DAGWOOD'S SANDWICH SHOPPES (founded 2006) has increased by 4 units, from 9 to 13 (44% growth) and entered into GA. We previously featured this concept in our 10/2/07 newsletter (200% growth) and they were ranked as #1 on our January 2008 Top Ten Fastest Growing Restaurant Concepts list. These are quick serve sandwich shops, open for lunch and dinner, with a $3-$8 per person check average. Units have seating for about 50. Trading areas are AL, FL, GA, KY, LA, MO, and TX, with a South Bend, IN location to open in February '08. More than 90% of units are franchised.
Huntington Beach, CA-based BJ'S RESTAURANTS (NASDAQ: BJRI, founded 1978) has opened 5 locations, from 63 to 68 (8% growth). We wrote about this concept in our 9/4/07 newsletter (15% growth). Restaurants are family/casual, serving American cuisine. Per person check average is $10-$30, open for lunch and dinner. Seating is for about 300, with a full bar. Trading areas are AZ, CA, CO, FL, HI, NV, OH, OK, OR, and TX.
Contact
Keith Gellman
Restaurantchains.net
1 Bridge St, Unit 94
Irvington, NY 10533
914-591-4297
http://www.restaurantchains.net
keith@restaurantchains.net
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