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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 October 13, 2007 to February 13, 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 HERE TO SERVE RESTAURANT GROUP (founded 1993) has increased by 1 unit, adding a new concept called Lola Bellini Bar & Restaurant. This is an upscale Italian concept, with a $30-$50 per person check average. Other restaurant concepts for this group are Golfish, Noche, Posh, Prime, Shout, Strip, and Twist. Overall company increase was from 7 to 8 (14% growth). The other concepts are also upscale, all averaging about 250 seats. Meal periods are lunch and dinner, with a variety of different cuisine types. Catering and banquet facilities are available. All the restaurants are in GA.
Universal City, CA-based SADDLE RANCH CHOP HOUSE (founded 1999) has increased by 1 unit, from 3 to 4 (33% growth), entering into the state of AZ. Other locations are in CA and KS. These are family/casual restaurants, with full bar and seating for about 300. Per person check average is $8-$20. Meal periods are breakfast lunch and dinner. Private party facilities are available.
Greensboro, NC-based BISCUITVILLE (founded 1966) has increased by 2 units, from 48 to 50 (4% growth). The restaurants are quick serve, open for breakfast and lunch, with a $2-$6 per person check average. Seating is for about 50. Locations are in NC and VA.
The owners of WALK-ON'S BISTREAUX & BLUES BAR of Baton Rouge, LA (founded 1996) have added a new concept called Schlittz & Giggles. Overall company growth is from 3 to 4 (33% growth). The new concept is a pizza restaurant that serves beer. Other concepts are family/casual with full bar and seating for about 200. The per person check average is around $8-$20. Concepts are Happy's (1), Roux House (1), Walk-on's Bistreaux (1) and Schlittz & Giggles (1). All are located in LA.
GIO'S FABULOUS PIZZA & MARTINI BAR of Ellenton, FL has increased by 1 unit, from 3 to 4 (33% growth). These are upscale Pizza/Italian restaurants with full bar and seating for about 150. The per person check average is around $15-$30. All are located in FL.
CLEAN PLATE CLUB RESTAURANT GROUP based in Evanston, IL (founded 1985) has increased by 1 unit for their Pete Millers concept, from 2 to 3 (50% concept growth). These are upscale steakhouses with full bar and seating for about 200. Overall company growth is from 5 to 6 (20% growth). Other concepts are Davis St Fishmarket (2) and Merle's Bbq (1). All are located in IL.
Concepts with 20 units or less who grew by at least 2 units.
Portland, OR-based PASTINI PASTARIA has increased by 2 units, from 4 to 6 (50% growth). This is a family/casual Italian concept, open for lunch and dinner, with an $8-$20 per person check average. Seating is for about 100. Full bar service and catering are available. All units are in OR.
Aurora, CO-based JUAN'S MEXICALI (founded 2004) has increased by 2 units, from 6 to 8 (33% growth). These are fast casual Mexican restaurants, with a $6-$12 per person check average, serving beer and wine. Seating is for about 100. Meal periods are lunch and dinner. Trading areas are CA, DE, FL, GA, and TX, with new units opening in Coral Springs, FL and West Bend, WI, later this year. More than 90% of locations are franchised.
ORGANIC TO GO of Seattle, WA (founded 2004 - OTGO.OB) has increased by 10 units, from 16 to 26 (63% growth). These are fast casual cafes with seating for about 20-30. Breakfast and lunch are served. Catering (mostly corporate) and delivery are offered. Locations are in CA and WA.
VCG HOLDING CORP based in Lakewood, CO has increased by 4 units, from 15 to 19 (27% growth). The company opened 3 new concepts, Jaguar's (1 unit), Platinum Plus (2 units) and La Boheme (1 unit). These are typically mens clubs with full bar and a full menu. Square footage is up to 11,000+. Banquets are offered. Other concepts are Club Inferno (1), Diamond Cabaret (1), Penthouse (2), Pt's (8), Roxy's (1), Scheiks Palace Royale (1) and The Men's Club Of Raleigh (1). Locations are in CO, IL, IN, KY, MN and NC.
TANNER'S BAR & GRILL of Overland Park, KS (founded 1985) has increased by 2 units, from 9 to 11 (22% growth). Locations are family/casual with seating for about 200. Full bar, catering and banquets are offered. The check average is around $6-$15+ per person. Locations are 18% franchised and are in KS, MO and NE.
Concepts previously written about in the past 18 months.
Everett, WA-based GARLIC JIM'S FAMOUS GOURMET PIZZA (founded 2003) has increased by 3 units, from 46 to 49 (7% growth) and entered into FL and NJ. We've previously written about this concept on 2/20/07 (18% growth) and on 9/25/07 (18% growth). The concept also ranked # 6 on our July '07 Top Ten and # 8 on our October '07 Top Ten fastest growing concepts lists. These are take-out/delivery pizza restaurants, open for lunch and dinner. Beer and wine is available at select locations. More than 90% of units are franchised. Trading areas are AZ, CA, CO, FL, NJ, OR, PA, and WA, with stores opening in TN and TX later this year.
Irvine, CA-based JUICE IT UP (founded 1995) has increased by 7 units, from 140 to 147 (5% growth) and entered into GA. We've featured this concept 3 times before (11/15/06-19% growth, 3/20/07-4% growth, and 10/2/07-14% growth). These take-out juice/smoothie stores are open for breakfast lunch and dinner hours, with a $2-$6 per person check average. Trading areas are AZ, CA, FL, GA, NV, NY, TN, and TX. More than 90% of the stores are franchised.
Broomfield, CO-based NOODLES & CO (founded 1995) has increased by 15 units, from 156 to 171 (10% growth) and entered into the state of IA. We wrote about this company in our 1/16/07 issue (5% growth) and in 7/2/07 (14% growth). These fast casual restaurants serve a variety of noodle dishes, with a $6-$12 per person check average. Meal periods are lunch and dinner. Seating is for about 90. Beer and wine are served. Trading areas are CA, CO, IA, IL, IN, KS, MD, MI, MN, MO, NE, OH, OR, UT, VA, and WI.
RAISING CANE'S headquartered in Baton Rouge, LA (founded 1996) has increased by 13 units, from 61 to 74 (21% growth) and expanded into KY. These are quick serve chicken restaurants with seating for about 70. The check average is around $3-$8 per person. Catering is offered. Locations are 24% franchised and are in AL, CO, GA, KY, LA, MN, MS, NE, NV, OH, OK, TX and VA. We wrote about this concept in our 1/30/07 newsletter (27% growth) and our 10/2/07 newsletter (9% growth).
WAHOO'S FISH TACO based in Santa Ana, CA has increased by 3 units, from 47 to 50 (6% growth). These are fast casual Mexican/seafood restaurants with seating for around 80. Beer and wine are served. Catering and banquets are offered. The per person check average is around $4-$10. Locations are more than 25% franchised and are in CA, CO, HI and TX. We last wrote about this concept in our 5/15/07 newsletter (9% growth).
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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