Update from Restaurantchains.net on growing and emerging restaurant concepts
Growing Concepts that have grown by at least 5% (if less than 50 units).
Indianapolis, IN-based STEAK N SHAKE (founded 1934) has increased by 4 units, from 490 to 494 (1% growth). These quick serve burger restaurants are open for breakfast, lunch and dinner hours, with a $3-$8 per person check average. Seating is for about 70. Trading areas are AL, AR, FL, GA, IA, IL, IN, KS, KY, MI, MO, MS, NC, OH, OK, PA, SC, TN, TX, WI, and WV. Between 10% and 20% of the units are franchised.
North Carolina-based RUDINO'S PIZZA & GRINDERS (founded 1995) has increased by 1 unit, from 19 to 20 (5% growth) and entered into MI. The restaurants are family/casual, open for lunch and dinner, with a $4-$10 per person check average. Beer and wine are served and seating is for about 80. Catering is available. Stores are licensed and located in the states of MI, NC, TN, TX, and VA.
Signal Hill, CA-based HOF'S HUT RESTAURANT & BAKERY (founded 1951) has increased by 1 unit for their Lucille's BBQ concept, from 12 to 13 (8% concept growth). The company also operates 7 Hof's Hut locations. Overall growth was from 19 to 20 (5% company growth). Both concepts are family/casual, with an $8-$20 per person check average. Meal periods for Hof's are breakfast, lunch and dinner, serving American cuisine. Lucille's are open for lunch and dinner, serving bbq. All restaurants have a full bar. Average seating is for about 250. Lucille's also offers catering and online ordering. Trading areas are AZ, CA, and NV.
EL FENIX RESTAURANT based in Dallas, TX (founded 1918) has increased by 1 unit, from 15 to 16 (7% growth). These are family/casual Mexican restaurants with full bar and seating for about 200. Catering and banquets are offered. The check average is around $8-$20 per person. All locations are in TX.
BREAD GARDEN based in Vancouver, BC (founded 1979) has increased by 1 unit, from 11 to 12 (9% growth). These are fast casual bakery cafes with seating for about 70. The per person check average is around $4-$10. Locations are open for breakfast, lunch and dinner. Catering is offered. All locations are in BC.
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Concepts with 20 units or less who grew by at least 2 units.
Tulsa, OK-based BEAUTIFUL BRANDS has increased by 4 units for their Freshberry Concept (founded 2008), from 1 to 5 (400% growth), entering into the states of AZ, TX and SC. Other units are in OK. These are quick serve frozen yogurt shops, open for lunch and dinner hours. Per person price is about $3-$6. Seating is for about 10-15. All locations are franchised. Beautiful brands also operates Camille's Sidewalk Café (71), Coney Beach (1), Crusty Croissant (1), and Greenz (3).
Concepts previously written about in the past 18 months.
Addison, TX-based NEIGHBORHOOD VENTURES INC (founded 1995) has increased by 2 units for Fish City Grill, from 25 to 27 (8% concept growth). The company also operates Half Shells Oyster Bar (1) and Half Shells Seafood Grill (1). Overall company increase was from 27 to 29 (7% company growth). These family/casual seafood restaurants are open for lunch and dinner, with a $10-$30 per person check average. Locations have a full bar and seating for about 80-100. Catering is available. More than half of the units are franchised and located in the states of AR, CO, FL, LA, OK, and TX. We featured this concept 3 times in the last 18 months (1/8/08-43% growth, 4/29/08-15% growth, and 12/23/08-13% growth). The Fish City Grill concept also made our Top Ten Fastest Growing Concepts list on as #4 (January '07) and #6 (April '08).
Sharon, PA-based QUAKER STEAK & LUBE (founded 1974) has increased by 2 units, from 30 to 32 (7% growth). These are family/casual restaurants serving American cuisine. Meal periods are lunch and dinner, with an $8-$20 per person check average. Locations have a full bar and seating for about 350. Catering, banquets and online ordering are available. Trading areas are FL, GA, IA, IN, NC, NY, OH, PA, SC, TN, WI, and WV, with new openings planned in VA and ON later this year. More than 90% of units are franchised. We featured this concept on 5/13/08 (12% growth) and on 1/27/09 (11% growth).
Mclean, VA-based VAPIANO (founded 2002) has increased by 6 units, from 40 to 46 (15% growth) and entered into TX. These fast casual Italian restaurants are open for lunch and dinner, with a $10-$30 per person check average. Units have a full bar and seating for about 150. About 80% of the locations are franchised. Trading areas are DC, FL, TX, and VA, with most locations in Europe. We featured this concept on 8/19/08 (12% growth) and on 1/27/09 (5% growth). The company also ranked at #8 on our October 2008 Top Ten Fastest Growing Concepts list.
Manasquan, NJ-based JERSEY MIKE'S GIANT SUBS (founded 1956) has increased by 11 units, from 371 to 382 (3% growth) and entered into IL. The quick serve sandwich shops are open for lunch and dinner, with a $3-$8 per person check average. Seating is for about 20. Catering and online ordering are available. Trading areas are AL, AZ, CA, CO, CT, FL, GA, IL, IN, KS, KY, MA, MN, MO, NC, NJ, NV, OH, OK, PA, RI, SC, TN, TX, VA, WA, and WV. More than 90% of the stores are franchised. We wrote about this chain on 5/13/08 (2% growth), 9/30/08 (3% growth) and 2/3/09 (5% growth).
FAMOUS FAMIGLIA headquartered in White Plains, NY (founded 1986) has increased by 5 units, from 109 to 114 (5% growth) and expanded into CT, MD and WI. These are quick serve pizza restaurants with seating for about 50. The check average is around $4-$10. Locations are franchised and are in AK, AZ, CT, DC, FL, GA, HI, IA, KY, MA, MD, MI, MN, MO, NJ, NV, NY, OH, PA, RI, TN, TX, VA and WI. We reported on this concept on 5/13/08 (44% growth), 8/26/08 (6% growth) and 1/13/09 (16% growth).
ALEHOUSE RESTAURANTS of Jupiter, FL (founded 1988) has increased by 2 units, from 46 to 48 (4% growth). These are family/casual American restaurants with full bar and seating for about 300. The check average is around $8-$20 per person. Catering is offered. Locations are in FL, GA, IL, NY and PA. We wrote about this concept on 6/3/08 (10% growth) and on 9/30/08 (5% growth).
AMATO'S SANDWICH SHOP based in Portland, ME (founded 1902) has increased by 3 units, from 33 to 36 (9% growth). These are fast casual restaurants with seating for around 40. Beer and wine are served. The per person check average is around $3-$8. Catering is offered. Locations are in ME, NH and VT. More than 40% are franchised. We last reported on this concept on 9/30/08 (10% growth).
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