Update from Restaurantchains.net on growing and emerging restaurant concepts
Growing Concepts that have grown by at least 5% (if less than 50 units).
Murraysville, PA-based FOX'S PIZZA DEN (founded 1971) has increased by 2 units, from 296 to 298 (1% growth). These are take-out/delivery pizzerias, open for lunch and dinner. Online ordering is available. Trading areas are AL, AR, AZ, CA, CO, CT, FL, GA, IL, KY, LA, MA, MD, MI, MO, MS, NC, NM, NV, NY, OH, PA, SC, SD, TN, TX, VA, WI, and WV. More than 90% of locations are franchised.
Chicago, IL-based BRAVO RESTAURANTS INC (founded 1978) has increased by 1 unit for the Gino's East concept, from 13 to 14 (8% concept growth). The company also operates Ed Debevic's (2), Mitchell's Soda Shop (2), and Edwardo's (9). Overall company increase was from 26 to 27 (4% company growth). Edwardo's and Gino's East are family/casual pizzerias, serving beer and wine, with a $6-$15+ per person check average. Seating is for about 100. Catering, delivery, online ordering, and private party services are available. Ed Debevic's is a family/casual American restaurant. Mitchell's Soda Shop is quick serve ice cream. Trading areas are IL, IN, and WI.
Whitefish, MT-based MACKENZIE RIVER PIZZA CO (founded 1993) has increased by 1 unit, from 12 to 13 (8% growth) and entered into ID. All other units are in MT. These are family/casual pizza restaurants, open for lunch and dinner. Per person check average is $6-$12. Locations have a full bar and seating for about 150. Catering, banquets, and delivery are available.
WEATHERVANE SEAFOOD based in Kittery, ME (founded 1969) has increased by 1 unit, from 14 to 15 (7% concept growth). These are upscale seafood restaurants with full bar and seating for about 250. The check average is around $10-$30 per person. Catering is offered. There is a second one unit concept called Original Shack. Overall company growth is from 15 to 16 (7% company growth). Locations are in MA, ME and NH.
ARIZONA STEAKHOUSE of Simpsonville, SC has increased by 1 unit for their Travinia Italian Kitchen concept, from 4 to 5 (25% concept growth). These are upscale Italian restaurants with full bar and seating for about 175. The check average is around $15-$30+ per person. Catering and banquets are offered. Other company concepts are Arizona Steakhouse (2) and Arizona's At Stonecrest (2). Overall company growth is from 8 to 9 (13% company growth). Locations are in GA and SC.
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Concepts with 20 units or less who grew by at least 2 units.
Sugar Land, TX-based BOUDREAUX'S CAJUN KITCHEN has increased by 3 units, from 4 to 7 (75% growth). The restaurants are fast casual, with a $6-$12 per person check average. Locations have a full bar and seating for about 250. Meal periods are lunch and dinner. Catering is available. All units are in TX. Franchise opportunities are now available.
Concepts previously written about in the past 18 months.
Calgary, AB-based EDO JAPAN (founded 1977) has increased by 4 units, from 87 to 91 (5% growth). These are fast casual Japanese restaurants, open for lunch and dinner. Per person check average is $6-$12, with seating for about 40 at most locations. Units are franchised and located in AB, BC, CA, FL, HI, ID, NM, ON, PQ, SK, UT, and WA. We wrote about this concept on 2/3/09 (5% growth).
Lake Forest, CA-based JOHNNY ROCKETS (founded 1986) has increased by 14 units, from 253 to 267 (6% growth). These are family/casual burger restaurants, open for lunch and dinner, with a $4-$10 per person check average. Average seating is for about 80-100. Beer and wine are served at some locations. Units are franchised and located in AL, AZ, CA, CO, CT, DC, FL, GA, IL, IN, KY, MA, MD, MI, MN, MO, NJ, NM, NV, NY, OH, ON, PA, RI, SC, TN, TX, VA, WA, Puerto Rico, and 9 other countries worldwide. We featured this concept on 10/7/08 (8% growth).
Brooklyn Center, MN-based CARIBOU COFFEE (NASDAQ: CBOU; founded 1992) has increased by 20 units, from 495 to 515 (4% growth). These quick serve coffee shops are open for breakfast, lunch and dinner hours, with a price of about $2-$6 per person. Most units have seating for about 20. Catering is available. Units are 20% franchised and located in the states of CO, DC, GA, IA, IL, KS, MD, MI, MN, MO, NC, ND, OH, PA, SD, VA, and WI. We wrote about this company on 12/30/08 (2% growth).
Missoula, MT-based HUHOT MONGOLIAN GRILL (founded 1999) has increased by 2 units, from 28 to 30 (7% growth). These are fast casual Asian restaurants, open for lunch and dinner. Per person check average is $6-$12. Beer and wine are served and seating is for about 150. Catering and online ordering are available. More than 70% of the units are franchised and are located in CO, FL, IA, KS, MI, MN, MO, MT, ND, NE, SD, TX, WA, and WI. We wrote about this concept on 12/11/07 (9% growth) and 4/8/08 (16% growth).
Contact
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Restaurantchains.net
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keith@restaurantchains.net
