Restaurant Trends

Restaurant Trends - Growing And Emerging Concepts - Change and Activity February 7, 2017

- Update from Restaurantchains.net on growing and emerging restaurant concepts

Growing Concepts of Multi Unit Operators 

Concepts that have grown by at least 5% (if less than 50 units). 

Toronto, ON-based THE BAGEL STOP (founded 1987) has increased by 1 unit, from 21 to 22 (5% growth). These quick serve bakery/cafes are open for breakfast, lunch and dinner, with a $4-$12+ per person price range. Seating is for about 20 and catering is available. Trading areas are BC and ON.

Los Angeles, CA-based MI LINDO NAYARIT (founded 2003) has increased by 1 unit, from 2 to 3 (50% growth). These family style Mexican restaurants are open for lunch and dinner, with a $6-$15+ per person check average. Beer and wine are served and seating is for about 40. All the restaurants are located in CA.

Guelph, ON-based THE NEIGHBOURHOOD GROUP (founded 1992) has added a new concept, Miijidaa Café + Bistro, for an overall company increase from 3 to 4 (33% growth). Other company concepts include: The Woolwich Arrow Pub (1) and Borealis Grille & Bar (2). These family style American restaurants are open for lunch and dinner, with an $8-$20+ per person check average. Full bar service is offered and seating is for about 80. All the restaurants trade in ON.

Tacoma, WA-based RAM INTERNATIONAL (founded 1971) has increased by 2 units for the Ram Restaurant concept, from 21 to 23 (10% concept growth) and by 2 units for the Cb & Potts concept, from 7 to 9 (29% concept growth) for an overall company increase from 29 to 33 (14% growth). The company also operates C. I. Shenanigan's (1). These family style American restaurants are open for lunch and dinner, with a $10-$30+ per person check average. Restaurants have full bar and seating for about 300. Catering and banquet services are available. Trading areas are CO, ID, IL, IN, OR and WA.

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Emerging and Re-emerging Concepts

Concepts with 20 units or less who grew by at least 2 units.

New York, NY-based MARCUS SAMUELSON GROUP has added 3 new concepts called Eatery Social Taqueria, Streetbird and Marcus' Bermuda for an overall company increase from 7 to 10 (43% growth). Other company concepts include: American Table At Lincoln Center (1), American Table Brasserie (1), Ginny's Supper Club (1), Kitchen Table (1), Marc Burger At Macy's Chicago (1), Norda Bar & Grill (1) and Red Rooster (1). These upscale restaurants serve multiple cuisine types and are open for lunch and dinner. Per person check average is $15-$50+, with full bar service and seating is for about 100. Trading areas are IL and NY.

San Francisco, CA-based MIXT GREENS (founded 2005) has increased by 1 unit for the Split Bread concept, from 2 to 3 (50% concept growth) and by 1 unit for the Mixt Greens concept, from 8 to 9 (13% concept growth) for an overall company increase from 10 to 12 (20% company growth). These fast/casual sandwich restaurants are open for lunch and dinner, with an $8-$20+ per person check average. Beer and wine service is offered and seating is for about 40. Catering is available. All locations are in CA.

New York, NY-based MYRIAD RESTAURANT GROUP (founded 1985) has added 2 new concepts, Nobu London and Daily Burger, for an overall company increase from 6 to 8 (33% growth). Other company concepts include: Porsche Grill (1), Batard (1), Nobu Fifty Seven (1), Nobu New York (1), Nobu Next Door (1) and Tribeca Grill (1). The restaurants are upscale, offering multiple types of cuisines. Meal periods are lunch and dinner, with a $15-$50+ per person check average. The restaurants have full bar service and seating for about 175. Catering service is available. The restaurants are all in NY.

Sacramento, CA-based ZOCALO (founded 2004) has increased by 2 units for the Zolcalo concept, from 1 to 3 (33% concept growth) for an overall company increase from 2 to 4 (100% company growth). The company also operates Ernesto's (1). These upscale Mexican restaurants are open for lunch and dinner, with a $15-$50+ per person check average. Locations have full bar and seating for about 200. Catering is available. The restaurants are located in CA.

Repeat Growers

Concepts previously written about in the past 18 months. 

Atlanta, GA-based METROTAINMENT CAFES (founded 1991) has added a new concept called Hudson FC Other company concepts include: Cowtippers Steaks & Spirits (1), Einstein's (1), Guaco Joe's (1), Hudson Grill (7), Joe's On Jupiter (1), Metrotainment Bakery (1) and Sugar Shack (1). Overall company increase was from 13 to 14 (8% growth). These family style American cuisine restaurants are open for lunch and dinner, with a $10-$30+ per person check average. Full bar service is available and seating is for about 250. Catering is also available. All the restaurants are in GA. We last featured this company on 9/1/15 (18% growth).

Roseville, CA-based THE BEACH HUT DELI has increased by 4 units, from 37 to 41 (11% growth) and entered into OR. These fast/casual sandwich restaurants are open for lunch and dinner, with a $6-$15+ per person price range. Beer and wine are served and seating is for about 60. Catering is available. Locations are in CA, NV and OR. We featured this concept on 8/11/15 (3% growth).

 

Contact
Keith Gellman
Restaurantchains.net
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Irvington, NY 10533
914-591-4297
http://www.restaurantchains.net
keith@restaurantchains.net

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