Update from Restaurantchains.net on growing and emerging restaurant concepts
Growing Concepts that have grown by at least 5% (if less than 50 units).
Maynard, MA-based 5 & DINER (founded 1987) has increased by 1 unit, from 14 to 15 (7% growth) and entered into TX. These are family/casual restaurants, open for breakfast, lunch and dinner, with a $6-$12 per person check average. Seating is for about 100. Beer and wine are served. Trading areas are AZ, FL, IA, MA, MO, OK, and TX. Catering is available. All locations are franchised.
San Diego, CA-based JACK IN THE BOX (NASDAQ:JACK; founded 1951) has increased by 24 units, from 2175 to 2199 (1% growth). These are quick serve burger restaurants, open for breakfast, lunch and dinner. Per person check is about $3-$8. Catering is available. Seating is for about 90. Trading areas are AK, AL, AR, AZ, CA, CO, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, MI, MN, MO, MS, MT, NC, ND, NE, NJ, NM, NV, NY, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, WA, WI, WV, and WY. Thirty-eight percent of the stores are franchised.
BARCELONA RESTAURANT & WINE BAR based in Norwalk, CT (founded 1995) has increased by 1 unit, from 5 to 6 (20% growth). These are upscale restaurants with seating for about 150. Beer and wine are served. The check average is around $10-$30 per person. Catering and banquets are offered. All locations are in CT.
K & N MANAGEMENT of Austin, TX (founded 1989) has increased by 1 unit for their Mighty Fine Burgers Fries Shakes concept, from 2 to 3 (50% concept growth). These are quick serve restaurants with seating for about 30. There is a second 4 unit family/casual concept called Rudy's Country Store BBQ. Overall company growth is from 6 to 7 (17% company growth). All locations are in TX.
Hartford, CT-based HARTFORD RESTAURANT GROUP (founded 2002) has increased by 1 unit, from 7 to 8 (14% company growth), adding a new concept called TD Homer's Sports Grill. Other concepts are Agave Grill (1), Vaughn's Public House (1) and Wood N Tap (5). The restaurants are family/casual bar and grill restaurants, serving American cuisine (Agave is Mexican). Meal periods are lunch and dinner, with a per person check average of about $10-$30. Average unit seating is for about 150-200. Catering and private party facilities are available. All the restaurants are in CT.
LA FOGATA of Mauldin, SC has increased by 1 unit, from 16 to 17 (6% growth). These are family/casual Mexican restaurants with full bar and seating for about 100. The check average is around $4-$10 per person. Locations are in NC and SC.
PEET'S COFFEE & TEA of Emeryville, CA (founded 1966) has increased by 5 units, from 187 to 192 (3% growth). These are take-out coffee houses. The check average is around $2-$6 per person. Locations are in CA, CO, ID, IL, MA, NY, OH, OR, TX and WA.
Concepts with 20 units or less who grew by at least 2 units.
Little Rock, AR-based US PIZZA CO (founded 1972) has increased by 2 units, from 7 to 9 (29% growth). These quick serve pizzerias are open for lunch and dinner. Per person price range is from $4-$10. Locations serve beer and wine, with seating for about 80. Online ordering and delivery are available. All units are in AR.
Plano, TX-based MOOYAH BURGERS & FRIES (founded 2005) has increased by 6 units, from 6 to 12 (100% growth). This is a fast casual burger concept, open for lunch and dinner. Per person check average is $3-$8, with seating for about 60. Catering and online ordering are available. Locations are franchised and all are located in TX.
Concepts previously written about in the past 18 months.
Atlanta, GA-based MOE'S SOUTHWEST GRILL (founded 2000) has increased by 8 units, from 394 to 402 (2% growth). These are fast casual Mexican restaurants, open for lunch and dinner, with a $6-$10 per person check average. Beer and wine are available. Seating is for about 90. Catering and online ordering services are offered. All locations are franchised and located in AL, AR, AZ, CO, CT, DC, DE, FL, GA, HI, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, ND, NJ, NV, NY, OH, OK, ON, OR, PA, SC, TN, TX, VA, VT, and WI. We previously featured this concept on 3/18/08 (2% growth). Moe's is a subsidiary of Atlanta, GA-based Focus Brands.
Los Angeles, CA-based INTERNATIONAL COFFEE & TEA CO (founded 1963) has increased by 23 units, from 705 to 728 (3% growth) and entered into TX. These are quick serve coffee shops, open for breakfast, lunch and dinner hours, with a $2-$6 per person price range. Seating is for about 20 at most units. Online ordering is available. Sixty-two percent of the stores are franchised. Trading areas are AZ, CA, HI, NV, TX, Asia, the Middle East, and Mexico. We featured this concept on 8/12/08 (13% growth), 11/25/08 (3% growth) and on 3/24/09 (5% growth).
CALIFORNIA TORTILLA headquartered in Rockville, MD (founded 1995) has increased by 3 units, from 36 to 39 (8% growth). These are fast casual Mexican restaurants serving beer and wine. Seating is for about 60. The check average is around $4-$10. Locations are more than 80% franchised and are in DC, DE, MD, PA, VA and WV. We reported on this concept on 3/25/08 when they had 27% growth.
Dallas, TX-based PIZZA PATRON (founded 1986) has increased by 4 units, from 84 to 88 (5% growth). These take-out pizzerias are open for lunch and dinner hours. Drive thru service is available. Trading areas are AZ, CA, CO, FL, NV, and TX. More than 90% of units are franchised. We wrote about this company on 4/1/08 (10% growth) and on 7/29/08 (8% growth).
Lake Forest, CA-based DEL TACO (founded 1964) has increased by 12 units, from 507 to 519 (2% growth) and entered into FL and SC. These are quick serve Mexican restaurants, open for lunch and dinner. Per person check average is $3-$8. Seating is for about 80. More than half the units are franchised and located in the states of AZ, CA, CO, ID, IL, IN, MI, MO, MT, NM, NV, OH, OR, UT, and WA. We featured this concept on 7/29/08 (6% growth). Del Taco is a subsidiary of Nashville, TN-based Sagittarius Brands.
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