Update from Restaurantchains.net on growing and emerging restaurant concepts
Growing Concepts that have grown by at least 5% (if less than 50 units).
Emeryville, CA-based JAMBA JUICE (NASDAQ: JMBA; founded 1990) has increased by 7 units, from 727 to 734 (1% growth). These are quick serve juice/smoothie shops, open for breakfast, lunch and dinner hours. Per person price range is $3-$6. Seating is limited. Catering is available. Trading areas are AZ, CA, CO, FL, HI, ID, IL, IN, MA, MN, NC, NJ, NV, NY, OK, OR, PA, TX, UT, WA, WI, and the Bahamas, with 33% of stores franchised.
Jacksonville, FL-based WOODY'S BBQ (founded 1980) has increased by 1 unit, from 30 to 31 (3% growth) and entered into NC. These are family/casual BBQ restaurants, open for lunch and dinner. Per person check average is $6-$12. Beer and wine are served and seating is for about 100. Catering service is available. Trading areas are FL, NC, and TN. Between 70% and 80% of the units are franchised.
GOLD STAR CHILI based in Cincinnati, OH (founded 1965) has increased by 3 units, from 95 to 98 (3% growth). These are quick serve restaurants with seating for about 50. Locations are open for breakfast, lunch and dinner. The check average is around $3-$8 per person. Locations are more than 90% franchised and are in IN, KY AND OH.
OPAH RESTAURANT & BAR based in Aliso Viejo, CA has increased by 1 unit, from 3 to 4 (33% growth) adding a new concept called Watermarc. Other concepts are 230 Forest Avenue (1) and Opah Restaurant & Bar (2). These are upscale restaurants with full bar and seating for about 250. The check average is around $15-$30+ per person. Banquets are offered. All locations are in CA.
HARVEST RESTAURANTS of Berkeley Heights, NJ (founded 1996) has increased by 1 unit, from 6 to 7 (17% growth) adding a new Italian restaurant concept called Grato. Other company concepts are 3 West (1), Ciao Restaurant (1), Huntley Taverne (1), Roots Steakhouse (1), Tabor Road Tavern (1) and Trap Rock (1). These tend to be upscale restaurants with full bar and seating for about 150. The check average is around $15-$30+ per person. Banquets are offered. All locations are in NJ.
Concepts with 20 units or less who grew by at least 2 units.
North Vancouver, BC-based BEAN AROUND THE WORLD/COWBOY COFFEES (founded 1990) has increased by 2 units, from 20 to 22 (10% growth). These quick serve coffeehouse/cafes are open for breakfast, lunch and dinner, with a $2-$6 per person check average. Units have seating for about 10-20. All are located in BC.
PIZZA RITA based in Spokane, WA has increased by 2 units, from 5 to 7 (40% growth). These are mostly take-out pizza restaurants with limited seating. Lunch and dinner are served. Beer and wine are offered. All locations are in WA.
JUST SALAD based in New York, NY (founded 2006) has increased by 2 units, from 5 to 7 (40% growth). These are fast casual salad restaurants with seating for about 50. The check average is around $4-$10 per person. Catering is offered. All locations are in NY.
Concepts previously written about in the past 18 months.
Calgary, AB-based JUGO JUICE (founded 1998) has increased by 10 units, from 88 to 98 (11% growth). These quick serve juice/smoothie cafes are open for breakfast, lunch and dinner hours, with a $3-$6 per person check average. Seating is for 10-20. Trading areas are AB, BC, MB, NB, NS, NV, ON, PQ, and SC. All units are franchised. We previously featured this concept on 10/14/08 (2% growth).
WHISKEY CREEK WOOD FIRE GRILL based in Kearney, NE (founded 1995) has increased by 1 unit, from 17 to 18 (6% growth) and expanded into IN. These are family/casual steakhouses with full bar and seating for about 200. The per person check average is around $10-$30. Catering and banquets are offered. Trading areas are AR, FL, IA, IN, KS, MN, MO, NE and SD. We last reported on this concept on 5/27/08 when they had 21% growth.
San Francisco, CA-based EXTREME PIZZA (founded 1994) has increased by 2 units, from 38 to 40 (5% growth). These are quick serve pizzerias, open for lunch and dinner, with a $4-$8 per person check average. Beer and wine are served. Average seating is for about 40. Catering, delivery and online ordering are available. Locations are in CA, CO, FL, OR, TX, VA, WA, and Ireland. About 90% of units are franchised. We last featured this concept on 11/18/08 (3% growth).
TOKYO JOE'S of Englewood, CO (founded 1996) has increased by 1 unit, from 18 to 19 (6% growth). These are fast casual Japanese restaurants with seating for about 125. Lunch and dinner are served and beer is offered. The per person check average is around $6-$12. Catering is available. All locations are in CO. We wrote about this concept on 3/31/09 (6% growth).
Omaha, NE-based GODFATHER'S PIZZA (founded 1973) has increased by 8 units, from 647 to 655 (1% growth). These are quick serve pizzerias, open for lunch and dinner. Some locations serve beer and wine, with seating for about 50. Per person check average is $3-$8. Catering, delivery and online ordering are available. Locations are franchised and in the states of AK, AL, AR, AZ, CA, CO, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MI, MN, MO, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, WA, WI, WV, and WY. We featured this company on 4/21/09 (2% growth).
Contact
Keith Gellman
Restaurantchains.net
1 Bridge St, Unit 94
Irvington, NY 10533
914-591-4297
http://www.restaurantchains.net
keith@restaurantchains.net
Logos, product and company names mentioned are the property of their respective owners.