Update from Restaurantchains.net on growing and emerging restaurant concepts
Growing Concepts that have grown by at least 5% (if less than 50 units).
Dallas, TX-based MOVIE TAVERN (founded 2001) has increased by 1 unit, from 13 to 14 (8% growth). These are family/casual bar and grill restaurants located within movie theaters. Locations have a full bar and average about 11,000 square feet. Private party services are available. Trading areas are CO, GA, KY, OH, TX, and VA.
AL-BASHA GREEK & LEBANESE RESTAURANT based in Baton Rouge, LA has increased by 1 unit, from 6 to 7 (17% growth). These are family/casual Greek restaurants with full bar and seating for around 100. Per person check average is around $6-$15+. Meal periods are lunch and dinner. Catering is offered. All locations are in LA.
ROCKN' JOE COFFEEHOUSE & BISTRO of Cranford, NJ (founded 1993) has increased by 1 unit, from 7 to 8 (14% growth) and expanded into PA. These are family/casual restaurants with seating for around 40. Per person check average is around $3-$8. Meal periods are breakfast, lunch and dinner. Locations are more than 80% franchised and are in FL, NJ and PA.
Fairfield, OH-based SKYLINE CHILI (founded 1949) has increased by 1 unit, from 136 to 137 (1% growth). These are family/casual restaurants, open for lunch and dinner, with seating for about 100. Per person check average is $6-$10. Locations are franchised and trade in the states of FL, IN, KY, and OH.
GREAT AMERICAN DINING based in Ashland, NH (founded 1971) has increased by 1 unit, from 17 to 18 (6% growth) adding a new concept called The 104 Diner. Other company concepts are Airport Diner (1), Camp (1), Common Man (8), Foster's Boiler Room (1), Italian Farmhouse (1), Lago (1), Lakehouse (1), Rise & Shine Café (1), Tilt N Diner (1), and Town Docks (1). These are family/casual restaurants with full bar and seating for around 150. Meal periods are breakfast, lunch and dinner. Check average range is from $4-$20+ per person. Catering and banquets are offered. All locations are in NH.
Concepts with 20 units or less who grew by at least 2 units.
Vancouver, BC-based FLYING WEDGE PIZZA CO (founded 1989) has increased by 3 units, from 16 to 19 (19% growth). These are take-out/delivery pizzerias, open for lunch and dinner. Units have limited seating. Online ordering is available. Stores are franchised and all are located in BC.
Concepts previously written about in the past 18 months.
Dallas, TX-based RED MANGO (founded 2002) has increased by 4 units, from 55 to 59 (7% growth) and entered into MA, MN, OH, and WI. These quick serve frozen yogurt shops are open for lunch and dinner hours, with a $3-$8 per person price range. Most units have seating for 10-20. More than 90% of stores are franchised. Trading areas are AZ, CA, HI, IL, IN, MA, MN, NJ, NV, NY, OH, TX, UT, WA, and WI. We’ve featured this company on 10/7/08 (56% growth), 1/20/09 (13% growth) and on 9/8/09 (20% growth). Red Mango also appeared on our Top Ten Fastest Growing Concepts list 4 times (April ’08-#1, July ’08-#1, January ’09-#2, and April ’09-#8).
IL MULINO based in New York, NY (founded 1981) has increased by 1 unit, from 12 to 13 (8% growth) and expanded into CO. These are upscale Italian restaurants with full bar and seating for around 80. Units are open for dinner and the check average is around $15-$50+ per person. Banquets are offered. Locations are in CO, DC, FL, GA, IL, NJ, NV and NY. We reported on this concept on 4/7/09 when they had 9% growth.
SALVATORE'S OLD FASHIONED PIZZERIA based in Rochester, NY (founded 1978) has increased by 1 unit, from 18 to 19 (5% growth). These are quick serve Italian and pizza restaurants with seating for around 30. Lunch and dinner are served. Drive thru and catering are offered. Per person check average is around $3-$8. All locations are in NY. We last reported on this concept on 9/22/09 when they had 6% growth.
Vancouver, WA-based PAPA MURPHY'S TAKE-N-BAKE PIZZA (founded 1981) has increased by 18 units, from 1159 to 1177 (2% growth). These take-out pizzerias are open for lunch and dinner. Online ordering is available. Stores are franchised and located in AB, AK, AL, AR, AZ, BA, CA, CO, IA, ID, IL, IN, KS, KY, LA, MI, MN, MO, MT, ND, NE, NM, NV, OH, OK, OR, SD, TN, TX, UT, WA, WI, and WY. We wrote about this company on 1/20/09 (4% growth).
ZAXBY'S headquartered in Athens, GA (founded 1990) has increased by 17 units, from 479 to 496 (4% growth). These are family/casual restaurants with seating for around 90. Lunch and dinner are served. Per person check average is around $6-$12. Drive-thru and catering are available. All locations are franchised and are in AL, AR, FL, GA, KY, MS, NC, SC, TN, TX and VA. We wrote about this concept on 10/21/08 (5% growth), 3/24/09 (4% growth) and 9/1/09 (3% growth).
New York, NY-based LENNY'S CAFÉ (founded 1989) has increased by 1 unit, from 12 to 13 (8% growth). These quick serve sandwich shops are open for breakfast, lunch and dinner, with a $3-$8 per person check average. Average unit has seating for about 30. Catering, delivery and online ordering are available. All units are in NY. We featured this concept on 11/18/08 (10% growth) and on 8/18/09 (9% growth).
EDDIE V'S RESTAURANTS INC headquartered in Scottsdale, AZ has increased by 1 unit for the Eddie V's concept, from 4 to 5 (25% concept growth). These are upscale steak and seafood restaurants with full bar and seating for around 250. Per person check average is around $15-$50+. Banquets are offered. Overall company growth is from 11 to 12 (9% company growth). Other concepts are Roaring Fork (4) and Wildfish Seafood Grille (3). Locations are in AZ, CA and TX. We last reported on this concept on 4/14/09 (22% company 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.