Update from Restaurantchains.net on growing and emerging restaurant concepts
Growing Concepts that have grown by at least 5% (if less than 50 units).
Fort Collins, CO-based SILVER MINE SUBS (founded 1996) has increased by 4 units, from 19 to 23 (21% growth). These quick serve sandwich shops are open for lunch and dinner, with a $2-$6 per person price range. Units have seating for about 30. Catering and delivery are available. Units are franchised and located in AZ, CO, FL, IL, WI, and WY.
SUSHI ZUSHI based in San Antonio, TX has increased by 2 units, from 5 to 7 (40% growth). These are upscale Japanese restaurants with full bar and seating for around 150. Delivery, catering and banquets are offered. Per person check average is around $10-$30. All locations are in TX.
FORZA COFFEE COMPANY of Tacoma, WA (founded 2005) has increased by 4 units, from 19 to 23 (21% growth). These are quick serve coffeehouses open for breakfast lunch and dinner. Seating is for around 30. Beer and wine are offered. Drive-thru and catering are available. Per person check average is around $3-$8. Locations are franchised and are in WA.
Concepts with 20 units or less who grew by at least 2 units
Centennial, CO-based GARBANZO MEDITERRANEAN GRILL (founded 2007) has increased by 3 units, from 5 to 8 (60% growth). These fast casual restaurants are open for lunch and dinner, with a $4-$10 per person check average. Seating is for about 40. Catering is available. Locations are franchised and all are in CO. Davis, CA-based STEVE'S PIZZA (founded 1978) has increased by 2 units, from 8 to 10 (25% growth). These are family/casual restaurants, serving Italian/pizza cuisine. Meal periods are lunch and dinner. Per person check average is $6-$12. Beer and wine are served. Seating is for about 150, including catering and private party facilities. All units are in CA.
Concepts previously written about in the past 18 months.
Sterling Heights, MI-based JET'S PIZZA (founded 1978) has increased by 11 units, from 175 to 186 (6% growth) and entered into IN. These take-out/delivery pizza shops are open for lunch and dinner. Online ordering is available. Locations are franchised and located in FL, GA, IL, IN, KY, MI, MN, NC, OH, TN, and TX. We featured this concept 3 times in the past 18 months (2/10/09-4% growth, 6/16/09-3% growth, and 10/13/09-4% growth). TIJUANA FLATS BURRITO COMPANY of Maitland, FL (founded 1995) has increased by 2 units, from 70 to 72 (3% growth). These are fast casual Mexican restaurants with seating for around 80. Beer and wine are served. Catering is offered. Per person check average is around $4-$10. Locations are 31% franchised and are in FL, IN, NC, PA and VA. We reported on this concept on 12/1/09 (4% growth). SPECIALTY'S CAFE & BAKERY headquartered in San Francisco, CA (founded 1988) has increased by 2 units, from 26 to 28 (8% growth). These are fast casual bakery cafés with seating for around 70. Breakfast, lunch and dinner are served. Catering and delivery are offered. Per person check average is around $3-$8. Locations are in CA, IL and WA. We reported on this concept on 1/20/09 (5% growth), 6/6/09 (9% growth) and 11/24/09 (8% growth).
BD'S MONGOLIAN BBQ based in Burnsville, MN has increased by 1 unit, from 35 to 36 (3% growth). These are fast casual Asian BBQ restaurants with full bar and seating for around 225. Meal periods are lunch and dinner with catering offered. Per person check average is around $8-$20. Locations are 67% franchised and are in CO, FL, IL, IN, KS, KY, MD, MI, MN, MO, OH, VA and WI. We last reported on this concept on 2/17/09 when they had 3% growth. This concept is a subsidiary of the Duke and King Acquisition Corporation.
Mclean, VA-based VAPIANO (founded 2002) has increased by 22 units, from 47 to 69 (47% growth). These are fast casual Italian restaurants, open for lunch and dinner. Per person check average is $10-$30. Locations have a full bar and seating for about 150. The restaurants are franchised and located in DC, FL, TX, VA, Europe, and the Middle East. We previously featured this concept on 1/27/09 (5% growth) and on 5/26/09 (15% growth). THE COUNTER of Culver City, CA (founded 2003) has increased by 2 units, from 22 to 24 (9% growth). These are family/casual burger restaurants with full bar and seating for around 100. Per person check average is around $6-$15+. Lunch and dinner are served. Locations are more than 80% franchised and are in CA, CO, CT, GA, HI, IL, NC, VA and WA. There are plans to open six new locations in CA, FL, TX and Saudi Arabia during the summer of 2010. We previously featured this concept on 2/17/09 (29% growth), 7/21/09 (11% growth) and 12/22/09 (10% 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.