Restaurant Trends - Growing And Emerging Concepts - Change and Activity December 17, 2013

2013-12-17
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  • Restaurantchains.net 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).

    Albany, NY-based DELMONICO'S ITALIAN STEAKHOUSE has increased by 1 unit, from 5 to 6 (20% growth).  The restaurants are upscale, open for dinner only.  Per person check average is $15-$50+ per person.  The restaurants have full bar service and seating for about 150.  Banquet rooms are available.  Trading areas are FL and NY.

    Tampa, FL-based FLEMING'S PRIME STEAKHOUSE (founded 1998) has increased by 1 unit, from 64 to 65 (2% growth).  This upscale steak and seafood concept is open for dinner, with a $15-$50+ per person check average.  The restaurants have full bar and seat about 250.  Private party facilities are available.  Trading areas are AL, AZ, CA, CO, CT, FL, GA, IA, IL, IN, LA, MA, MD, MI, MO, NC, NE, NJ, NV, OH, OK, PA, RI, TN, TX, UT, VA, and WI.  Fleming’s is a subsidiary of Bloomin Brands Inc.

    Whitehall, OH-based MASSEY'S PIZZA (founded 1949) has increased by 1 unit, from 10 to 11 (10% growth).  This fast casual pizzeria is open for lunch and dinner, with a $4-$12+ per person price range.  Beer and wine are served and seating is for about 70.  Catering and online ordering options are available.  Units are franchised and trade in OH and SC.

    LONG DOGGER'S based in Melbourne, FL (founded 1997) has increased by 1 unit for Long Doggers from 4 to 5 (25% concept growth).  These are family/casual restaurants with seating for around 50.  Meal periods are lunch and dinner.  Per person check average is around $4-$12+.  There is a second company concept called Meg O' Malley's (1 unit).  Overall company growth is from 5 to 6 (20% company growth).  All locations are in FL.

    MARIO'S ITALIAN CAFE of Bermuda Dunes, CA has increased by one unit, from 6 to 7 (17% growth).  These are family/casual Italian restaurants with full bar and seating for around 50.  Meal periods are lunch and dinner.  Per person check average is around $4-$12+.  Catering and banquet services are offered.  All locations are in CA.

    FAZOLI'S of Lexington, KY (founded 1988) has increased by 2 units, from 215 to 217 (1% growth).  These are fast casual Italian restaurants with seating for around 100.  Meal periods are lunch and dinner.  Per person check average is around $4-$12+.  Catering is available.  Locations are more than 50% franchised and are in AR, CA, CO, FL, GA, IA, IL, IN, KS, KY, MI, MN, MO, MS, NC, NE, NV, OH, OK, SC, TN, TX, UT, VA, WI and WV.

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    Emerging and Re-emerging Concepts

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

    Culver City, CA-based TENDER GREENS (founded 2006) has increased by 5 units, from 12 to 17 (42% growth).  This fast casual salad concept is open for lunch and dinner, with a $4-$12+ per person price range.  Beer and wine are served and seating is for about 60.  Catering and online ordering services are available.  All units are in CA.

    Repeat Growers

    Concepts previously written about in the past 18 months. 

    Salt Lake City, UT-based CAFE RIO (founded 1997) has increased by 4 units, from 59 to 63 (7% growth) and entered into WA.  This fast casual Mexican concept is open for lunch and dinner, with a $4-$12+ per person check average.  Units have seating for about 100 and offer catering and online ordering services.  Trading areas are AZ, CA, CO, ID, MD, MT, NV, UT, VA, WA, and WY.  We wrote about this company on 5/21/13 (28% growth).

    New York, NY-based COYOTE UGLY SALOON (founded 1993) has increased by 3 units, from 20 to 23 (15% growth).  The bars are casual, serving American bar food.  Per person price range is $8-$20+.  Seating is for around 200.  Trading areas are CO, FL, LA, NV, NY, OK, TN, TX, and WI.  We last wrote about this concept on 10/9/12 (25% growth).  

    HIGHWAY 55 BURGERS SHAKES AND FRIES based in Mount Olive, NC (founded 1991) has increased by 7 units, from 100 to 107 (7% growth) and expanded into FL and OH.  These are family/casual burger restaurants with seating for around 70.  Meal periods are lunch and dinner.  Per person check average is around $6-$15+.  Locations are in FL, NC, OH, SC and VA.  We last featured this concept on 10/2/12 (1% growth).




    Contact
    Keith Gellman
    Restaurantchains.net
    1 Bridge St, Unit 94
    Irvington, NY 10533
    914-591-4297

    http://www.restaurantchains.net
    keith@restaurantchains.net


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