Restaurant Trends - Growing And Emerging Concepts - Change and Activity March 11, 2014
- March, 11 2014
Growing Concepts of Multi Unit Operators
Concepts that have grown by at least 5% (if less than 50 units).
Fayetteville, GA-based JOHNNY BRUSCO'S NY STYLE PIZZA(founded 1977) has increased by 1 unit, from 68 to 69 (1% growth). This fast casual pizzeria concept is open for lunch and dinner, with a $4-$12+ per person check average. Locations serve beer and wine and seat around 90. Catering and delivery services are available. All locations are franchised and trade in AL, AR, GA, KS, KY, NC, TN, and TX.
Houston, TX-based JOE'S CRAB SHACK (founded 1991) has increased by 5 units, from 131 to 136 (4% growth). The restaurants are family/casual, serving seafood. Per person check average is $10-$30, open for lunch and dinner. Locations have full bar service and seating for around 200. Private party facilities are available. Trading areas are AL, AZ, CA, CO, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, MI, MN, MO, NC, NE, NJ, NV, NY, OH, OK, PA, SC, TN, TX, UT, VA, and WA. Joe’s Crab Shack is a subsidiary of Ignite Restarant Group.
HOT HEAD BURRITOS based in Kettering, OH (founded 2007) has increased by 8 units, from 50 to 58 (16% growth) expanding into FL and MI. These are fast casual Mexican restaurants with seating for around 60. Meal periods are lunch and dinner. Per person check average is around $4-$12. Franchising is offered. The company also operates 7 Subway restaurants which decreased by 3 units, from 10 to 7. Overall company growth is from 60 to 65 (8% company growth). Trading areas are FL, IN, KY, and MI.
JUST SALAD of New York, NY (founded 2006) has increased by 1 unit, from 14 to 15 (7% growth) and expanded into NJ. These are fast casual restaurants with seating for around 50. Meal periods are lunch and dinner. Per person check average is around $4-$12+. Catering is offered. Locations are in NY and NJ.
HERO CERTIFIED BURGERS based in Toronto, ON (founded 2003) has increased by 7 units for Hero Certified Burgers, from 51 to 58 (14% growth). These are fast casual restaurants with full bar and seating for around 30. Meal periods are lunch and dinner. Per person check average is around $4-$12+. There is a second company concept called Lettieri Espresso & Bar (8 units). Overall company increase is from 59 to 66 (12% company growth). Locations are franchised and are in ON.
Emerging and Re-emerging Concepts
Emerging and Re-emerging Concepts
Concepts with 20 units or less who grew by at least 2 units.
Seattle, WA-based ETHAN STOWELL RESTAURANTS has added 2 new concepts (MKT and Red Cow). Other company concepts are Anchovies & Olives (1), Bar Cotto (1), How To Cook A Wolf (1), Rione Xiii (1), Staple & Fancy Mercantile (1), and Tavolata (1). Overall company increase was from 6 to 8 (33% growth). The restaurants are upscale, serving mostly Italian cuisine. The restaurants are open for dinner, with a $15-$50+ per person check average. Locations have full bar and offer catering services. All the restaurants are in WA.
Concepts previously written about in the past 18 months.
Milford, OH-based PENN STATION EAST COAST SUBS (founded 1985) has increased by 13 units, from 255 to 268 (5% growth). This fast casual sandwich shop is open for lunch and dinner, with a $4-$12+ per person price range. Locations seat about 50. Stores are franchised and trade in IL, IN, KS, KY, MI, MO, NC, OH, PA, SC, TN, VA, and WV. We last wrote about this company on 12/11/12 (5% growth).
Honolulu, HI-based TEDDY'S BIGGER BURGERS (founded 1998) has increased by 1 unit, from 13 to 14 (8% growth) and entered into IA. This quick serve burger concept is open for lunch and dinner, with a $4-$12+ per person price range. Units seat about 70. About half of locations are franchised. We last featured this concept on 6/4/13 (63% growth).
JIM 'N NICK'S BAR-B-Q based in Vestavia Hills, AL (founded 1985) has increased by 2 units, from 31 to 33 (6% growth). These are family/casual BBQ restaurants with full bar and seating for around 100. Meal periods are lunch and dinner. Per person check average is around $6-$15+. Locations are in AL, CO, FL, GA, NC, SC and TN. We reported on this concept on 8/3/13 (7% growth).
1 Bridge St, Unit 94
Irvington, NY 10533
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