Restaurant Trends - Growing And Emerging Concepts - Change and Activity March 18, 2014

2014-03-18
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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).

    Tulsa, OK-based BILLY SIMS BBQ (founded 2004) has increased by 7 units, from 32 to 39 (22% growth).  This fast casual bbq concept is open for lunch and dinner, with a $6-$15+ per person check average.  Units seat about 60 and offer catering services.  Stores are franchised and trade in MI, MO, OK, and TX, with a Bentonville, AR location to open in April.

    Orange, CA-based BRUXIE GOURMET WAFFLE SANDWICHES(founded 2006) has increased by 1 unit, from 5 to 6 (20% growth).  This fast casual sandwich shop is open for breakfast, lunch and dinner, with a $4-$12+ per person check average.  Units seat about 70.  All locations are in CA.

    HEART OF AMERICA RESTAURANTS & INNS of Moline, IL (founded 1978) has increased by 1 unit for Johnny's Italian Steakhouse, from 7 to 8 (14% growth).  These are upscale restaurants with full bar and seating for around 250.  Per person check average is around $15-$50+.  Meal periods are lunch and dinner.  Banquets are offered.  Other company concepts are Checkered Flag (1), Gramma's Kitchen (1), Machine Shed Restaurant (6) and Thunder Bay Grille (3).   Overall company increase is from 18 to 19 (6% growth).  Locations are in IA, IL, KS, MN, NE and WI.

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    Emerging and Re-emerging Concepts

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

    Houston, TX-based BRICK HOUSE TAVERN & TAP (founded 2008) has increased by 4 units, from 16 to 20 (25% growth).  This family/casual concept is open for lunch and dinner, serving American cuisine.  Per person check average is $10-$30, with full bar service.  The restaurants seat about 200 and offer private party services.  Trading areas are CO, FL, IL, KY, MO, NJ, NY, OH, PA, and TX.  Brick House Tavern is a subsidiary of Ignite Restaurant Group.

    FRESH BROTHERS PIZZA based in Manhattan Beach, CA (founded 1985) has increased by 5 units, from 6 to 11 (83% growth).  These are quick serve restaurants with 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.

    Repeat Growers

    Concepts previously written about in the past 18 months. 

    Burlington, ON-based JACK ASTOR'S BAR & GRILL (founded 1990) has increased by 3 units, from 35 to 38 (9% growth).  The restaurants are family/casual, serving American cuisine.  Per person check average is $8-$20+, with full bar and seating for about 200.  Trading areas are AB, NS, NY, ON, and PQ.  Jack Astor’s is a subsidiary of Sir Corp.  We last featured this concept on 10/30/12 (9% growth).

    Atlanta, GA-based TROPICAL SMOOTHIE CAFE (founded 1997) has increased by 14 units, from 370 to 384 (4% growth) and entered into ND.  This fast casual juice/smoothie concept is open for breakfast, lunch and dinner hours, with a $4-$12+ per person price range.  Locations have seating for around 50.  Catering, delivery and drive-thru services are available.  All stores are franchised and trade in AL, AR, AZ, CO, CT, FL, GA, IA, IL, IN, KY, LA, MA, MD, ME, MI, MN, MO, MS, NC, ND, NE, NH, NJ, NV, NY, OH, OK, PA, SC, TN, TX, UT, VA, WA, WI, and WV.  We last wrote about this company on 9/24/13 (14% growth).

    LEO'S CONEY ISLAND of Dearborn, MI (founded 1972) has increased by 2 units, from 49 to 51 (4% growth).  These are family/casual restaurants with seating for around 100.  Meal periods are breakfast, lunch and dinner.  Per person check average is around $4-$12+.  Catering is offered.  Locations are franchised and are in MI.  We wrote about this company on 9/10/13 (17% growth).

    LIME FRESH MEXICAN GRILL of Maryville, TN has increased by 2 units, from 26 to 28 (8% growth).  These are fast casual restaurants with seating for around 70.  Beer and wine are served.  Per person check average is around $6-$15+.  Catering is offered.  Locations are in AL, DC, FL, NC, OH and VA.  We last featured this company on 12/11/12 (28% growth) and on 7/17/13 (13% 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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