Restaurant Trends - Growing And Emerging Concepts - Change and Activity April 1, 2014
- April, 3 2014
Growing Concepts of Multi Unit Operators
Concepts that have grown by at least 5% (if less than 50 units).
Toronto, ON-based PIZZA PIZZA (TXS: PZA.UN; founded 1967) has increased by 24 units for the Pizza Pizza concept, from 605 to 629 (4% concept growth) and by 4 units for the Pizza 73 concept, from 89 to 93 (4% concept growth). Overall company increase was from 694 to 722 (4% company growth). These quick serve pizzerias are open for lunch and dinner, with a $4-$12+ per person price range. Units have seating for about 40 and offer catering, delivery and online ordering services. The restaurants are franchised and trade in AB, BC, MB, NS, ON, PQ, and SK.
Addison, TX-based BAR LOUIE (founded 1990) has increased by 15 units, from 70 to 85 (21% growth) and entered into AL, IA, LA, MN, and NC. This family/casual concept is open for lunch and dinner, serving American cuisine. Per person check average is $10-$30+. The restaurants have full bar service and seat around 200. Private party services are available. Trading areas are AL, AR, AZ, CO, DC, FL, IA, IL, IN, KY, LA, MA, MD, MI, MN, MO, NC, NY, OH, PA, RI, TN, TX, VA, and WI.
MEXICALI BORDER CAFE based in Tulsa, OK (founded 1987) has increased by 1 unit, from 2 to 3 (50% growth). These are family/casual restaurants with full bar and seating for around 150. Meal periods are lunch and dinner. Per person check average is around $6-15+. Catering and banquet services are offered. Locations are in FL and OK.
COOK OUT of Archdale, NC has increased by 33 units, from 94 to 127 (35% growth). These are quick serve, drive-thru restaurants with limited patio seating. Meal periods are lunch and dinner. Per person check average is around $4-$12+. Locations are in GA, NC, SC, TN and VA.
PEET'S COFFEE & TEA of Emeryville, CA (founded 1966) has increased by 35 units, from 197 to 232 (18% growth). These are fast casual shops open for breakfast and lunch. Per person check average is around $4-$12. The company is no longer public. Locations are in CA, CO, IL, MA, MI, OH, OR, PA and WA.
Emerging and Re-emerging Concepts
Emerging and Re-emerging Concepts
Concepts with 20 units or less who grew by at least 2 units.
Dallas, TX-based TWISTED ROOT BURGER CO has increased by 1 unit for the Twisted Root concept, from 9 to 10 (11% concept growth) and entered into LA. The company has also opened a new concept called Truck Yard (1 unit). Overall company increase was from 9 to 11 (22% company growth). The restaurants are fast casual, specializing in burgers. Per person check average is $8-$20+, with full bar service. Average seating is for about 90. Locations are in LA and TX. Franchising is now available.
AL'S ITALIAN BEEF based in Mokena, IL (founded 1938) has increased by 3 units, from 14 to 17 (21% growth). These are quick serve sandwich 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 CA, IL and NV.
Concepts previously written about in the past 18 months.
Washington-based BLAZING ONION BURGER COMPANY(founded 2007) has increased by 1 unit, from 5 to 6 (20% growth). This fast causal burger concept is open for lunch and dinner, with an $8-$20+ per person check average. Locations have full bar and seating for about 90. All units are in WA. We last featured this concept on 10/9/12 (67% growth).
Pittsburgh, PA-based PRIMANTI BROTHERS RESTAURANT & BAR (founded 1933) has increased by 1 unit, from 20 to 21 (5% growth) and entered into WV. The restaurants are open for lunch and dinner (one location open for breakfast), with a $6-$15+ per person check average. The restaurants serve a variety of sandwiches, burgers and pizza. One restaurant has full bar service, the rest serve beer and wine. Average seating is for about 100. Catering and delivery services are available. Locations are in FL, PA and WV. We featured this company on 10/16/12 (5% growth).
Houston, TX-based RUSSO'S NEW YORK PIZZERIA (founded 1992) has increased by 7 units, from 31 to 38 (23% growth) and entered into HI. The restaurants are family/casual, open for lunch and dinner, with a $6-$15+ per person check average. Locations have full bar and seating for around 100. Catering, delivery and online ordering services are available. The restaurants are franchised and trade in AR, FL, HI, OK, TN, and TX. We last wrote about this concept on 4/23/13 (7% growth).
1 Bridge St, Unit 94
Irvington, NY 10533
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