Restaurant Trends

Restaurant Trends - Growing And Emerging Concepts - Change and Activity August 22, 2017

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). 

Columbus, OH-based DONATO'S PIZZA (founded 1963) has increased by 6 units, from 153 to 159 (4% growth). This fast causal 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 150. Catering, delivery, online ordering and drive-thru services are available. Locations are franchised and trade in AL, IN, KY, NC, OH, TN and VA.

San Francisco, CA-based MINA GROUP (founded 2002) has increased by 1 unit for the Pabu concept, from 1 to 2, (100% concept growth), 1 unit for the RN74, from 2 to 3 (50% concept growth), 1 unit for the Stripsteak concept, from 2 to 3 (50% concept growth) and added a new concept called Pizza & Burger (1) for an overall company increase from 20 to 24 (20% growth) and entered into HI. Other company concepts include: Arcadia (1), Bardot Brasserie (1), Bourbon Steak & Pub (1), Bourbon Steak (5), Michael Mina (2), Michael Mina Pub 1842 (1), Mina Test Kitchen (1), Pub 1842 (1), Stonehill Tavern (1), The Handel Bar (1) and Wit & Wisdom Tavern (1). These restaurants are upscale steak & seafood concepts, open for breakfast, lunch and dinner, with a $15-$50+ per person check average. The restaurants have full bar service and average seating for about 250. Trading areas are DC, FL, HI, MD, NV, WA and WY.

Boston, MA-based SMITH & WOLLENSKY (founded 1977) has increased 1 unit for their Smith & Wollensky concept, from 8 to 9 (13% concept growth) for an overall company increase from 9 to 10 (11% company growth). Their other company concept is called Wollensky's Grill (1). These upscale teakhouse restaurants are open for lunch and dinner, with a $15-$50+ per person check average. Full bar service is available and seating is for about 200. Banquet services are offered. Trading areas FL, IL, MA, NV, OH and TX.

Denver, CO-based SMASHBURGER (founded 2007) has increased by 8 units, from 365 to 373 (2% growth). These fast casual burger restaurants are open for lunch and dinner, with a $6-$15+ per person check average. Beer and wine are served and seating is for about 70. Online ordering is available. Locations are franchised and trade in AB, AL, AZ, CA, CO, FL, GA, IA, ID, IL, KS, KY, LA, MI, MN, MO, NC, ND, NE, NJ, NV, NY, OH, OK, PA, SC, TN, TX, UT and VA.

Chattanooga, TN-based YELLOW DELI (founded 1973) has increased by 1 unit, from 11 to 12 (9% growth) and entered into NC. This family/casual deli is open for breakfast, lunch and dinner, with a $4-$12+ per person check average. Seating is for about 200. Trading areas are BC, CA, CO, NC, NY, TN and VT.

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Emerging and Re-emerging Concepts

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

Stillwell, KS-based SHERIDAN'S FROZEN CUSTARD (founded 1998) has increased by 2 units, from 14 to 16 (14% growth). These quick serve ice cream shops are open for lunch and dinner hours, with a $4-$12+ per person price range. Seating is for about 10 and catering is available. All stores are franchised and trade in IL, KS, MO, TN, TX and WA.

New York, NY-based VIN SUR VINGT (founded 2010) has increased by 2 units, from 3 to 5 (67% growth). These upscale French restaurants are open for dinner, with a $15-$50+ per person check average. Beer and wine are served and seating is for about 70. Banquet servicese are available. All the restaurants are located in NY.

Repeat Growers

Concepts previously written about in the past 18 months. 

Delaware-based LA TONALTECA (founded 1993) has increased by 1 unit for the La Tonalteca concept, from 9 to 10 (11% concept growth). The company also operates La Tolteca (4). Overall company increase was from 13 to 14 (8% company growth). These family/casual Mexican restaurant concepts are open for lunch and dinner, with an $8-$20+ per person check average. The restaurants have full bar and average seating for about 100. Trading areas are DE, NY and PA. We last featured this company on 6/14/16 (8% growth).

Cheshire, CT-based WAYBACK BURGERS (founded 1991) has increased by 37 units, from 109 to 146 (34% growth) and entered into CO, IL and WY. This fast casual burger concept is open for lunch and dinner, with a $4-$12+ per person check average. Seating is for about 60 and catering is available. Trading areas are located in CA, CT, DE, FL, GA, IN, MA, MD, MI, MN, NC, NH, NJ, NY, OH, OR, PA, SC, TN, TX, VA and WA. We last featured this concept on 4/5/16 (7% growth).

Queens, NY-based BAREBURGER (founded 2008) has increased by 16 units, from 30 to 46 (53% growth) and entered into CA, IL and WA. These family/casual burger restaurants are open for lunch and dinner, with an $8-$20+ per person check average. Full bar service is available and seating is for about 90. Catering is also available. Trading areas are CA, CT, IL, NJ, NY, OH, ON, PA and WA. We wrote about this concept on 4/26/16 (11% growth).

Fort Wayne, IN-based WINGS ETC (founded 1994) has increased by 10 units, from 41 to 51 (24% growth) and entered into KY and SC. These family/casual chicken restaurants are open for lunch and dinner, with a $6-$15+ per person check average. Beer is served and seating is for about 150. Catering is available. Locations are franchised and trade in IL, IN, KY, MI, MO, NC, OH and SC. We last wrote about this concept on 3/15/16 (28% growth).

 

Contact
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Restaurantchains.net
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