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Restaurant Industry News
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Wednesday January 7th, 2009 |
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Restaurant Trends - Growing And Emerging Concepts - Data reflects change and activity from July 3, 2008 to November 3, 2008
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Update from Restaurantchains.net on growing and emerging restaurant concepts |
Growing Concepts that have grown by at least 5% (if less than 50 units).
Oxford, MS-based OLD VENICE PIZZA CO (founded 1997) has increased by 1 unit, from 5 to 6 (20% growth). These family/casual Italian & pizza restaurants are open for lunch and dinner, with a full bar. Seating is for about 100. Per person check average is from $4-10+. Catering and private party facilities are available. Units are in MS and TN.
The Arizona-based GRAZIE PIZZERIA & WINE BAR (founded 2001) has increased by 1 unit, from 2 to 3 (50% growth). These are upscale Italian & pizza restaurants, open for lunch and dinner. Beer and wine are served. Seating is for about 100. Per person check average is around $15-$30+. Banquet rooms are available. All locations are in AZ.
Commerce Township, MI-based PAPA ROMANO'S (founded 1970) has increased by 4 units for the Papa Romano's concept, from 42 to 46 (10% concept growth) and by 2 units for Mr Pita, from 36 to 38 (6% concept growth). Overall company increase was from 78 to 84 (8% company growth). The company also entered into TX, with an Amherst, NY location to open soon. These are mostly take-out concepts, serving pizza and sandwiches. Meal periods are lunch and dinner. Beer and wine are served at some units. Catering, delivery, and online ordering are available. Trading areas are FL, MI, and TX. All locations are franchised.
ACME OYSTER & SEAFOOD HOUSE based in Metairie, LA (founded 1910) has increased by 1 unit, from 4 to 5 (25% growth). These are family/casual seafood restaurants with full bar. Seating is for about 250. The check average is around $6-$12+ per person. Catering and banquets are offered. Locations are in FL and LA.
JOHNNY'S LUNCH based in Toledo, OH (founded 1936) has increased by 1 unit, from 6 to 7 (17% growth). These are quick serve restaurants with seating for about 40. The check average is around $2-$8 per person. Locations are more than 90% franchised and are in MI, NY and OH.
BREAD & CHOCOLATE of Alexandria, VA has increased by 1 unit, from 4 to 5 (25% growth). These are quick serve restaurants with limited seating. Beer and wine are served. Stores are open for breakfast, lunch and dinner. Catering is offered. Locations are in DC and VA.
Concepts with 20 units or less who grew by at least 2 units.
Scottsdale, AZ-based CEREALITY (founded 2003) has increased by 4 units, from 4 to 8 (100% growth) and entered into FL, MN, and OH. These are quick serve cereal restaurants, open for breakfast, lunch and dinner hours. Per person check average is $2-$6. Seating is for about 30. Catering is available. Trading areas are AZ, CA, CO, FL, MN, and OH. Cereality is a subsidiary of Kahala Corp.
MANDARIN RESTAURANT FRANCHISE CORP based in Brampton, ON (founded 1979) has increased by 2 units, from 19 to 21 (11% growth). These are Chinese buffet restaurants with full bar and seating for about 300. The check average is around $8-$20 per person. Banquets are offered. Locations are more than 90% franchised and are in ON.
MAURICE'S GOURMET BBQ based in West Columbia, SC has increased by 2 units, from 15 to 17 (13% growth). These are family/casual BBQ restaurants with seating for about 100. The per person check average is around $6-$12. Lunch and dinner are served. Catering and banquets are offered. All locations are in SC.
WHOLE HOG CAFÉ of Little Rock, AR has increased by 2 units, from 11 to 13 (18% growth). These are fast/casual BBQ restaurants with seating for about 125. Beer and wine are served and catering is offered. The per person check average is around $4-$10. Locations are in AR, LA, NM and TN.
Concepts previously written about in the past 18 months.
San Clemente, CA-based BUBBA GUMP SHRIMP CO (founded 1996) has increased by 2 units for the Bubba Gump Shrimp concept, from 29 to 31 (7% concept growth). The company also operates Capi's Italian Kitchen (1), Mai Tai Bar (3), and Rusty Pelican (1). Overall company increase was from 34 to 36 (6% company growth). We wrote about this concept on 10/2/07 (10% growth) and again on 2/12/08 (3% growth). These family/casual seafood restaurants are open for lunch and dinner, with a full bar and seating for about 200. Catering and banquet services are available. Trading areas are CA, CO, FL, HI, IL, LA, MN, NY, SC, TN, Mexico, Bali and Asia.
Minneapolis, MN-based BUFFALO WILD WINGS (NASDAQ: BWLD, founded 1982) has increased by 28 units, from 517 to 545 (5% growth) and entered into NM. These are family/casual restaurants, open for lunch and dinner, with an $8-$20 per person check average. Units have a full bar and seating for about 200. Trading areas are AL, AR, AZ, CA, CO, CT, DE, FL, GA, IA, IL, IN, KS, KY, LA, MD, MI, MN, MO, MS, MT, NC, ND, NE, NM, NV, NY, OH, OK, OR, PA, SC, SD, TN, TX, VA, WI, and WV. Between 60% and 70% of stores are franchised. We wrote about this concept on 8/14/07 (2% growth).
Louisville, CO-based OLD CHICAGO (founded 1976) has increased by 4 units, from 96 to 99 (4% growth) and entered into AR and MO. We previously featured this concept on 7/23/07 (5% growth). The restaurants are family/casual, serving pizza, burgers and sandwiches. Locations have a full bar and seating for about 225. Meal periods are lunch and dinner. Trading areas are AR, AZ, CO, FL, IA, ID, IL, IN, KS, KY, MI, MN, MO, MT, NC, ND, NE, NY, OK, OR, SD, TN, WI, and WY. Between 30% and 40% of units are franchised. Old Chicago is a subsidiary of Rock Bottom Restaurants.
RESTAURANTS AMERICA of Glenview, IL (founded 1990) has increased by 5 units for their Bar Louie concept, from 45 to 50 (11% concept growth) and expanded into CA, NY, MA and NJ. Other company concepts are Bluepoint Oyster Bar (4), Grillroom (2), Midtown Kitchen & Bar (1), One North (1), Red Star Tavern (9), Townhouse (1) and Watergrill & Sunset Bar (1). Overall company increase is from 64 to 69 (8% company growth). Locations are in AZ, CA, CO, DC, FL, IL, IN, KY, MA, MI, MI, NV, NY, OH, PA, SC, VA and WI. The Bar Louie concept is upscale with full bar and seating for about 200. Catering and banquets are offered. We previously wrote about this company in our 1/7/07 newsletter (25% growth) and in our 6/7/07 newsletter (10% growth).
Contact
Keith Gellman
Restaurantchains.net
1 Bridge St, Unit 94
Irvington, NY 10533
914-591-4297
http://www.restaurantchains.net
[email protected]
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