Update from Restaurantchains.net on growing and emerging restaurant concepts
Growing Concepts that have grown by at least 5% (if less than 50 units).
Massachusetts-based JAMIE'S GRILL & PUB (founded 1967) has increased by 1 unit, adding a new concept called Constantine’s Mediterranean Italian & Greek Cuisine. The company increased from 3 to 4 units (33% company growth). The restaurants are family/casual, serving a variety of cuisine types. Per person check average is $8-$20. Meal periods are lunch and dinner, with average seating for about 250. Restaurants have a full bar and offer catering and banquet services. All locations are in MA.
Fort Myers, FL-based RIB CITY GRILL (founded 1989) has increased by 1 unit for the Rib City Grill concept, from 24 to 25 (4% concept growth) and entered into TN. The company also operates The Veranda Restaurant (1 unit). Overall company increase was from 25 to 26 (4% growth). Rib City Grill is family/casual, with an $8-$20 per person check average. The Veranda Restaurant is upscale ($15-$30+). Meal periods are lunch and dinner. Average unit seats about 100. Most locations serve beer and wine (a few offer a full bar). Catering and banquet services are available. Locations are franchised and trade in CO, FL, MI, MO, OH, TN, UT, and WA.
PAGLIACCI PIZZA of Seattle, WA (founded 1979) has increased by 1 unit, from 21 to 22 (5% growth). These are quick serve Italian/Pizza restaurants with seating for around 70. Beer and wine are served. Meal periods are lunch and dinner. Check average is around $4-$10. Catering is offered. All locations are in WA.
Beachwood, OH-based GEORGIO'S OVEN FRESH PIZZA (founded 1999) has increased by 1 unit, from 47 to 48 (2% growth). These are take-out/delivery pizzerias, open for lunch and dinner. Online ordering is available. More than 90% of locations are franchised. All units trade in OH.
FINS MARKET & GRILL of Fair Oaks, CA (founded 1991) has increased by 1 unit, from 3 to 4 (33% growth). These are family/casual seafood restaurants with seating for around 80. Beer and wine are served. Meal periods are lunch and dinner. Per person check average is around $10-$30. Catering is offered. All locations are in CA.
Bronx, NY-based GOLDEN KRUST CARIBBEAN BAKERY & GRILL (founded 1989) has increased by 2 units, from 118 to 120 (2% growth). These quick serve Caribbean restaurants are open for breakfast, lunch and dinner, with a $4-$10 per person price range. Units have seating for about 60. Online ordering is available. Units are franchised and trade in CT, FL, GA, MA, MD, NC, NJ, NY, and PA.
Concepts with 20 units or less who grew by at least 2 units
New York, NY-based MODERN MEXICAN RESTAURANTS has increased by 1 unit for the La Sandia concept, from 3 to 4 (33% concept growth), 2 units for Zengo, from 2 to 4 (100% concept growth) and added a new concept called Ketsi (1 unit). Other concepts include Isla (1), Maya (2), Pampano (3), and Tamayo (1). Overall company increase is from 13 to 16 (23% growth), due to a 1 unit closure for Maya. These are upscale Mexican restaurants, open for lunch and dinner, with a $15-$30+ per person check average. Locations have full bar and seating for about 150. Catering and banquet facilities are available. Trading areas are CA, CO, DC, NV, NY, and VA.
RAY'S THE STEAKS based in Arlington, VA has increased by 1 unit for Ray's Hell Burger, from 1 to 2 (100% concept growth) and by 1 unit for Ray's the Steaks, from 1 to 2 (100% concept growth) There is a third concept called Ray's The Classics (1 unit). These tend to be upscale steakhouses with full bar and seating for around 80. Per person check average is around $15-$30+. Overall company increase is from 3 to 5 (67% company growth). Locations are in DC, MA and VA.
ROXBERRY JUICE CO of Murray, UT (founded 2008) has increased by 3 units, from 3 to 6 (100% growth). These are quick serve juice/smoothie units with limited seating. Locations are open during breakfast, lunch and dinner hours. Per person check average is around $3-$8. Locations are franchised and are in UT and MO.
Concepts previously written about in the past 18 months.
Broomfield, CO-based NOODLES & CO (founded 1995) has increased by 4 units, from 233 to 237 (2% growth). These are fast casual noodle restaurants, open for lunch and dinner. Most units serve beer and wine (some have full bar). Average seating is for about 90. Trading areas are CA, CO, IA, IL, IN, KS, KY, MD, MI, MN, MO, NC, NE, OH, OR, UT, VA, and WI. We wrote about this concept 4 times in the past 18 months (3/10/09-6% growth, 7/14/09-2% growth, 12/22/09-8% growth, and 5/11/10-2% growth).
LICK'S HAMBURGERS & ICE CREAM headquartered in Toronto, ON (founded 1980) has increased by 3 units, from 28 to 31 (11% growth). These are quick serve burger restaurants with seating for around 40. Lunch and dinner are served. Per person check average is around $3-$8. Locations are more than 60% franchised and are in ON. We reported on this concept on 9/22/09 (13% growth).
Rancho Santa Margarita, CA-based JOHN'S INCREDIBLE PIZZA CO (founded 1995) has increased by 1 unit, from 9 to 10 (11% growth). These are pizza buffet restaurants, specializing in children’s parties. Per person check average is $6-$12, open for lunch and dinner. Beer and wine are served. Units seat about 750. All locations are in CA. We featured this concept on 10/13/09 (13% growth).
TIO JUAN'S MARGARITAS MEXICAN RESTAURANT & WATERING HOLEheadquartered in Portsmouth, NH (founded 1984) has increased by 1 unit, from 20 to 21 (5% growth). These are family/casual Mexican restaurants with full bar and seating for around 300. Meal periods are lunch and dinner. Per person check average is around $6-$15. Catering and banquets are offered. Locations are in CT, MA, ME and NH. We last reported on this concept on 4/6/10 when they had 5% growth.
PANCHERO'S MEXICAN GRILL headquartered in Coralville, IA (founded 1992) has increased by 1 unit, from 55 to 56 (2% growth). These are fast casual Mexican restaurants with seating for around 80. Beer and wine are served. Meal periods are lunch and dinner. Per person check average is around $6-$12. Locations are more than 70% franchised and are in AZ, CO, CT, FL, GA, IA, IL, MD, MI, MN, MO, NC, ND, NE, NJ, PA, SD, VA and WI. We last reported on this concept on 6/23/09 (6% growth).
Dallas, TX-based DICKEY'S BARBECUE PIT (founded 1941) has increased by 12 units, from 111 to 123 (11% growth) and entered into IN and SD. These fast casual bbq restaurants are open for lunch and dinner, with a $6-$12 per person check average. Most locations serve beer and wine, some have full bar. Units seat about 150. Catering and online ordering services are available. Trading areas are AR, AZ, CA, CO, FL, GA, IA, IN, KS, MD, MN, MO, MS, NC, NM, NV, NY, PA, SC, SD, TX, and VA, with new locations planned in IL, MA, OK, UT, and WY. We wrote about this company on 3/3/09 (11% growth) and on 11/3/09 (4% growth).
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