Restaurant Chain Growth Report 01/26/16



Restaurant Chain Growth Report 01/26/16

RestaurantData.com has released its latest Restaurant Chain Growth Report.

Restaurant Chain Growth Report 01/26/16Growing Concepts of Multi Unit Operators
Concepts that have grown by at least 5% (if less than 50 units).

Tampa, FL-based THE HUNGRY GREEK (founded 2006) has increased by 1 unit, from 4 to 5 (25% growth) and entered into AR.  This family/casual Greek concept is open for lunch and dinner, with a $6-$15+ per person check average.  Locations serve beer and wine, with average seating for about 100.  Catering is available.  Trading areas are AR, FL and GA.

Overland Park, KS-based PB&J RESTAURANTS (founded 1987) has increased by 1 unit for the Newport Grill concept, from 1 to 2 (100% concept growth) and added a new concept called Paradise Diner.  Other company concepts include Back Fire Bbq (1), Bishop Spencer (1), Burnt End Bbq (1), Deluxe Checks Café (1), Je Dunn Café  (1), Red Robin (6) and Ya Ya’s (4).  The restaurants are family/casual, serving multiple cuisine types.  Per person check average is $10-$30+, with full bar service and average seating for around 200.  Catering, private party and online ordering services are available.  Trading areas are AR, CO, KS and MO.

Lincolnshire, IL-based EGG HARBOR CAFE (founded 1985) has increased by 1 unit, from 18 to 19 (6% growth).  The restaurants are family/casual, specializing in breakfast foods.  Per person check average is $4-$12+, open for breakfast and lunch.  Units seat about 100.  Trading areas are GA, IL, and WI.

Phoenix, AZ-based FOX RESTAURANT CONCEPTS (founded 1998) has increased by 1 unit for the Blanco Tacos & Tequila concept, from 3 to 4 (33% concept growth), 1 unit for the North Italia concept, from 8 to 9 (13% concept growth), 1 to 2 for Olive & Ivy (100% concept growth), 10 to 13 for True Food Kitchen (30% concept growth), 2 to 3 for Juby True (50% concept growth) and 1 to 4 for Flower Child (300% concept growth).  The company also added 2 new concepts called The Henry and The Showcase Room.  Other company concepts include Culinary Dropout (4), Little Cleo’s Seafood Legend (1), The Arrogant Butcher (1), The Greene House (1), Wildflower (1) and Zinburger (5).  Overall company increase was from 38 to 50 (32% growth) and entered into FL.  The restaurants are family/casual, serving multiple cuisines.  Per person check average is $10-$30+, with full bar and average seating for about 250.  Catering, private party and online ordering options are available.  Trading areas are AZ, CA, CO, FL, GA, KS, NV, TX and VA.

Ann Arbor, MI-based SWEETWATERS COFFEE & TEA (founded 1994) has increased by 1 unit, from 4 to 5 (25% growth).  These quick serve coffee shops are open for breakfast, lunch and dinner hours, with a $4-$12+ per person price range.  Stores seat about 20 and offer catering service.  All the locations are in MI.

Emerging and Re-emerging Concepts
Concepts with 20 units or less who grew by at least 2 units.

Denver, CO-based SAGE RESTAURANT GROUP (founded 2005) has increased by 2 units for the Urban Farmer concept, from 1 to 3 (200% concept growth) and added a new concept called Hello Betty (1 unit).  Other concepts are Braddock’s Pittsburgh Brasserie (1), Departure (1), Kachina Southwestern Grill (1), Mercat A La Planxa (1), Second Home Kitchen And Bar (1), The Corner Office Restaurant & Martini Bar (1), The Original A Dinerant (1) and Toasted Oak Grill & Market (1).  Overall company increase was from 9 to 12 (33% growth) and entered into OH.  The restaurants are family/casual concepts, open for breakfast, lunch and dinner, serving mostly American and Mexican cuisines.  Locations have full bar service and average seating for about 200.  Catering and banquet services are available.  Trading areas are CA, CO, IL, OH, OR and PA.

Repeat Growers
Concepts previously written about in the past 18 months.

Louisville, KY-based TEXAS ROADHOUSE (NASDAQ:TXRH; founded 1993) has increased by 23 units, from 459 to 482 (5% growth).  This family/casual steakhouse is open for dinner, with a $10-$30+ per person check average.  The restaurants have full bar service and average seating for around 250.  Catering is available.  Trading areas are AK, AL, AR, AZ, CA, CO, CT, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY and the Middle East.  Between 20% and 30% of the restaurants are franchised.  We last featured this company on 8/19/14 (6% growth) and on 5/5/2015 (4% growth).

Phoenix, AZ-based FEZ has added a new concept called Corduroy (1 unit).  Other company concepts are Bliss Rebar (1), Fez (1), Pizza People Pub (1) and Switch Restaurant Bar (1).  Overall company increase was from 4 to 5 (25% company growth).  The restaurants are family/casual, serving pizza and American cuisine.  Per person price range is $8-$20+, with full bar service and seating for about 150.  Meal periods are lunch and dinner. The restaurants offer catering and online ordering services.  All the locations are in AZ.  We last wrote about this company on 7/22/14 (25% growth).

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