Restaurant Chain Growth Report 03/23/16



Restaurant Chain Growth Report 03/23/16

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

Restaurant Chain Growth Report 03/23/16Growing Concepts of Multi Unit Operators
Concepts that have grown by at least 5% (if less than 50 units).

New York, NY-based NANOOSH (founded 2010) has increased 1 unit from 4 to 5 (25% growth). These fast/casual Mediterranean style restaurants are open for lunch and dinner with a $4-$12+ per person check average. Seating is for about 30 and catering is available. All locations are in NY.

Southborough, MA-based OWEN O’LEARY’S (founded 1989) has increased 1 unit from 2 to 3 (50% growth). These family/casual American restaurants are open for lunch and dinner, with a $10-$30+ per person check average. Full bar service is offered and seating is for about 200. Catering is available.  The restaurants are all in MA.

Massachusetts-based MET RESTAURANT GROUP (founded 2005) has increased by 1 unit, from 4 to 5 (25% growth) and entered into MD with the addition of a new concept called Met Bethesda.  Other company concepts are Met Back Bay (1), Met Burger Bar & Grill (2) and Nantucket’s Met On Main (1).  The restaurants are mostly upscale, with a $15-$50+ per person check average.  Met Burger Bar is family/casual, with an $8-$20+ per person check average.  The restaurants have full bar service and average seating for about 200.  Meal periods are lunch and dinner.  Catering and banquet services are available.  Trading areas are MA and MD.

Mount Olive, NC-based HIGHWAY 55 BURGERS, SHAKES AND FRIES (founded 1991) has increased by 10 units, from 112 to 122 (9% growth) and entered into AR and GA.  This family/casual burger restaurant is open for lunch and dinner, with a $6-$15+ per person check average.  Average unit seats about 70.  Locations are franchised and trade in AL, AR, FL, GA, NC, OH, SC, TN, TX and VA.

Burnaby, BC-based FRESHSLICE PIZZA (founded 1999) has increased by 1 unit, from 74 to 75 (1% growth).  These quick serve pizzerias are open for breakfast, lunch and dinner, with a $4-$12+ per person price range.  Units seat about 20 and offer online ordering and delivery services.  Trading areas are BC and ON.  Franchising is available.

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

Commerce Township, MI-based MR. PITA (founded 1993) has increased by 11 units, from 16 to 27 (69% growth). These fast/casual sandwich restaurants are open for breakfast, lunch and dinner, with a $4-$12+ per person check average. Seating is for about 70 and catering is available. Units are located in MI.

Norman, OK-based VAN’S PIG STANDS (founded 1928) has increased 2 units from 3 to 5 (67% growth). These family/casual BBQ restaurants are open for lunch and dinner, with an $8-$20+ per person check average. The restaurants offer beer service and seating for about 125. Catering is available. The restaurants are in OK.

Boston, MA-based B.GOOD (founded 2004) has increased 18 units, from 17 to 35 (106% growth). These fast/casual American restaurants are open for lunch and dinner, with a $6-$15+ per person check average. Seating is for about 60 and catering is available. Trading areas are CT, MA, ME, NC, NH, NJ, RI and just entered into PA and ON.

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

Jackson, MS-based NEWK’S EATERY (founded 2004) has increased by 21 units, from 83 to 104 (25% growth).  This fast casual concept serves American cuisine.  Per person check average is $10-$30+, open for lunch and dinner.  Average unit has seating for around 150.  Catering and online ordering options are available.  The restaurants are franchised and trade in AL, AR, FL, GA, KY, LA, MD, MO, MS, NC, SC, TN and TX.  We last featured this concept on 3/17/15 (26% growth).

Dallas, TX-based DICKEY’S BARBECUE PIT (founded 1941) has increased by 50 units, from 490 to 540 (10% growth) and entered into IA and NJ.  The restaurants are fast casual, open for lunch and dinner, with a $6-$15+ per person price range.  Full bar or beer/wine service is avaiable in select locations.  Average unit seats around 150.  Catering and online ordering are available.  All units are franchised and trade in AL, AR, AZ, CA, CO, FL, GA, IA, ID, IL, IN, KS, KY, LA, MD, MI, MN, MO, MS, MT, NC, ND, NE, NJ, NM, NV, NY, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, WA, WI, WV and WY.  We last wrote about this concept on 2/17/15 (17% growth).

Dallas, TX-based CHILI’S GRILL & BAR (founded 1975) has increased by 10 units, from 1585 to 1595 (1% growth).  These family/casual restaurants serve American cuisine, open for lunch and dinner, with an $8-$20+ per person check average.  Locations have full bar and average seating for about 200.  Catering and online ordering are available.  About half the restaurants are franchised.  Trading areas are AB, AK, AL, AR, AZ, CA, CO, CT, DE, FL, GA, HI, 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, ON, OR, PA, RI, SC, SD, SK, TN, TX, UT, VA, VT, WA, WI, WV and WY.  Chili’s is a subsidiary of Brinker International.  We last wrote about this concept on 3/17/15 (2% growth).

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