Restaurant Chain Growth Report 08/16/16



Restaurant Chain Growth Report 08/16/16

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

Restaurant Chain Growth Report 08/16/16Growing Concepts of Multi Unit Operators
Concepts that have grown by at least 5% (if less than 50 units).

Westmont, IL-based THE GREAT AMERICAN BAGEL (founded 1987) has increased by 11 units, from 67 to 78 (16% growth). These quick serve bakery/cafés are open for breakfast, lunch and dinner, with a $4-$12+ per person check average. Seating is for about 30 and catering is available. Trading areas are AL, AR, DC, FL, IL, KS, MD, ME, MI, MN, MO, MT, NC, NH, NJ, NV, NY, OH, OK, ON, SC, TX, VA and WA.

Honolulu, HI-based HONOLULU COFFEE (founded 1991) has increased 21 units, from 28 to 49 (75% growth) and entered into China. These fast casual coffee restaurants are open for breakfast, lunch and dinner hours, with a $4-$12+ per person price range. Seating is for about 40. The shops are located in BC, Hi, Guam, China and Japan.

Duncansville, PA-based HOSS’S STEAK AND SEA HOUSE (founded 1983) has increased by 1 unit, from 35 to 36 (3% growth). These family casual steak and seafood restaurants are open for lunch and dinner, with an $8-20+ per person check average. Full bar service and catering are available. Seating is for about 350. Trading areas are PA and WV.

Portland, OR-based HOT LIPS PIZZA (founded 1984) has increased by 1 unit, from 5 to 6 (20% growth). These quick serve pizza restaurants are open for lunch and dinner, with a $4-$12+ per person price range. Beer and wine are served and catering is available. Seating is for about 50. All the locations are in OR.

Memphis, TN-based HUEY’S (founded 1970) has increased by 1 unit, from 7 to 8 (14% growth). These family/casual American 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 200. Trading areas are MS and TN.

Atlanta, GA-based HOMEGROWN RESTAURANT CONCEPTS (founded 1997) has added a new concept called Dragon Bowl (1) for an overall company increase from 5 to 6 (20% growth). Other company concepts are Osteria 832 (1) and Doc Chey’s (4). The family/casual Asian concepts are open for lunch and dinner, with an $8-20+ per person check average. Osteria 832 is a more upscale Italian concept.  Beer and wine services are offered and seating is for about 125. Catering is also available. Trading areas GA and NC.

Cambridge, MA-based INDIA PAVILLION (founded 1979) has added a new concept called Frozen Yogi (1) for an overall company increase from 2 to 3 (50% company growth). Other company concepts include: India Pavilion (1) and Punjabi Dhaba (1). The Indian restaurants are upscale, open for lunch and dinner, with a $15-$50+ per person check average. Full bar service is offered and seating is for about 80. Catering is also available. Frozen Yogi is a quick serve frozen yogurt concept.  The restaurants are located in MA.

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

Seattle, WA-based SUGAR MOUNTAIN (founded 2000) has added 3 new concepts, Beecher’s Handmade Cheese (3), The Butcher’s Table (1) and Beecher’s Loft (1) for an overall company increase from 4 to 9 (125% growth) and entered into WI. Other company concepts include: Bennett’s Pure Food Bistro (1), Liam’s Bistro (1) and Pasta & Co (2). These upscale Italian restaurants are open for lunch and dinner, with a $15-$50+ per person check average. Full bar service is offered and seating is for about 150. Catering and banquet services are available. Trading areas are NY, WA, and WI.

New York, NY-based INDOCHINE (founded 1984) added 2 new concepts called Tijuana Picnic and The Happiest Hour for an overall company increase from 4 to 6 (50% company growth). Other company concepts include: Acme (1), Bondst (1), Indochine (1) and Republic (1). These upscale Asian restaurants are open for dinner, with a $15-50+ per person check average. Full bar service is available and seating is for about 80. Catering is also available. All the restaurants are in NY.

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

Greenwood Village, CO-based RED ROBIN GOURMET BURGERS (NASDAQ:RRGB; founded 1969) has increased by 13 units, from 527 to 540 (2% growth) and entered into SD.  This family/casual restaurant serves American cuisine, specializing in burgers.  Per person check average is $8-$20+, with full bar service and average seating for around 250.  Between 10% and 20% of the restaurants are franchised.  Trading areas are AB, AK, AL, AR, AZ, BC, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MT, NC, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, WA and WI.  We last featured this concept on 12/29/15 (1% growth).

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