Restaurant Chain Growth Report 09/30/14



Restaurant Chain Growth Report 09/30/14RestaurantData.com has released its latest Restaurant Chain Growth Report.

Restaurant Chain Growth Report 09/30/14Growing Concepts of Multi Unit Operators
Concepts that have grown by at least 5% (if less than 50 units).

Beachwood, OH-based GEORGIO’S OVEN FRESH PIZZA (founded 1999) has increased by 4 units, from 40 to 44 (10% growth).  These quick serve pizzerias are open for lunch and dinner, with a $4-$12+ per person price range.  Units have limited seating and offer online ordering and delivery services.  All locations are franchised and trade in OH.

Los Angeles, CA-based ROSCOE’S HOUSE OF CHICKEN N WAFFLES (founded 1975) has increased by 1 unit, from 6 to 7 (17% growth).  The restaurants are family/casual, open for breakfast, lunch and dinner.  Per person check average is $6-$15+, serving beer and wine.  Seating is for about 100.  All locations are in CA.

LARKBURGER of Edwards, CO has increased by 1 unit, from 12 to 13 (8% growth).  These are fast casual burger restaurants with seating for around 60.  Meal periods are lunch and dinner and beer is served.   Per person check average is around $6-$15.  All locations are in CO.

SMOKEY MO’S BBQ of Round Rock, TX (founded 2000) has increased by  1 unit, from 11 to  12 (9% growth).  These are quick serve BBQ restaurants with seating for around 60.  Per person check average is around $4-$12+.  Breakfast, lunch and dinner are served.   Catering and banquet services are available.  All locations are in TX.

Meridian, CT-based FRANK PEPE’S PIZZERIA (founded 1925) has increased by 1 unit, from 6 to 7 (17% growth).  The restaurants are family/casual, open for lunch and dinner, with a $6-$15+ per person check average.  Beer and wine are served at select locations.  Average seating is for about 50.  Private party services are available.  Trading areas are CT and NY.

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

Los Angeles, CA-based UMAMI BURGER (founded 2009) has increased by 8 units, from 16 to 24 (50% growth) and entered into IL, NY, and NV.  These family/casual burger restaurants are open for lunch and dinner, with an $8-$20+ per person check average.  Locations serve beer and wine (1 location has full bar service).  Average seating is for about 50.  Trading areas are CA, IL, NY, and NY.

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

Maryville, TN-based LIME FRESH MEXICAN GRILL (founded 2004) has increased by 2 units, from 28 to 30 (7% growth) and entered into TX and Chile.  This fast casual Mexican concept is open for lunch and dinner, with a $6-$15+ per person check average.  The restaurants serve beer and wine and offer catering service.  Average seating is for about 70.  Locations are franchised and trade in AL, DC, FL, NC, OH, TX, VA, and Chile.  Lime Fresh is a subsidiary of Ruby Tuesday restaurants.  We last featured this concept on 7/17/13 (13% growth).

Phoenix, AZ-based BARRO’S PIZZA (founded 1980) has increased by 2 units, from 33 to 35 (6% growth).  The restaurants are fast casual, open for lunch and dinner, with a $4-$12+ per person price range.  Beer and wine are served and seating is for about 50.  Delivery is available.  All locations are in AZ.  We last featured this concept on 9/4/13 (3% growth).

RUMBI ISLAND GRILL of Salt Lake City, UT (founded 2000) has increased by 1 unit, from 22 to 23 (5% growth).  These are fast casual restaurants with seating for around 90.  Meal periods are lunch and dinner.  Per person check average is around $4-$12+.  Catering and online ordering are offered.  Locations are in AZ, CO, ID, NV and UT.  We last reported on this company on 11/19/13 when they had 5% growth.

Southlake, TX-based DEL FRISCO’S RESTAURANT GROUP (NASDAQ: DFRG; founded 1981) has increased by 1 unit for the Del Frisco’s Double Eagle Steakhouse concept, from 10 to 11 (10% concept growth) and by 6 units for the Del Frisco’s Grille concept, from 8 to 14 (75% concept growth).  The company also operates the 10-unit Sullivan’s Steakhouse.  Overall company increase was from 37 to 44 (19% growth).  The restaurants are upscale steakhouses, open for lunch and dinner.  Per person check average is $15-$50+, with full bar and seating for about 250.  Catering and banquet services are available.  Trading areas are AK, AZ, CA, CO, DC, DE, FL, GA, IL, IN, KS, LA, MA, MD, NC, NE, NV, NY, PA, TX, and WA.  We last featured this company on 12/10/13 (9% growth).

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