Restaurant Chain Growth Report 10/14/14



Restaurant Chain Growth Report 10/14/14

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

Restaurant Chain Growth Report 10/14/14Growing Concepts of Multi Unit Operators
Concepts that have grown by at least 5% (if less than 50 units).

Colorado-based SALSA BRAVA FRESH MEXICAN GRILL has increased by 1 unit for the Over Easy concept, from 1 to 2 (100% concept growth). Other company concepts include Salsa Brava (3) and Sonterra Grill (1).  Overall company increase was from 5 to 6 (20% company growth).  The restaurants are family/casual, serving Mexican cuisine.  Meal periods are lunch and dinner, with a $6-$15+ per person check average.  Locations have full bar and seat about 175.  Catering and banquet services are available.  All the restaurants are in CO.

CORNER TABLE RESTAURANTS of New York, NY (founded 2001) has increased by 1 unit for The Smith concept, from 2 to 3 (50% concept growth).  There is a second one unit concept called Jane.  Over all company growth is from 3 to 4 (33% company growth).  These are upscale restaurants with full bar and seating for around 60.  Meal periods are lunch and dinner.  Per person check average is around $15-$50+.  Banquet services are available.  All locations are in NY.

BRAVO BRIO RESTAURANT GROUP based in Columbus, OH (founded 1981- Nasdaq: BBRG) has increased by 2 units, from 56 to 58 (4% growth) for Brio Tuscan Grille and by 1 unit for Bravo Cucina Italiana, from 46 to 47 (2% growth).   Overall company increase is from 103 to 106 (3% company growth).  These are upscale Italian restaurants with full bar and seating for around 200.  Meal periods are lunch and dinner.  Per person check average is around $15-$50+.  Banquets and catering are offered.  Locations are in AL, AR, AZ, CO, CT, DE, FL, GA, IA, IL, IN, KS, KY, LA, MD, MI, MO, NC, NJ, NM, NV, NY, OH, PA, TN, TX, VA and WI.

Baton Rouge, LA-based RAISING CANE’S (founded 1996) has increased by 60 units, from 141 to 201 (43% growth) and entered into MO.  This fast casual chicken concept is open for lunch and dinner, with a $4-$12+ per person price range.  Units seat about 70 and offer catering and drive-thru services.  Trading areas are AL, AZ, CO, GA, KY, LA, MA, MN, MS, NE, NV, OH, OK, SC, TX and VA.  Franchising is available.

Wichita, KS-based KNOLLA’S PIZZA (founded 1981) has increased by 1 unit, from 3 to 4 (33% growth).  These fast casual pizzerias are open for lunch and dinner, with a $4-$12+ per person price range.  Beer is served and seating is for about 60.  Catering, delivery and online ordering options are available.  All locations are in KS.

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

Chicago, IL-based FOUR CORNERS TAVERN GROUP (founded 2001) has increased by 3 units, from 8 to 11 (38% growth) with the addition of 3 new concepts called Trellis, Ranalli’s and Highline.  The restaurants are family/casual bar and grills, open for lunch and dinner.  Per person check average is $8-$20+, with seating for around 125.  Online ordering and private party facilities are available.  All the restaurants are in IL.

Cincinnati, OH-based DEWEY’S PIZZA (founded 1998) has increased by 3 units, from 17 to 20 (18% growth).  The restaurants are family/casual, open for lunch and dinner, with a $6-$15+ per person check average.  Locations serve beer and wine and have seating for about 90.  Private party facilities are available.  Trading areas are IL, KY, MO and OH.

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

Dallas, TX-based FRONT BURNER RESTAURANTS (founded 2005) has increased by 21 units for the Twin Peaks Restaurant concept, from 42 to 63 (50% concept growth) and entered into AL, ID, IN and MO.  The company also increased by 4 units for the Ojos Locos Sports Cantina concept, from 4 to 8 (100% concept growth).  The company also operates Ranch At Las Colinas (1), Red Dog Right (1) and Whiskey Cake Kitchen & Bar (1).  Overall company increase was from 49 to 74 (51% growth).  The restaurants are family/casual sports bar and grill concepts.  Meal periods are lunch and dinner, with an $8-$20+ per person check average.  Seating is for about 225.  Banquet facilities are available.  The restaurants are franchised and trade in AL, AR, AZ, CO, FL, GA, IA, ID, IL, IN, KS, LA, MO, MS, NC, NE, NM, NV, OK, SC, TN and TX.  We featured this company on 5/28/13 (36% growth).

Trevose, PA-based RITA’S ITALIAN ICE (founded 1984) has increased by 41 units, from 569 to 610 (7% growth) and entered into AL, IA, KS, MN and UT.  These quick serve custard shops are open for lunch and dinner hours, with a $4-$12+ per person price range.  Limited seating is available.  Locations offer catering and online ordering services.  The stores are franchised and trade in AL, AZ, CA, CT, DC, DE, FL, GA, IA, KS, MD, MN, NC, NJ, NV, NY, OH, PA, RI, SC, TN, TX, UT, VA and WA.  We last featured this company on 10/29/13 (2% growth).

New York, NY-based FIG & OLIVE has increased by 1 unit, from 6 to 7 (17% growth) and entered into IL.  The restaurants are upscale, open for breakfast, lunch and dinner.  Per person check average is $15-$50+, with full bar service and seating for about 125.  Catering and banquet services are offered.  The restaurants are located in CA, IL and NY.  We last wrote about this concept on 11/13/13 (20% growth).

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