Restaurant Chain Growth Report 1/02/13



Growing Concepts
Concepts that have grown by at least 5% (if less than 50 units).

Milwaukee, WI-based VECCHIO ENTERTAINMENT GROUP has increased by 1 unit, from 3 to 4 (33% growth), with the addition of a new concept called Twisted Fisherman Crab Shack.  Other company concepts include Hubbard Park Lodge (1), Lakefront Brewery Palm Garden (1), and Rio West Cantina (1).  These are family/casual concepts, open for lunch and dinner, serving multiple cuisine types.  Per person check average is $10-$30, with full bar service.  Average seating is for about 60.  Catering and private party services are available.  All locations are in WI.

Fraser, MI-based TUBBY’S GRILLED SUBMARINES (founded 1968) has increased by 6 units, from 53 to 59 (11% growth).  These quick serve sandwich shops are open for lunch and dinner, with a $2-$6 per person price range.  Meal periods are lunch and dinner and average seating is for about 20.  Catering is available.  Delivery and online ordering services are offered at select locations.  All units are franchised and trade in MI.

Charleston, SC-based ANDOLINI’S PIZZA (founded 1991) has increased by 1 unit for the Juanita Greenberg’s Nacho Royale concept, from 1 to 2 (100% concept growth).  The company also operates the 5-unit Andolini’s Pizza concept.  Overall company increase was from 6 to 7 (17% company growth).  These quick serve concepts are open for lunch and dinner, serving pizza and Mexican cuisine.  Per person price range is $4-$10, with beer and wine service.  Seating is for about 50.  All locations are in SC.

Vancouver, BC-based BLENZ COFFEE CO (founded 1992) has increased by 2 units, from 58 to 60 (3% growth).  These quick serve coffee shops are open for breakfast, lunch and dinner hours, with a $2-$6 per person price range.  Seating is for about 20.  Units are franchised and trade in BC.

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

Newton, MA-based UFOOD GRILL (OTC:UFFCQ; founded 1999) has increased by 3 units, from 9 to 12 (33% growth) and entered into MD.  This is a fast casual concept, serving American cuisine.  Meal periods are breakfast, lunch and dinner, with a $6-$12 per person check average.  Catering is available.  Online ordering options are offered at select locations.  Units are franchised and trade in MA, MD, OH, TX, and UT.

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

Trevose, PA-based RITA’S ITALIAN ICE (founded 1984) has increased by 13 units, from 547 to 560 (2% growth) and entered into CA.  This is a quick serve frozen custard concept, open for lunch and dinner hours.  Per person price range is $2-$6, offering catering and online ordering.  Units seat about 10-20 persons.  Locations are franchised and trade in AZ, CA, CT, DC, DE, FL, GA, MA, MD, NC, NJ, NV, NY, OH, PA, RI, SC, TN, TX, VA, and WV.  We last wrote about this concept on 9/13/11 (4% growth).

Irvine, CA-based HABIT BURGER GRILL (founded 1969) has increased by 14 units, from 54 to 68 (26% growth).  This quick serve concept is open for lunch and dinner, with a $3-$8 per person price range.  Seating is for about 40.  Locations trade in AZ and CA.  We last featured this concept on 10/18/11 (21% growth) and on 5/1/12 (17% growth).

Irvine, CA-based IN-N-OUT BURGERS (founded 1948) has increased by 15 units, from 266 to 281 (6% growth).  These quick serve restaurants are open for lunch and dinner, with a $3-$8 per person price range.  Units seat about 80 and offer catering and drive-thru service.  Trading areas are AZ, CA, NV, TX, and UT.  We featured this concept on 9/13/11 (5% growth).

Dallas, TX-based FOGO DE CHAO CHURRASCARIA (founded 1979) has increased by 4 units, from 23 to 27 (17% growth) and entered into KS, MA, and NV.  This is an upscale Brazilian steakhouse concept, open for lunch and dinner.  Per person check average is $15-$50+.  The restaurants have full bar and seating for about 200.  Trading areas are AZ, CA, CO, DC, FL, GA, IL, IN, KS, MA, MD, MN, NV, PA, and TX.  We featured this concept on 8/2/11 (10% growth).

BIGFOOT JAVA based in Pacific, WA (founded 2000) has increased by 4 units, from 28 to 32 (14% growth).  These are quick serve coffee shops with seating for around 20.  Meal periods are breakfast, lunch and dinner.  Per person check average is around $2-$6.  All locations are in WA.  We reported on this concept on 3/27/12 when they had 12% growth.

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