Restaurant Chain Growth Report 6/18/13



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

Roanoke, VA-based COUNTRY COOKIN (founded 1981) has increased by 1 unit, from 15 to 16 (7% growth).  This is a family/casual buffet concept, open for breakfast, lunch and dinner.  Per person check average is $6-$12.  Seating is for about 150.  Catering service is available.  All units are in VA.

Tucson, AZ-based EEGEE’S (founded 1971) has increased by 1 unit, from 22 to 23 (5% growth).  This is a quick serve sandwich shop, open for lunch and dinner.  Per person price range is $4-$10.  Seating is for around 50.  Catering is available.  All locations are in AZ.

LAMPPOST PIZZA based in Tustin, CA (founded 1976) has increased by 4 units, from 26 to 30 (15% growth) adding a new 4 unit concept called Back Street Brewery.  The Lamppost Pizza concept has 26 units.  These are casual restaurants with seating for around 60.  Beer is served.  Meal periods are lunch and dinner.  Per person check average is around $6-$15+.  Catering and franchising are offered.   Locations are in CA and NV.

Sherman Oaks, CA-based LUCKY STRIKE LANES (founded 2003) has increased by 1 unit, from 20 to 21 (5% growth).  This family/casual bowling/entertainment restaurant is open for lunch and dinner, with a $10-$30 per person check average.  The restaurants have full bar service and seating for about 250.  Private party services are available.  Locations trade in AZ, CA, CO, DC, FL, IL, MA, MI, NY, ON, PA, TX, and WA.  Franchising is available.

Houston, TX-based CLAIM JUMPER RESTAURANT (founded 1977) has increased by 2 units, from 37 to 39 (5% growth) and entered into TN.  The restaurants are family/casual, serving American cuisine.  Meal periods are lunch and dinner, with a $10-$30 per person check average.  The restaurants have full bar and seating for about 450.  Catering, banquet, and online ordering services are available.  Trading areas are AZ, CA, IL, NV, OR, TN, and WA.  Claim Jumper is a subsidiary of Landry’s Restaurants.

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

California-based BURGER LOUNGE (founded 2007) has increased by 3 units, from 8 to 11 (38% growth).  This fast casual burger concept is open for lunch and dinner, with a $6-$12 per person check average.  Units seat about 40 and serve beer and wine.  Online ordering is available.  All locations are in CA.

GLOWBAL RESTAURANT GROUP of Vancouver, BC (founded 2002) has increased by 3 units, from 7 to 10 (43% growth) adding new concepts, The Fish Shack and IK2GO (2 units).  These are upscale restaurants with full bar and seating for around 150.  Meal periods are lunch and dinner.  Per person check average is around $15-$50+.  Other company concepts are Black + Blue (1), Coast Restaurant (1), Glowbal Grill & Satay Bar/afterglow (1), Italian Kitchen (1), Sanafir Restaurant & Lounge (1), Society (1) and Trattoria Italian Kitchen (1).  Catering and banquet services are offered.  All locations are in BC.

GOLDEN RULE BBQ based in Birmingham, AL (founded 1891) has increased by 4 units, from 15 to 19 (27% growth) adding a new concept called Ezell’s Fish Camp (4 units).  Other company concepts are: G Dogs (1), Golden Rule Bbq (12), La Paz (1) and Michael’s Steak and Seafood (1).  These tend to be quick serve and casual restaurants with seating for around 150.  Meal periods are lunch and dinner.  Per person check average is around $4-$10.  Franchising is offered.  Locations are in AL and TN.

Seattle, WA-based ETHAN STOWELL RESTAURANTS has increased by 2 units, from 4 to 6 (50% growth) with the addition of 2 new concepts (Bar Cotto and Rione XIII).  Other company concepts are Anchovies & Olives (1),  How To Cook A Wolf (1), Staple & Fancy Mercantile (1), and Tavolata (1).  These are upscale Italian concepts, open for dinner only.  Seating is for about 100, with full bar service.  Catering and banquet options are available.  All the restaurants are located in WA.

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

Haddonfield, NJ-based PJW RESTAURANT GROUP (founded 1983) has increased by 1 unit for the PJ Whelihan’s concept, from 14 to 15 (7% concept growth).  The company also operates The Chophouse (1), The Pour House (1), and Treno Pizza Bar (1).  Overall company increase was from 17 to 18 (6% growth).  The restaurants are family/casual, serving American cuisine.  Meal periods are lunch and dinner, with full bar service.  Seating is for about 250.  Private party services are available.  The restaurants are in NJ and PA.  We wrote about this company on 3/14/12 (13% growth).

HOT HEAD BURRITOS based in Kettering, OH (founded 2007) has increased by 9 units for Hot Head Burritos, from 41 to 50 (22% concept growth) and expanded into NC.  These are fast casual Mexican restaurants with seating for around 60.  Meal periods are lunch and dinner.  Per person check average is around $4-$10.  The company is also the franchisee of 10 Subway locations.  Overall company growth is from 51 to 60 (18% company growth).  Locations are more than 60% franchised and are in IN, KY, NC, OH, PA and TN.  We last reported on this concept on 7/24/12 when they had 34% growth.

Florida-based ROCCO’S TACOS & TEQUILA BAR (founded 2007) has increased by 1 unit, from 4 to 5 (25% growth).  This family/casual Mexican concept is open for lunch and dinner, with a $10-$30 per person check average.  The restaurants are open for lunch and dinner, with full bar service.  Seating is for about 100.  All locations are in FL.  We featured this concept on 3/20/12 (100% growth).

Houston, TX-based BUBBA GUMP SHRIMP CO (founded 1996) has increased by 4 units, from 36 to 40 (11% growth) and entered into MD, NV, and TX.  This is a family/casual seafood concept, open for lunch and dinner.  The restaurants have full bar and seat about 200.  Catering and banquet facilities are available.  Trading areas are CA, CO, FL, HI, IL, LA, MD, MN, NV, NY, SC, TN, TX, Mexico, and Asia.  Bubba Gump is a subsidiary of Landry’s Restaurants. We last featured this concept on 6/26/12 (9% growth).

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