Restaurant Trends - Growing And Emerging Concepts - Data Reflects Change and Activity from January 3, 2010 to May 3, 2010
Update from Restaurantchains.net on growing and emerging restaurant concepts
Jacksonville, FL-based LOOP PIZZA GRILL (founded 1981) has increased by 1 unit, from 18 to 19 (6% growth). These are family/casual pizza restaurants, open for lunch and dinner. Meal periods are lunch and dinner, with a $6-$12 per person check average. Beer and wine are served. Average unit seats 100. Locations are franchised and in the states of FL, GA, and NC.
GRANITE CITY FOOD AND BREWERY headquartered in St Louis Park, MN (Nasdaq: GCFB, founded 1999) has increased by 1 unit, from 25 to 26 (4% growth). These are family/casual restaurants with full bar and seating for around 250. Lunch and dinner are served. Per person check average is around $8-$20. Locations are in IA, IL, IN, KS, MN, MO, ND, NE, OH, SD and WI.
PIEZONI'S based in East Providence, RI (founded 1996) has increased by 1 unit, from 11 to 12 (9% growth). These are quick serve pizza restaurants with limited seating. Beer and wine are served. Meal periods are lunch and dinner. Per person check average is around $3-$8. Catering is available. Franchising is offered. Locations are in GA, MA and RI.
Indian Rocks Beach, FL-based CRABBY BILL'S SEAFOOD RESTAURANT (founded 1980) has increased by 1 unit for the Crabby Bill’s concept, from 7 to 8 (14% concept growth). The company also operates a 1-unit concept called Central Avenue Oyster Bar. Overall company increase was from 8 to 9 (13% growth). These are family/casual seafood restaurants, open for lunch and dinner. Locations have a full bar and seating for about 150. Per person check average is $10-$30. Catering service is offered. All units are in FL.
FLATBREAD COMPANY of Amesbury, MA (founded 1998) has increased by 1 unit, from 7 to 8 (14% growth). These are family/casual pizza restaurants with seating for around 150. Beer and wine are served. Catering is offered. The check average per person is around $6-$15+. Meal periods are lunch and dinner. Locations are in CT, HI, MA, ME and NH.
SANTIAGO'S MEXICAN RESTAURANT of Brighton, CO has increased by 1 unit, from 21 to 22 (5% growth). These are take-out Mexican restaurants with seating for around 70. Meal periods are breakfast, lunch and dinner. Per person check average is from $3-$8. All locations are in CO.
Farmers Branch, TX-based CONSOLIDATED RESTAURANT OPERATIONS has increased by 2 units for the El Chico Mexican Café concept, from 63 to 65 (3% concept growth), 3 units for Cantina Laredo, from 28 to 31 (11% concept growth), and by 3 units for III Forks, from 4 to 7 (75% concept growth). Other concepts include Cool River Café (3), Good Eats (3), Lucky's Café (1), and Silver Fox Steakhouse (5). Overall company increase was from 107 to 115 (7% growth). With these openings, the company has now entered into PA, Egypt, and the UAE. These are family/casual concepts, most open for lunch and dinner (some breakfast). Per person check average ranges from $6-$15+. Locations have a full bar and average seating for about 200. Catering and banquet services are available. Trading areas are AL, AR, AZ, CO, FL, KY, LA, MO, OH, OK, PA, SC, TN, TX, Egypt and the UAE.
Concepts with 20 units or less who grew by at least 2 units.
Houston, TX-based IGNITE RESTAURANT GROUP has increased by 2 units for the Brick House Tavern concept, from 5 to 7 (40% concept growth). The company also operates the 116-unit Joe’s Crab Shack. Overall company increase was from 121 to 123 (2% company growth). These are both family/casual concepts, with a $10-$30 per person check average. Meal periods are lunch and dinner. Locations have a full bar and average seating for about 200. Private party services are available. Trading areas are AL, AZ, CA, CO, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MD, MI, MN, MO, NC, NJ, NV, OH, OK, PA, SC, TN, TX, UT, VA, and WA.
Concepts previously written about in the past 18 months.
Broomfield, CO-based NOODLES & CO (founded 1995) has increased by 4 units, from 229 to 233 (2% growth). These restaurants are fast casual, open for lunch and dinner. Per person check average is $6-$12, serving beer and wine in most locations (some have full bar). Average unit seats about 90. Trading areas are CA, CO, IA, IL, IN, KS, KY, MD, MI, MN, MO, NC, NE, OH, OR, UT, VA, and WI. We featured this company on 3/10/09 (6% growth), 7/14/09 (2% growth), and on 12/22/09 (8% growth).
FIRST WATCH RESTAURANTS based in Bradenton, FL (founded 1983) has increased by 2 units, from 80 to 82 (3% growth). These are family/casual restaurants with seating for around 150. Meal periods are breakfast and lunch. Per person check average is around $3-$8. Locations are in AZ, FL, KS, KY, MD, MO, OH, OK, PA, VA and WV. We last reported on this concept on 11/17/09 when they had (3% growth).
Denver, CO-based SMASHBURGER (founded 2007) has increased by 30 units, from 35 to 65 (86% growth) and entered into CA and KY. This is a fast casual burger concept, open for lunch and dinner, with a $6-$12 per person check average. Locations serve beer and wine, with seating for about 70. Online ordering is available. All units are franchised and located in AZ, CA, CO, IA, ID, KS, KY, MN, NE, NJ, NV, OH, OK, TX, and UT, with a Shreveport, LA location to open later this month. We featured this company on 12/30/08 (80% growth), 5/5/09 (33% growth), 9/8/09 (142% growth), and on 1/12/10 (21% growth). Smashburger also ranked #1 on our October 2009 Top Ten Fastest Growing Concepts list.
LM RESTAURANTS based in Raleigh, NC (founded 1999) has increased by 1 unit for Carolina Ale House, from 11 to 12 (9% concept growth). Other company concepts are Bentley's American Grill (1), Bluewater Waterfront Grill (1), Eddie Romanelli's (2), Henry's (1), Oceanic Oceanfront Dining (1) and Taverna Agora (1). Overall company increase is from 18 to 19 (6% growth). Concepts are family/casual with full bar and seating for around 300. Lunch and dinner are served. Catering is offered. Locations are in FL, NC and SC. We wrote about this concept on 1/20/09 (6% growth).
Annapolis, MD-based LEDO PIZZA (founded 1955) has increased by 4 units, from 89 to 93 (4% growth). These are family/casual Italian and pizza restaurants, open for lunch and dinner, with a $6-$12 per person check average. Locations have a full bar and seating for about 90. Catering and delivery are available. Locations are franchised and located in DC, DE, FL, MD, NC, VA, and WV. We wrote about this concept on 4/28/09 (4% growth) and again on 1/5/10 (3% growth).
MAIN STREET VENTURES of Ann Arbor, MI (founded 1981) has increased by 1 unit, from 17 to 18 (6% growth) adding a new concept called EO Burgers. Other company concepts are Blue Pointe Oyster Bar (1), Carson's American Bistro (1), Ciao (1), Gratzi (1), La Dolce Vita (2), Palio (1), Real Seafood Co (4), The Chop House (4), Tidewater Grill (1) and Zia's (1). The concepts tend to be family/casual or upscale with full bar and multiple cuisines. Seating is for around 250. Per person check average is around $10-$30. Meal periods are lunch and dinner. Banquet facilities are available. Locations are in FL, MD, MI, OH and WV. We reported on this concept on 8/25/09 (13% growth).
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