WHITESPACE
http://www.RestaurantChains.net

January 2, 2008

Data reflects change and activity during the most recent
four-month period from August 24, 2007 to December 22, 2007

QUICK LINKS

 

NEWSLETTER SIGN-UP

 

TESTIMONIALS

 

NEWSLETTER ARCHIVE

 

CURRENT CLIENTS

OUR BLOG, NEW SERIES ON SERVICE

OFFERINGS & PRICING

 

FAQ

 

GLOSSARY

 

NEW WEEKLY RESTAURANT OPENING REPORT

 

RESTAURANT CHAINS.NET WEBSITE

 

RESEARCH LAB

 

CONFIDENTIAL M&A SERVICES

 

ADVERTISING PROGRAMS

 

______________

 

FRANCHISE SPOTLIGHT

 

Display your opportunity

 

greene turtle

Over the years we have developed a sound system of integrating four separate revenue centers. The Greene Turtle offers franchisees Continued...

 

 


 
 
 
 
NRA 2008
Meet us in Chicago 2008, booth 3336

Restaurantchains.net Alerts Newsletter  

:

A weekly newsletter covering public and private restaurant chains featuring under-reported unique facts relating to growth. Pertinent information is gathered, verified and analyzed in-house using proprietary methods created in our research and library departments.

In order to receive specific personnel for companies mentioned along with full profiles, you must be a client.


Regarding growth stories listed:


We publish net unit growth from (each company has their own four-month cycle and companies have varied verification dates, percentages are not annualized as a result) one four-month period to the next. This is performed by re-verifying net growth figures of approximately 1,000 companies per month. Once our researchers identify the following growth results from our research efforts, we highlight a new round of results each week in our newsletter. Featured growth stories are only a fraction of the growth stories received by clients.

 
 
 
 

The January '08 top ten list of growing concepts will be out next week. See the October '07 list here.

Each calendar quarter we publish a list of the top ten growing concepts (by percentage) who start the preceding calendar quarter with less than 50 units. This list is a result of academic research performed in-house by our market research department.

 See the whole story. Continued...

 
 
 
 

November's results are now posted. December '07 will be posted next week.

The index added 4 points during the month of November moving forward from 1031.39 to 1035.40.  The November gain was the seventh straight growth month.  The slow but steady growth pattern continued for another period.  Continue and see results.

 

 

 
 
 
 

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

Rancho Cordova, CA-based PIZZA GUYS (founded 1986) has opened 4 units, from 55 to 59 (7% growth).  These are take-out/delivery pizzerias, open for lunch and dinner.  Between 80 and 90% of the units are franchised.  Locations are in CA and NV.

Longwood, FL-based FOOD SYSTEMS UNLIMITED INC (founded 1991) has opened 1 unit for their Asian Chao concept, from 35 to 36 and 3 units for the Chao Cajun concept, from 10 to 13.  The company also operates Maki of Japan (20 units).  Overall company increase was from 65 to 69 units (6% growth).  The restaurants are fast casual and located in mall and airport food courts.  Per person check average is $4-$10.  Meal periods are lunch and dinner.  Between 20 and 30% of units are franchised.  Trading areas are FL, GA, IL, IN, KY, MA, MN, NC, NJ, NY, OH, PA, TN, TX, and WA.

OLGA'S KITCHEN based in Troy, MI (founded 1970) has increased by 3 units, from 30 to 33 (10% growth).  These are fast casual sandwich units with seating for about 60.  The check average is around $3-$8 per person.  Banquets are offered.  Locations are company owned and are in IL, MI and OH.

DUDUM SPORTS & ENTERTAINMENT of Walnut Creek, CA has increased by 2 units, from 5 to 7 (40% growth) as a result of an acquisition of a concept called Cantina, which has 2 units.  Additional activity was the increase of 1 unit for the Joe DiMaggio's concept, from 1 to 2 while expanding into TX.  During the same period, the company has sold a single unit concept called "Center Court."   Current concepts are:  Bing Crosby's Restaurant (2), Joe DiMaggios (2), Mc Covey's (1) and Cantina (2).  Units are generally upscale with full bar and seating for about 175.  The per person check average range is $15-$30+.  Locations are in CA and TX.

Multiple New location openings:

RED ROBIN GOURMET BURGERS headquartered in Greenwood Village, CO (founded 1969 - NSDQ: RRGB) has 8 new locations opening in Carmel-IN, Portland-OR, Wareham-MA, Huntsville-AL, Renton-WA, Nashville-TN, Ashburn-VA and Poughkeepsie-NY.  There are currently 373 total locations in AB, AK, AL, AR, AZ, BC, CA, CT, CO, DE, FL, GA, IA, ID, IL, IN, KS, KY, MA, MD, ME, MI, MN, MO, MT, NC, NE, NJ, NM, NV, NY, OH, OK, OR, PA, SC, TN, TX, UT, VA, WA and WI.

RED BRICK PIZZA based in Palmdale, CA (founded 1998) has 5 new locations to open in Tampa-FL, Milwaukie-OR, Peoria-AZ, Bakersfield-CA and Encino-CA.  There are currently 72 locations in AZ, CA, CO, FL, NM, NV, OR and TX.

 
NY Food Show
 

 
 

Concepts with 20 units or less who grew by at least 2 units. 

Boise, ID-based CHICAGO CONNECTION PIZZA (founded 1982) has opened 2 units, from 9 to 11 (22% growth).  The restaurants are family/casual style, serving Italian cuisine and pizza, with a $4-$10 per person check average.  Meal periods are lunch and dinner, with seating for about 60.  Beer and wine is served.  Delivery, catering, and banquet facilities are available.  All locations are in ID.

Birmingham, AL-based ZOE'S KITCHEN (founded 1995) has increased by 3 units, from 17 to 20 (18% growth).  These are fast casual Greek restaurants, open for lunch and dinner, with a $4-$10 per person check average.  Seating is for about 60.  Catering is available.  About 40% of units are franchised.  Trading areas are AL, AZ, FL, LA, TN, and TX.

MARY'S PIZZA SHACK of Sonoma, CA (founded 1959) has increased by 2 units, from 15 to 17  (13% growth).  These are family/casual restaurants with full bar and seating for about 150.  The per person check average is $6-$15+.  Catering and banquet services are offered.  All locations are in CA.

 
Accubar home page banner
 
 
 

Concepts previously written about in the past 18 months.

 

Coconut Creek, FL-based SAL'S ITALIAN RISTORANTE (founded 1990) has increased by 3 units, from 15 to 18 (20% growth). This concept was previously mentioned in our 5/29/07 newsletter, with a 15% growth.  These family/causal Italian & pizza restaurants are open for lunch and dinner, with a $10-$30 per person check average.  Seating is for about 60.  Beer and wine is served.  Catering is available.  All locations are in FL.

Sandy, UT-based RUMBI ISLAND GRILL (founded 2000) has opened 3 units, from 20 to 23 (15% growth).  This concept was previously featured in our 12/19/06 and 6/5/07 newsletter issues (38% growth and 11% growth, respectively, with a 1 year growth of 77%).  This company was also ranked #7 on our January '07 Top Ten Fastest Growing Restaurant Concepts list.  These fast casual restaurants are open for lunch and dinner, with a $6-$12 per person check average.  Seating is for about 90.  Catering is available.  Trading areas are AZ, CO, and UT.

Edgewater, MD-based THE GREENE TURTLE (founded 1976) has opened 3 units during the period, from 14 to 17 (21% growth).  This concept was previously mentioned in our 11/15/06 and 4/24/07 newsletters (38% growth and 18% growth, respectively; 113% growth over the past year).  These are family/casual bar and grill restaurants, with an $8-$20 per person check average and seating for about 150.  Meal periods are lunch and dinner.  Catering and banquet facilities are available.  More than 60% of units are franchised.  Locations are in DC and MD, with a Lewes, DE location to open next year.  Other upcoming locations are Prince Frederick, MD and Westminster, MD.

SPICY PICKLE (OTC:BB SPKL.OB) headquartered in Denver, CO (founded 1999) has increased by 11 units, from 25 to 36 (44% growth) and expanded into AZ, IN and MS.  These are fast casual sandwich restaurants with seating for about 30.  The per person check average is around $3-$8 and catering is offered.  We reported on this concept in our 3/27/07 newsletter (18% growth) and our 8/20/07 newsletter (25% growth).  The overall one-year growth is from 12 to 36 (200% growth).  Units are franchised and are located in AZ, CA, CO, IL, IN, MS, NV, OH, OR, SD, TX and VA.  Spicy Pickle ranked #5 on our January '07 Top Ten Fastest Growing concept list.  They also ranked #4 on our October '07 Top Ten list as well.  The company went public in September '07.

HOMEMADE PIZZA CO based in Chicago, IL has increased by 6 units, from 14 to 20 (43% growth).  We last reported on this concept in our 1/2/07 newsletter (43% growth) and our 6/12/07 newsletter (40% growth).  Overall one year growth is from 7 to 20 (186%).  Units are take-out and are located in IL and MN. This company ranked #3 on our July '07 Top Ten Fastest Growing Concepts list.

 

 

 
 

Who likes to count inventory?

 

Ask any operator, manager or supervisor and they will almost always tell you that the counting of anything is tedious and mostly a drag. The best part of doing inventory is when you have counted the last item and can process the numbers. 

 

There is a company that has a device (picture a palm pilot) you just point at the bottle. The accuracy and speed of the system,  Continued...

 
 

Chicken Prices

Strong chicken exports are boosting the overall chicken index value which is good news for chicken breast buyers. Continued...

 
PJs
 
 
 

Are you receiving your rebates? Introducing the Dynamic Chains Cooperative.

When I ask operators if they receive rebates, the response "yes, we get rebates from our distributor" is very common.  Do they actually receive these rebates?

 

After investigation, I've found these operators were receiving a fraction of the available rebate income.  As a result, we are introducing the Dynamic Chains Cooperative.   Continued...

 

 
 

Newsletter Sponsorship

Download Media Kit

You may have noticed our new design and sponsor sections.  In addition, we have created a location on the newsletter for franchisors to advertise their concepts. This newsletter is sent to more than 47,000 foodservice professionals each week. See the breakdown of our newsletter readers and download a media kit.  Continue to download...

Copyright 2007. All data is a representation of in house research including the perpetual surveying of more than 7300 restaurant chain concepts. Publisher accepts no responsibility for errors or omissions. Syndication of news stories are available to web and print publishers. Media inquiries are welcome. Please call 914-591-4297.

Directory Information

As a reader you are viewing a snapshot of the companies, contacts and trend watching performed by us. To know more including pricing options, Continued...

Contacts:

 

Publisher:

Keith Gellman

keith@restaurantchains.net

 

Editorial concerns: 

Maura O'Neill

maura@foodservicereport.com

 

Francine Graham

francine@foodservicereport.com

RestaurantChains.net
One Bridge Street, Suite 44, Irvington, NY 10533 | p: (914) 591- 4297 | f: (914) 591 - 4293
info@restaurantchains.net

email marketing by