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January 22, 2008
Data reflects change and activity during
the
most
recent
four-month period from September 15, 2007 to January 22, 2008
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Over
the years we have developed a sound system of integrating four separate revenue centers. The Greene Turtle offers franchisees
Continued...
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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.
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| The January 2008 Top Ten list of
the fastest growing restaurant concepts.
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...
Concept Roundup list from 2007
This week we are publishing a summary and names of last years repeat growers. Continued...
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December '07 results are now posted.
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.
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Growing Concepts that have grown by at least 5% (if less than 50
units).
PHILLY'S BEST based in Irvine, CA (founded 1992) has increased by 2 units, from 22 to 24 (9% growth).
These are quick serve sandwich shops with seating for about 80. Beer is served and catering is offered. The per person check average is
around $4-$10. Units are 75% franchised. All stores are located in CA.
ARIZONA STEAKHOUSE based in Simpsonville, SC has increased by 1 unit for their Arizona's at Stonecrest
concept, from 1 to 2 (100% concept growth). The overall company increase is from 5 to 6 (20% company growth). Other concepts are Arizona
Steakhouse (2) and Travinia Italian Kitchen (2). These are upscale restaurants with full bar and seating for about 175. Cuisines include
Italian and Steak as the main themes. Locations are currently in GA and SC.
AMATO'S SANDWICH SHOP headquartered in Portland, ME (founded 1972) has increased by 3 units, from 27 to 30
(11% growth). Stores are fast casual serving pizza, pasta and sandwiches. The per person check average is around $3-$8. Seating is
for about 40 and catering is offered. Locations are 43% franchised and are in ME, NH and VT.
DOUBLEDAVE'S PIZZAWORKS of Austin, TX (founded 1984) has increased by 7 units, from
49 to 56 (14% growth). These are quick serve units with seating for about 40. Beer is served. Catering is offered. More than
90% of locations are franchised and all are in TX.
Alpharetta, GA-based PROVINO'S ITALIAN RESTAURANT (founded 1977) has opened a new unit for
the Provino's concept, from 9 to 10 (11% concept growth). The company also operates the 2-unit Scalini's Italian Restaurant. Overall
company increase was from 11 to 12 (9% company growth). These are family/casual Italian restaurants with a $13-$20 per person check
average. Most locations are open for dinner only, however 2 locations serve lunch also. All have a full bar. Seating is for about
225. Banquet facilities are available. Trading areas are GA and TN.
Ferndale, MI-based BD'S MONGOLIAN BBQ (founded 1992) has opened 3 units, from 30 to 33 (10% growth).
This fast casual Asian concept is open for lunch and dinner, with an $8-$20 per person check average. Seating is for about 225, with a full
bar. Locations are in the states of CO, FL, IL, IN, KS, KY, MD, MI, MO, OH, and WV, with 1 unit in Mongolia. More than half the units are
franchised. |
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Concepts with 20 units or less who grew by at least 2 units.
VERA'S BURGER SHACK based in Kitsilano, BC (founded 1977) has increased by 2 units, from 7 to 9 (29%
growth). Locations are quick serve with seating for about 40. Per person check average is around $3-$8. Catering is offered.
Units are more than 30% franchised and all are located in BC.
Farmers Branch, TX-based CANTINA LAREDO has opened 4 units, from 17 to 21 (24% growth). This is
an upscale Mexican concept, open for lunch and dinner, with a per person check average of about $15-$30. Seating is for about 200, with a full
bar service. Catering is available. Trading areas are AZ, FL, LA, MO, OK, and TX. Cantina Laredo is a subsidiary of Consolidated
Restaurant Operations.
Woodbridge, VA-based BUFFALO PHILLY'S has opened 2 locations, from 5 to 7 (40% growth). These are
fast casual chicken restaurants, with a $4-$10 per person check average. Beer is served. Units have seating for about 40. All
locations are in VA.
Culver City, CA-based RED MANGO (founded 2002) has opened 11 units, from 2 to 13 (550% growth) and
entered into 4 states (NY, OR, UT, WA). These are quick serve frozen yogurt shops, with a $3-$8 per person check average and seating for about
20. Units are open for lunch and dinner hours. More than 90% of locations are franchised. Trading areas are CA, NC, NY, OR, UT, and
WA, with 2 locations to soon open in IL.
Los Angeles, CA-based PINKBERRY (founded 2005) has opened 12 units, from 28 to 40 (43% growth).
The restaurants are quick serve yogurt shops, with a $3-$8 per person check average. Seating is for about 50. Meal periods are lunch and
dinner hours. Locations are in CA and NY. All are company owned and operated.
Finally. An answer to the biggest problem facing you right now!
Success as an Independent Restaurant Owner has never been more challenging, due to increasing competition, higher
demands to meet business objectives, personal pressures, long, stress-filled hours that strain commitments to family and health.
If you feel overwhelmed, you're not alone. Merely projecting confidence isn't an option. You need the right tools. Continued...
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Concepts previously written about in the past 18
months.
B.R. GUEST
RESTAURANTS of New York, NY (founded 1987) has added a new concept called Primehouse New York. Company increase is from 17 to 18 units
(6% growth). Current concepts are Atlantic Grill (1), Blue Fin (1), Blue Water Grill (2), David Burke's Primehouse (1), Dos Caminos (4), Fiamma
Trattoria (2), Isabella's (1), Level V (1), Ocean Grill (1), Primehouse New York (1), Ruby Foo's (2) and Vento (1). These are upscale
restaurants with full bar and seating for about 250. The per person check average is around $30-$50+. Cuisines are Italian, Asian, Mexican,
Seafood and Steakhouse. Locations are in IL, NV and NY. We last reported on this company in our 8/14/07 newsletter when they had 33%
growth.
BANDANA'S BAR-B-Q based in St Louis, MO (founded 1996) has increased by 3 units, from 21 to 24 (14%
growth). These are family casual BBQ restaurants with full bar and seating for about 150. The check average is around $8-$20 per
person. Units are 21% franchised and are IN, IA, IL and MO. We reported on this concept in our 3/6/07 newsletter when they had 11%
growth.
BAKER BROS AMERICAN DELI of Dallas, TX (founded 1999) has increased 4 units, from 12 to 16 (33% growth) and
expanded into SC. These are fast casual deli concepts with seating for around 125. Catering is offered and beer and wine is
served. The per person check average is around $6-$12. Units are 50% franchised and are in AR, NV, SC and TX. We wrote about this
concept in our 8/20/07 newsletter when they had 20% growth.
Park Ridge, NJ-based BENSI (founded 1983) has opened 2 units, from 16 to 18 (13% growth). This concept
was previously featured in our 8/4/06 newsletter (8% growth) and in our 5/29/07 edition (23% growth). The restaurants are family/casual, with a
$10-$30 per person check average. Seating is for about 100, with full bar service. Meal periods are lunch and dinner. Catering and
banquet services are offered. Locations are in NJ and PA. A new unit is scheduled to open in Wyomissing, PA this winter.
Charlotte, NC-based BOJANGLES' FAMOUS CHICKEN & BISCUITS (founded 1977) has opened 12 units, from 380 to 392
(3% growth) and entered into the state of NJ. We covered this concept in our 5/15/07 newsletter (5% growth). These quick serve chicken
restaurants are open for breakfast, lunch and dinner, with a $2-$6 per person check average. Seating is for about 50. Between 60 and 70%
of locations are franchised. Trading areas are AL, FL, GA, MD, NC, NJ, NY, PA, SC, TN, VA, Honduras, and Mexico.
Whitewater, WI-based TOPPERS PIZZA (founded 1991) has opened 2 locations, from 15 to 17 (13% growth) and
entered IL. This concept was featured in our 8/28/07 newsletter (15% growth). This is a quick serve pizzeria concept, open for lunch and
dinner. Seating is for about 50. Catering and delivery are available. Between 30 and 40% of units are franchised. Trading
areas are IL, MN, NC, and WI.
Atlanta, GA-based TED'S MONTANA GRILL (founded 2002) has opened 4 locations, from 51 to 55 (8% growth) and
entered into MA. We've written about this company 3 times before (2/6/07-13% growth), 5/15/07-9% growth and 10/9/07-4% growth).
Overall 1-year growth was 38%. The company also ranked #10 on our July '07 Top Ten Fastest Growing Restaurant Concepts list. The
restaurants are family/casual steakhouses, with a $10-$30 per person check average. Meal periods are lunch and dinner. Locations have a
full bar. Seating is for about 200. Trading areas are AL, CO, CT, FL, GA, IL, IN, KS, KY, MA, MO, NC, NE, NY, OH, PA, RI, TN, and
VA. A Bozeman, MT location is scheduled to open in June '08.
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...
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Ethanol, Feed Costs and the Protein Markets.
A more dynamic year for the grain
corn and feed markets is expected in 2008 with cattle expenditures for corn projected to rise to an unprecedented 6.4 billion dollars.
Continued...
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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...
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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 48,000 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 |
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