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February 19,
2008
Data reflects
change and
activity
during
the
most
recent
four-month period from October 13, 2007 to February 13, 2008
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Over
the years we have developed a sound system of integrating four separate revenue centers. Having doubled the amount of locations in the past year
(currently 19 locations), 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 February 2008 Top 20 list of the Fastest Growing
Concepts between 50 and 100 units.
See the
story and
who
made the
first list. Continued...
The January 2008 Top Ten list of
the fastest growing restaurant concepts with less than 50 units.
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...
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January '08 results are
now posted.
The index added .97 points
during
the
month of January
moving forward from 1036.02 to 1036.99 The January gain was the ninth straight growth month. The rate of growth is continuing to decelerate. Continue and see
results.
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Growing Concepts that have grown by at least 5% (if less than 50
units).
Atlanta, GA-based HERE TO SERVE RESTAURANT GROUP
(founded 1993) has increased by 1 unit, adding a new concept called Lola Bellini Bar & Restaurant. This is an upscale Italian concept, with a
$30-$50 per person check average. Other restaurant concepts for this group are Golfish, Noche, Posh, Prime, Shout, Strip, and Twist.
Overall company increase was from 7 to 8 (14% growth). The other concepts are also upscale, all averaging about 250 seats. Meal periods
are lunch and dinner, with a variety of different cuisine types. Catering and banquet facilities are available. All the restaurants are
in GA.
Universal City, CA-based SADDLE RANCH CHOP HOUSE (founded 1999) has increased by 1 unit, from 3 to 4 (33%
growth), entering into the state of AZ. Other locations are in CA and KS. These are family/casual restaurants, with full bar and seating
for about 300. Per person check average is $8-$20. Meal periods are breakfast lunch and dinner. Private party facilities are
available.
Greensboro, NC-based BISCUITVILLE (founded 1966) has increased by 2 units, from 48 to 50 (4% growth). The
restaurants are quick serve, open for breakfast and lunch, with a $2-$6 per person check average. Seating is for about 50. Locations are
in NC and VA.
The owners of WALK-ON'S BISTREAUX & BLUES BAR of Baton Rouge, LA (founded 1996) have added a new concept
called Schlittz & Giggles. Overall company growth is from 3 to 4 (33% growth). The new concept is a pizza restaurant that serves beer.
Other concepts are family/casual with full bar and seating for about 200. The per person check average is around $8-$20. Concepts are
Happy's (1), Roux House (1), Walk-on's Bistreaux (1) and Schlittz & Giggles (1). All are located in LA.
GIO'S FABULOUS PIZZA & MARTINI BAR of Ellenton, FL has increased by 1 unit, from 3 to 4 (33% growth).
These are upscale Pizza/Italian restaurants with full bar and seating for about 150. The per person check average is around $15-$30. All
are located in FL.
CLEAN PLATE CLUB RESTAURANT GROUP based in Evanston, IL (founded 1985) has increased by 1 unit for their Pete
Millers concept, from 2 to 3 (50% concept growth). These are upscale steakhouses with full bar and seating for about 200. Overall company
growth is from 5 to 6 (20% growth). Other concepts are Davis St Fishmarket (2) and Merle's Bbq (1). All are located in IL.
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Concepts with 20
units or less who grew by at least 2 units.
Portland, OR-based PASTINI PASTARIA has increased by 2 units, from 4 to 6 (50% growth). This is a family/casual Italian
concept, open for lunch and dinner, with an $8-$20 per person check average. Seating is for about 100. Full bar service and catering are
available. All units are in OR.
Aurora, CO-based JUAN'S MEXICALI (founded 2004) has increased by 2 units, from 6 to 8
(33% growth). These are fast casual Mexican restaurants, with a $6-$12 per person check average, serving beer and wine. Seating is for
about 100. Meal periods are lunch and dinner. Trading areas are CA, DE, FL, GA, and TX, with new units opening in Coral Springs, FL and
West Bend, WI, later this year. More than 90% of locations are franchised.
ORGANIC TO GO of Seattle, WA (founded 2004 - OTGO.OB) has increased by 10 units, from 16 to 26
(63% growth). These are fast casual cafes with seating for about 20-30. Breakfast and lunch are served. Catering (mostly corporate) and
delivery are offered. Locations are in CA and WA.
VCG HOLDING CORP based in Lakewood, CO has increased by 4 units, from 15 to 19 (27%
growth). The company opened 3 new concepts, Jaguar’s (1 unit), Platinum Plus (2 units) and La Boheme (1 unit). These are typically
mens clubs with full bar and a full menu. Square footage is up to 11,000+. Banquets are offered. Other concepts are Club Inferno
(1), Diamond Cabaret (1), Penthouse (2), Pt's (8), Roxy's (1), Scheiks Palace Royale (1) and The Men's Club Of Raleigh (1). Locations are in CO, IL,
IN, KY, MN and NC.
TANNER'S BAR & GRILL of Overland Park, KS (founded 1985) has increased by 2 units, from 9 to 11
(22% growth). Locations are family/casual with seating for about 200. Full bar, catering and banquets are offered. The check
average is around $6-$15+ per person. Locations are 18% franchised and are in KS, MO and NE. 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.
Everett, WA-based GARLIC JIM'S FAMOUS GOURMET PIZZA (founded 2003) has increased by 3 units, from 46 to 49 (7% growth)
and entered into FL and NJ. We've previously written about this concept on 2/20/07 (18% growth) and on 9/25/07 (18% growth). The concept
also ranked # 6 on our July '07 Top Ten and # 8 on our October '07 Top Ten fastest growing concepts lists. These are take-out/delivery pizza
restaurants, open for lunch and dinner. Beer and wine is available at select locations. More than 90% of units are franchised.
Trading areas are AZ, CA, CO, FL, NJ, OR, PA, and WA, with stores opening in TN and TX later this year.
Irvine, CA-based JUICE
IT UP (founded 1995) has increased by 7 units, from 140 to 147 (5% growth) and entered into GA. We've featured this concept 3 times
before (11/15/06-19% growth, 3/20/07-4% growth, and 10/2/07-14% growth). These take-out juice/smoothie stores are open for breakfast lunch and
dinner hours, with a $2-$6 per person check average. Trading areas are AZ, CA, FL, GA, NV, NY, TN, and TX. More than 90% of the stores
are franchised.
Broomfield, CO-based NOODLES & CO (founded 1995) has increased by 15 units, from 156 to 171 (10% growth) and
entered into the state of IA. We wrote about this company in our 1/16/07 issue (5% growth) and in 7/2/07 (14% growth). These fast casual
restaurants serve a variety of noodle dishes, with a $6-$12 per person check average. Meal periods are lunch and dinner. Seating is for
about 90. Beer and wine are served. Trading areas are CA, CO, IA, IL, IN, KS, MD, MI, MN, MO, NE, OH, OR, UT, VA, and WI.
RAISING CANE'S headquartered in Baton Rouge, LA (founded 1996) has increased by 13 units, from 61 to 74 (21%
growth) and expanded into KY. These are quick serve chicken restaurants with seating for about 70. The check average is around $3-$8 per
person. Catering is offered. Locations are 24% franchised and are in AL, CO, GA, KY, LA, MN, MS, NE, NV, OH, OK, TX and VA. We
wrote about this concept in our 1/30/07 newsletter (27% growth) and our 10/2/07 newsletter (9% growth).
WAHOO'S FISH TACO based in Santa Ana, CA has increased by 3 units, from 47 to 50 (6% growth). These are
fast casual Mexican/seafood restaurants with seating for around 80. Beer and wine are served. Catering and banquets are offered.
The per person check average is around $4-$10. Locations are more than 25% franchised and are in CA, CO, HI and TX. We last wrote about
this concept in our 5/15/07 newsletter (9% growth).
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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Restaurantchains.net is presenting and moderating a panel as part of
the
Ferdinand
Metz
Foodservice Forum in New York City on March
11, 2008. Our presentation is in conjunction with Reed Exposition Services and the International Restaurant & Foodservice Show. Join me and our
distinguished panel of industry executives as we discuss our overall topic:
How growing companies adapt to the changing
environment.
Click here to see more...
.
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Protein supplies for 2009
The recently published USDA baseline projections do not paint a pretty picture for forthcoming
protein supplies in 2009 and 2010. Continued...
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Join the Dynamic Chains Rebate Cooperative. More than 100 companies have joined so far.
Did you
know?
You could
receive an average of between 1%-2% of purchases back in cash every year by joining our cooperative that you are not already receiving?
By joining
the
cooperative you would not have to change your buying habits, products purchased, distributor methods or
distributors?
You could still receive all your current discounts. These rebates are on top of
that?
Most restaurants are receiving only a fraction of rebates. As a result, we have launched the Dynamic
Chains Cooperative with no cost for the operator to join.
Continue to
see more...
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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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