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January 8, 2008
Data reflects change and activity during the most
recent
four-month period from August 30, 2007 to December 30, 2007
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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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Just
released.
The January 2008 Top Ten list of
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...
Next week we will be releasing Top roundup lists
from
2007.
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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.
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Growing Concepts that
have grown by at least 5% (if less than 50 units).
Norwalk, CT-based SIERRA GRILLE has opened a new unit, from 5 to 6 (20% growth). The
restaurants are fast casual, serving American style cuisine. Meal periods are lunch and dinner, with a $6-$12 per person check average.
Seating is for about 80. Beer and wine is offered at all stores. Locations are in the states of CT and FL.
Fairfield, OH-based SKYLINE CHILI (founded 1949) has opened 3 units, from 137 to 140 (2%
growth). The restaurants are family/casual, with a $4-$10 per person check average. Meal periods are lunch and dinner. Seating is
for about 100. Between 70%-80% of locations are franchised. Trading areas are FL, IN, KY, and OH.
LION'S CHOICE of St Louis, MO (founded 1967) has increased by 2 units, from 26 to 28 (8% growth)
and expanded into OK. These are fast casual sandwich shops with seating for around 70. The per person check average is around
$4-$10. Units are currently located in FL, IL, MO, MS and OK. There are plans to expand into TX. About 50% of locations are
franchised.
PARASOLE RESTAURANT HOLDINGS headquartered in Edina, MN (founded 1979) has
added a new concept called Pittsburgh Blue Steakhouse (1-unit). Overall company growth is from 7 to 8 units (14% growth). Current
concepts are Chino Latino (1), Figlio (1), Good Earth (2), Manny's Steaks (1), Muffuletta (1), Pittsburgh Blue Steakhouse (1) and Salut Bar Americain
(1). Units tend to be upscale with multiple cuisines including American, Mexican and several steakhouses. Seating is for about 300 and
full bar is offered. The check average is around $30-$50 per person. Catering and banquets are offered. All locations are in
MN. |
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Concepts
with 20 units or less who grew by at least 2 units.
Clayton, MO-based J BUCK'S RESTAURANT (founded 1999) has opened 2 units, from 5 to 7 (40%
growth). These family/casual American restaurants are open for lunch and dinner, with a $10-$30 per person check average. Units seat
about 250 and have full bars. Banquet facilities are available. Trading areas are IL and MO.
Phoenix, AZ-based MACAYO MEXICAN KITCHEN (founded 1946) has opened 2 units, from 17 to 19 (12%
growth). The restaurants are family/casual, with an $8-$20 per person check average. Meal periods are lunch and dinner. Locations
have full bar service. Catering and banquet facilities are available. Units are in AZ and CA.
Culver City, CA-based THE COUNTER (founded 2003) has opened 4 units, from 3 to 7 (133% growth)
and entered into 3 states (FL, NC, TX). These family/casual restaurants are open for lunch and dinner, specializing in a "create your own
burger" menu. Per person check average is $6-$15+. There is a full bar and seating for about 100. Between 80% and 90% of units are
franchised. Trading areas are CA, FL, NC, and TX.
CARTEL GROUP based in Atlanta, GA (founded 2002) has increased 2 units for the Little Anzio concept, from 7 to
9 (29% concept growth), with an overall company increase of 8 to 10 (25% company growth). These are family/casual restaurants serving pizza
and pasta. Full bar is offered and seating is for around 100. The per person check average is around $6-$15+. Current concepts are
Little Azio's (9) and Nickiemoto's (1). All are located in GA.
KRIEGER'S YOUR HOMETOWN SPORTS GRILL of Maryland Heights, MO (founded 1991) has increased by 2 units, from 15
to 17 (13% growth). Units are family/casual serving American cuisine. Seating is for about 200 and catering is offered. The per
person check average is around $8-20. Locations are about 70% franchised and located in IA, IL and MO.
PIZZA MY HEART headquartered in Campbell, CA (founded 1981) has increased by 2 units, from 12 to 14 (17%
growth). These are family/casual restaurants with seating for about 50. Beer and wine is on the menu. All locations are company
owned and located in CA.
JITTERY JOE'S COFFEE based in Athens, GA (founded 1994) has increased by 3 units, from 9 to 12 (33% growth)
and expanded into SC. These are quick serve coffee shops with seating for about 20. Catering is offered and the per person check average
is around $2-$6. Stores are currently located in GA and SC. About 50% of locations are franchised.
CONNORS CONCEPTS headquartered in Knoxville, TN (founded 1992) has increased by 2 units, from 13 to 15 (15%
growth) and expanded into AL. They added 1 unit for their Chop House concept from 10 to 11 and 1 unit for their Connor's concept, from 2 to
3. Units tend to be family/casual with steak and seafood cuisine. Seating is for about 200 and banquets and full bar are offered.
The check average is around $15-$30+ per person. Locations are currently in AL, KY, OH and TN.
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Concepts previously written about in the past 18
months.
Lorton, VA-based FIVE GUYS BURGERS &
FRIES (founded 1986) has opened 57 units, from 183 to 240 (31% growth) and entered into 3 states (AL, WI, WV). We have written about
this concept three times previously (8/23/06-21% growth, 2/13/07-24% growth, and 8/14/07-41% growth). Overall one year growth was from 105 to
240
(129%) units. These are fast casual burger restaurants, open for lunch and dinner, with a $3-$8 per person check average. Seating is for
about
50. More than 90% of units are franchised. Trading areas are AL, CT, DC, DE, FL, GA, IN, MD, NC, NJ, NY, OH, PA, SC, TN, VA, WI, and
WV.
Addison, TX-based NEIGHBORHOOD VENTURES INC (founded 1995) has opened 6 units for their Fish City Grill
concept, from 12 to 18 (50% concept growth) and has entered into the states of CO and FL. The company also operates 2 other restaurants, Half
Shells Oyster Bar and Half Shells Seafood Grill. Overall company increase was from 14 to 20 units (43% growth). We featured this concept
once before in our 1/2/07 newsletter (57% growth). Fish City Grill also ranked as #4 on our January '07 Top Ten Fastest Growing
Restaurant Concepts list. These are family/casual seafood restaurants, open for lunch and dinner, with a $10-$30 per person check
average. Units have seating for about 80, with a full bar. More than half of units are franchised. Trading areas are AR, CO, FL,
OK, and TX. New locations are scheduled to open in Savannah, GA and Baton Rouge, LA later this year.
Sterling Heights, MI-based JET'S PIZZA (founded 1978) has opened 7 units, from 137 to 144 (5% growth) and
entered into TX. We wrote about this concept in two other newsletter; in our 7/31/06 newsletter (7% growth) and in 6/27/07 (5% growth).
The
restaurants are take-out/delivery, open for lunch and dinner. Between 80% and 90% of units are franchised. Trading areas are FL, MI, NC,
OH, TN, and TX.
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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Pork
Supplies for the Long Run.
Hog farmer profitability is thought to
be extremely poor which can lead to a contraction in the swine herd and higher pork prices. 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 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
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