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July 1,
2008
Data
reflects
change and
activity
during
the
most
recent
four-month period from February 23, 2008 to June 23, 2008
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A recent Top Ten winner on April's list.
Over
the years they 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 a complete system of training, development and execution. In June, the company
is opening its 20th location.
Continued...
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| Foster's Grille, a Top Ten winner on the April 2008 list has a strategy based on a
high
quality
family atmosphere and reasonably priced food. In recent months, Foster's has grown from19 to 22 units. The company is on track to open a new
location each month. Click for more info.
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| Pepperjax Grill with stores in NE and KS has 8 high volume locations. Far away from
Philly, Steak sandwiches is a specialty. Click for more
info.
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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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There will be no newsletter next week.
The following week we will be releasing the July, 2008 Top Ten
fastest growing concepts with less than 50 units.
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The May 2008 Top 20 list of the Fastest
Growing
Concepts with between 50-100 units. July, 2008 will be released the week after next. Continued...
The April 2008 Top Ten list of the Fastest Growing
Concepts with less than 50 units.
See
the
story and
who
made the list. Continued...
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Get your instant free trial today, Continued...
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Growing
Concepts that have grown by at least 5% (if less than 50
units).
New York, NY-based FIG & OLIVE has
increased by 1 unit, from 2 to 3 (50% growth). These upscale Mediterranean restaurants are open for lunch and dinner, with a $15-$30 per person
check average. Locations have a full bar and seating for about 125. Catering and banquets are available. All locations are in
NY.
City Of Industry, CA-based LOLLICUP (founded 2000) has increased by 4 units, from 63 to 67 (6% growth). These are quick serve
coffee & tea shops, open for lunch and dinner, with a $2-$6 per person check average. Locations have seating for about 30. Trading areas
are AZ, CA, CO, FL, GA, MA, MO, NJ, and UT, with locations opening soon in Las Vegas, NV and Alexandria, VA. Units are available through license
agreements.
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Concepts with 20 units or
less who grew by at least 2 units.
Salt Lake City, UT-based CAFE RIO (founded 1997) has increased by 2 units, from 17 to 19
(12% growth). These fast casual Mexican restaurants are open for lunch and dinner, with a $3-$8 per person check average. Seating is for
about 100. Catering is available. Trading areas are AZ, NV, and UT.
Scottsdale, AZ-based GRIMALDI'S COAL BRICK-OVEN PIZZERIA (founded 1931) has increased by 2 units, from 7 to 9 (29% growth) and
entered into TX. The restaurants are family/casual, open for lunch and dinner, with a full bar and seating for about 125. Per person check
average is $6-$12. Catering, delivery, and banquet services are available. Trading areas are AZ, NV, NY, and TX.
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Concepts previously written about in the past 18
months.
Weatherford, TX-based CHICKEN EXPRESS (founded 1988) has increased by 6 units, from 119 to 125
(5% growth). We previously wrote about this concept on 1/30/07 (6% growth). These are quick serve restaurants, open for lunch and dinner,
with a $3-$8 per person check average. Seating is for about 40. Catering is available. Trading areas are GA, OK, and TX. More
than 90% of units are franchised.
Richmond Heights, MO-based PANERA BREAD (NASDAQ: PNRA; founded 1981) has increased by 26 units for Panera Bread, from 1177 to 1203
(2% concept growth) and by 4 units for the Paradise Bakery & Café concept, from 65 to 69 (6% concept growth). Overall company increase from
1242 to 1272 (2% company growth). We wrote about this concept on 6/19/07 (9% company growth). The restaurants are fast casual
bakery/cafes, open for breakfast lunch and dinner, with a $3-$8 per person check average. Seating is for about 50. Catering is
available. Trading areas are AL, AR, AZ, CA, CO, CT, DE, FL, GA, IA, IL, IN, KS, KY, MA, MD, ME, MI, MN, MO, NC, NE, NH, NJ, NV, NY, OH, OK, OR,
PA, RI, SC, SD, TN, TX, UT, VA, WA, WI, and WV. About 60% of units are franchised.
Moncton, NB-based PIZZA DELIGHT (founded 1968) has increased by 3 units for the Scores Rotisserie concept, from 36 to 39 (8% concept
growth) and by 2 units for Baton Rouge Restaurant & Bar, from 21 to 23 (10% concept growth). The company also operates Mike's Restaurants (100
units) and Pizza Delight (99 units). Overall company growth is from 256 to 261 (2% company growth). We wrote about this concept on
12/11/07 (11% increase for Baton Rouge concept). Scores Rotisserie is a fast casual chicken restaurant, while Baton Rouge is a more upscale
restaurant and bar concept. The company offers catering, banquet, delivery and online reservations at its restaurant concepts. Trading
areas are AB, NB, NL, NS, ON, PE, and PQ.
Chicago, IL-based POTBELLY SANDWICH WORKS (founded 1977) has increased by 14 units, from 185 to 199 (8% growth) and entered into
NJ. We wrote about this concept three times previously (2/27/07-11% growth, 9/25/07-7% growth, and on 2/12/08-26% growth). The restaurants
are quick serve sandwich shops, open for lunch and dinner, with a $3-$8 per person check average. Units have seating for about 40.
Catering, delivery and online ordering are available. Trading areas are DC, IL, IN, MD, MI, MN, NJ, OH, PA, TX, VA, and WI, with a Florence, KY
location to open this fall.
Seattle, WA-based TACO DEL MAR (founded 1992) has increased by 13 units, from 273 to 286 (5% growth) and entered into FL. We
wrote about this concept on 2/13/07 (12% growth), 6/19/07 (9% growth) and on 10/16/07 (5% growth). These fast casual Mexican restaurants are
open for lunch and dinner, with a $4-$10 per person check average. Beer and wine are available. Seating is for about 30. Catering is
offered. Trading areas are AB, AK, AZ, BC, CA, CO, FL, HI, IA, ID, LA, MD, MI, MN, MT, ND, NE, NM, NV, OH, OK, ON, OR, SK, TN, TX, UT, WA, and
Puerto Rico. Between 90% and 100% of locations are franchised.
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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Grain Market Update and
Perspective
Hopefully, we will receive ideal weather the rest of the way and overall damage to the crops will be
minimized. But even if that occurs fairly inflated soybean and corn product markets are anticipated to persist and the chart below depicts one
of the reasons why. Continued...
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Restaurant
Cooperative
With costs rising, you need every edge available. We are confident you are leaving rebate
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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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