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March 18,
2008
Data
reflects
change and
activity
during
the
most
recent
four-month period from November 11, 2007 to March 11, 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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Join Foodserviceclub
We began a social networking site for the foodservice professional. There you can respond to
posts,
create posts, invite others and learn from interaction. So far in two weeks we have 153 members. Click to join.
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February 08' is now posted.
The
February gain was the tenth straight growth month. A few chains with explosive growth caused the index increase. Continue and see
results.
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Growing Concepts that
have grown by at least 5% (if less than 50 units).
Boston, MA-based BOSTON BEER WORKS (founded 1992) has increased by 1 unit, from 3 to 4 (33% growth).
These family casual bar & grill restaurants are open for lunch and dinner, with an $8-$20 per person check average. Units have a full bar and
seating for about 500. Banquet & catering services are available. All locations are in MA.
PA-based MONTE CELLO'S
(founded 1980) has increased by 1 unit, from 8 to 9 (13% growth) and entered into the state of AZ. Other locations are in PA. These are
family/casual Italian and pizza restaurants, with a $6-$12 per person check average. Units have a full bar and seating for about 150.
Meal periods are lunch and dinner. Catering, banquet and delivery services are available. Between 70 and 80% of units are
franchised.
Atlanta, GA-based MOE'S SOUTHWEST GRILL (founded 2000) has increased by 9 units, from 372 to 381 (2% growth) and
entered into WV. These are fast casual Mexican restaurants, open for lunch and dinner, with a $4-$10 per person check average. Locations
serve beer and wine. Seating is for about 90. Catering is available. Trading areas are AL, AR, AZ, CO, CT, DC, DE, FL, GA, HI, IL,
IN, KS, KY, LA, MA
MD, MI, MO, NC, ND, NE, NJ, NY, OH, OK, OR, PA, SC, TN, TX, VA, VT, WI, and WV. All units are franchised. Moe's is
a subsidiary of Atlanta, GA-based Focus
Brands.
WECK'S FOR BREAKFAST & LUNCH based in Albuquerque, NM (founded 1991) has increased by 1 unit, from 6 to 7 (17%
growth). Restaurants are family/casual with seating for about 125. The per person check average is around $3-$8. Catering and
banquets are offered. Locations are company owned and are in NM and TX.
BARBERITOS of Athens, GA (founded 2000) has increased by 1 unit, from 19 to 20 (5% growth). These are
fast casual Mexican restaurants with seating for about 90. The check average is around $3-$8 per person. Catering is offered.
Locations are more than 90% franchised and are in GA, NC, SC, and TN.
THAI COTTAGE of TX has increased by 1 unit for their Thai Cottage concept, from 5 to 6 (20% concept
growth). The overall company growth is from 6 to 7 (17% overall growth). Units are family/casual Thai restaurants with seating for about
80. Beer and wine are served. The check average is around $6-$12 per person. There is a second company concept called Blue Fish
House with 1 unit. All are located in TX.
WAGAMAMA of Boston, MA (founded 1992) has increased by 11 units, from 79 to 90 (14% growth). These are
fast casual Japanese restaurants with seating for around 125. Beer and wine and catering are offered. The check average is around $6-$15+
per person. Locations are 44% franchised and are in MA, Europe, Australia and the Middle East.
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Concepts with 20 units or less who grew by at least 2
units.
IL-based SUSHI HOUSE (founded 1995) has increased by 2 units, from 5 to 7 (40% growth).
These are family/casual sushi restaurants, open for lunch and dinner, with an $8-$20 per person check average. Locations serve beer and
wine. Seating is for about 90. Catering and banquet services are available. Trading areas are IL and KS.
ANTHONY'S COAL FIRED PIZZA of Aventura, FL (founded 2002) has increased by
2
units, from 7 to 9 (29% growth). These are family/casual pizza restaurants with full bar and seating for about 70. All are located in
FL.
Do you ever think you would need a restaurant consultant?
In the first place, a real Restaurant consultant is very rare. For those of us to succeed we have to have operational
viewpoints in all aspects of the industry. Our goal is to provide a quantifiable payback to our clients. Continued...
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Concepts previously written about in the past 18
months.
Covington, LA-based WOW CAFE &
WINGERY (founded 2001) has increased by 6 units, from 40 to 46 (15% growth) and entered into TN. We wrote about this concept on
1/23/07 (50% growth), 7/23/07 (10% growth), and on 11/13/07 (21% growth). These fast casual chicken restaurants are open for lunch and dinner,
with a $4-$10 per person check average. Beer is served. Seating is for about 90. Catering is available. More than 90% of units are
franchised. Trading areas are AL, CA, DC, GA, IL, LA, MD, MN, MO, MS, MT, NC, NJ, NM, NY, PA, TN, TX, VA, and VT.
Atlanta, GA-based
SHANE'S RIB SHACK has increased by 9 units, from 70 to 79 (13% growth) and entered into NV. We wrote about Shane's in our
4/10/07 newsletter (30% growth). They were also ranked #2 on our April '07 Top Ten Fastest Growing Concepts list. The restaurants
are a quick serve BBQ concept, open for lunch and dinner. Per person check average is $3-$8. Beer is served. Units have seating for
about 70. Catering is available. Trading areas are AZ, FL, GA, IA, KY, MD, NC, NV, OH, SC, TN, and VA. All units are
franchised. Shane's is a subsidiary of Atlanta, GA-based Raving Brands.
Tulsa, OK-based AMERICA'S INCREDIBLE PIZZA CO
(founded 2002) has increased by 2 units, from 13 to 15 (15% growth) and entered into TN. We wrote about this concept twice before (4/24/07-43%
growth and 10/16/07-30% growth). These are pizza buffet restaurants, open for lunch and dinner, with seating for about 450. Private party
space is available. Trading areas are LA, MO, OK, TN, and TX. About 60% of units are
franchised.
PANDA RESTAURANT GROUP of Rosemead, CA (founded 1983) has increased by 66 units for their Panda Express
concept, from 1014 to 1080 (7% concept growth) and expanded into DC. Overall company increase is from 1047 to 1113 (6% overall growth).
Units are fast casual serving Asian food. The per person check average is around $3-$8. Catering is offered. Other concepts are Panda Inn
(7 – upscale) and Hibachi- San (26 – family). We last reported on this company’s growth in our 5/12/07 newsletter (8%
growth). Locations are in AZ, CA, CO, CT, FL, GA, HI, IA, ID, IL, IN, KS, LA, MA, MD, ME, MI, MN, MO, NC, NE, NJ, NM, NV, NY, OH, OK, OR, PA,
RI, TN, TX, UT, VA, WA and WI.
MADE IN JAPAN TERIYAKI EXPERIENCE based in Oakville, ON (founded 1986) has increased by 5 units, from 112 to
117 (4% growth) and expanded into CA. These are fast casual Japanese restaurants. Many are located in food courts but some with limited
seating. The per person check average is around $3-$8. Catering is offered. We reported on this concept in our 5/1/07 newsletter
(19% growth) and our 10/30/07 newsletter (7% growth). All locations are franchised and are in AB, BC, CA, GA, MB, NB, NS, ON, PQ, Italy and the
Middle East. There are plans for rapid US expansion into FL, IA and NY.
MARIO BATALI RESTAURANTS based in New York, NY has increased by 1 unit, from 12 to 13 (8% growth). The
company opened a new Italian Steakhouse concept called Carnevino at the new Palazzo Hotel in Las Vegas, NV. Company concepts tend to be upscale
with full bar and seating for around 80. The check averages are around $20-$50+ per person. Concepts are B & B Ristorante (1), Babbo (1),
Bar Jamon (1), Carnevino (1), Casa Mono (1), Del Posto (1), Enoteca San Marco (1), Esca (1), Lupa (1), Osteria Mozza (1), Otto Enoteca (1), Pizzeria
Mozza (1) and Spotted Pig (1). Locations are in CA, NV and NY. We previously reported on this company in our 3/27/07 newsletter (14%
growth) and our 10/30/07 newsletter (33% 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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Choice Beef Galore
US beef production through the first two months of this year
is estimated to be 1.2% larger than a year ago. But because of the increase in the percentage of cattle grading choice, 2008 choice beef output
through February is estimated to be a whopping 5% or almost 120 million pounds more than the prior year.
Continued...
2009 Protein, Dairy and Grain Market Forecasts from some of the foremost food commodity
economists
in the
country. Monday May 19, 2008 in Chicago- the same week as the National Restaurant Show. Visit www.WindyCityCommodityExchange.com or call 888-423-4411 to
learn more.
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Receive an average of 1%-2% back on purchases in cash, every calendar
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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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