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June 10,
2008
Data
reflects
change and
activity
during
the
most
recent
four-month period from February 2, 2008 to June 2, 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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New- The May 2008 Top 20 list of the Fastest Growing
Concepts with between 50-100 units. 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).
Arizona-based BURRITO EXPRESS (founded 1995) has increased by 1 unit, from 2 to 3
(50% growth). The restaurants are mostly take-out, open for breakfast, lunch and dinner. Catering and delivery are available. All
units are in AZ.
Boca Raton, FL-based ROTELLI PIZZA & PASTA (founded 1999) has increased by 3 units, from 30 to 33 (10%
growth). These family/casual Italian & pizza restaurants are open for lunch and dinner, with a $6-$15+ per person check average. Beer and
wine are served. Seating is for about 100. Catering and delivery are available. Trading areas are CO, FL, NC, OH, PA, and SC.
All units are franchised.
Ann Arbor, MI-based COTTAGE INN PIZZA (founded 1948) has increased by 3 units for the Cottage Inn
Pizza concept, from 77 to 80 (4% concept growth). The company also operates a 1-unit, upscale concept called Quarter Bistro. Overall
company increase was from 78 to 81 (4% company growth). These quick serve pizzerias are open for lunch and dinner. Delivery is
available. Trading areas are IN, MI, and OH. More than 90% of locations are franchised.
BAGEL BAGEL
CAFÉ of Tallahassee, FL (founded 1991) has increased by 1 unit, from 7 to 8 (14% growth). These are fast casual units with seating
for about 50. The check average is around $3-$8 per person. Catering is offered. Locations are more than 10% franchised and are in
FL. There are plans for another location to open in Orlando,
FL.
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Concepts with 20 units or less who grew by at least 2 units.
HIGH TECH BURRITO of Rohnert Park, CA (founded 1986) has increased by 2 units, from 13 to 15 (15%
growth). These are fast casual Mexican restaurants serving beer and wine. Seating is for around 50. The per person check average is
around $3-$8. All are located in CA.
RIB CITY GRILL based in Fort Myers, FL (founded 1989) has increased by 5 units, from 18 to 23 (28% concept
growth) and expanded into MI. There is a second concept called The Veranda Restaurant (1 unit). Overall company growth is from 19 to 24
(26% growth). These are family/casual BBQ restaurants with full bar and seating for around 100. The per person check average is about
$8-$20. Locations are in CO, FL, MI, OH, UT and WI.
BIG CITY BURRITO of Fort Collins, CO (founded 1994) has increased by 2 units, from 12 to 14 (17%
growth). These are fast casual Mexican restaurants serving beer and wine. Seating is for around 50. The check average is about $3-$8
per person. Catering is offered. Locations are more than 90% franchised and are in CO, HI, NE, SD and WY.
LA FOGATA of Mauldin, SC has increased by 3 units, from 11 to 14 (27% growth). These are family/casual
Mexican restaurants with full bar and seating for around 100. The per person check average is around $4-$10+. Locations are in NC and
SC.
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Concepts previously written about in the past 18
months.
Haymarket, VA-based FOSTER'S GRILLE (founded 1999) has increased by 3 units, from 19 to 22 (16%
growth). We wrote about this concept once before on 1/15/08 (36% growth). These are family/casual American restaurants, open for lunch and
dinner, with a $6-$15+ per person check average. Beer and wine are served. Seating is for about 100. About 70% of units are
franchised. Locations are in FL, GA, MD, MO, NC, and VA.
Costa Mesa, CA-based EL POLLO LOCO (founded 1975) has increased
by 19 units, from 380 to 399 (5% growth) and entered into WA. We featured this concept on 2/20/07 (4% growth) and on 2/5/08 (4% growth).
These quick serve Mexican restaurants are open for lunch and dinner, with a $2-$6 per person check average. Catering is available. Between
50% and 60% of units are franchised. Trading areas are AZ, CA, CO, CT, GA, IL, MA, NV, TX, and WA.
Toronto, ON-based PIZZA
NOVA (founded 1963) has increased by 9 units, from 110 to 119 (8% growth). We previously featured this concept on 1/8/08 (11%
growth). These quick serve pizzerias are open for lunch and dinner. Delivery is available. Trading areas are NJ, ON, and PQ.
More than 90% of locations are franchised.
Coppell, TX-based CICI'S PIZZA (founded 1985) has increased by 10 units, from 621
to 631 (2% growth) and entered into MN. We wrote about this concept on 6/19/07 (2% growth). These are pizza buffet restaurants, open for
lunch and dinner. Seating is for about 200. Catering is available. Trading areas are AL, AR, AZ, CO, FL, GA, IA, IL, IN, KS, KY, LA,
MD, MI, MN, MO, MS, NC, NE, NM, NV, OH, OK, PA, SC, SD, TN, TX, VA, and WV. More than 90% of locations are franchised.
CHEZ CORA based in Ste-therese, Québec (founded 1987) has increased by 2 units, from 90 to 92 (2%
growth). These are family/casual restaurants open for breakfast and lunch. Seating is for about 125 and beer and wine are served.
Locations are in AB, MB, NB, NL, NS, ON, PE and PQ. We wrote about this concept in our 4/3/07 newsletter (6% growth) and our 10/16/07 newsletter
(3% growth).
JOHNNY'S NY STYLE PIZZA of Fayetteville, GA (founded 1977) has increased 4 units for the Johnny's NY Style
Pizza concept, from 54 to 58 (7% growth) and by 3 units for the Johnny Brusco's concept, from 10 to 13 (30% growth). Overall company increase is
from 64 to 71 (11% growth). Units are quick serve with seating for about 90. Beer and wine are served and catering is offered. The
per person check average is around $4-$10. Locations are in GA, KS, MS, TN, TX and the company has now expanded into AR and NC. We
reported on this concept two previous newsletters, 1/9/07 (15% growth) and 10/16/07 (5%
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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Insights from the publisher
on the
current state of
the industry.
Restaurants with $10 meals or more per person are having some trouble
attracting
customers. $15-25
averages are having very challenging times keeping their restaurants filled during the weekdays.
$8 is the new $6. Fast food and quick service meal averages of $5-$6 and
less are
dominating the landscape for the everyday
meal. Bagels, Pizza, Coffee, Mexican, Wraps and all things QSR are staying above water or improving their comparative sales.
There are some bright spots in the remainder of the universe:
Ultra-specialty locations are enjoying decent strength.
Bar & Grill concepts are making a resurgence where new leaders are emerging.
The
theme
is back to basics where everybody knows your name. They are providing just the right mix of service, food quality, comfort and value. We anticipate
years
of growth in this area.
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Beef Buying Opportunity Knocking?
The chart of the week is the weekly USDA choice boxed beef cutout which is an index of choice beef
prices. The choice boxed beef cutout has hovered at relatively inflated levels for roughly 8 weeks after trading at historically low levels
earlier this year. As noted in the Weekly Commodity Report, the USDA choice boxed beef cutout is anticipated to depreciate during the next few
months. Continued...
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Restaurant
Cooperative
With costs rising, you need every edge available. We
are
confident you
are
leaving rebate dollars on the table that you would receive by joining our group.
There is no cost to join and our service is designed
so
your
current
habits
remain the same. You don't change your current deals, distributors, sales people or items purchased.
Continue to learn 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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