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February 26,
2008
Data
reflects
change and
activity
during
the
most
recent
four-month period from October 20, 2007 to February 20, 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).
Boston,
MA-based LEGAL SEAFOODS
(founded 1950) has increased by 2 units, from 31 to 33 (6% growth). These are upscale seafood restaurants, open for lunch and dinner, with a
$30-$50 per person check average. Seating is for about 150, with a full bar. Catering and banquet facilities are available. Trading
areas are DC, FL, MA, MD, NJ, NY, PA, RI, and VA.
Gold River, CA-based STRINGS ITALIAN CAFE (founded 1999) has
increased 2 units, from 32 to 34 (6% growth). The restaurants are family/casual, open for lunch and dinner, with an $8-$20 per person check
average. Seating is for about 100. Beer and wine are served. Between 70 and 80% of units are franchised. The locations are in
CA and NV.
Scottsdale, AZ-based EL PASO BAR-B-QUE CO (founded 1991) has increased by 1 unit, from 8 to 9 (13% growth).
These are family/casual BBQ restaurants, open for lunch and dinner, with a $6-$15+ per person check average. All units have a full bar.
Average seating is for about 250. Catering is available. All locations are in AZ.
PACINI'S ITALIAN EATERY based in Marshfield, MA (founded 1992) has increased by 1 unit, from 4 to 5 (25%
growth). Locations are family/casual Italian and Pizza units with full bar and seating for about 250. The per person check average is
around $8-$20. All are located in MA.
PUTTER'S BAR & GRILL based in Las Vegas, NV has increased by 1 unit, from 7 to 8 (14% growth). Locations
are open for breakfast, lunch and dinner. Full bar is offered and seating is for about 150. Catering and banquets are offered. All
are in NV.
AMERICAN PIE PIZZA CO based in Winter Garden, FL has increased by 1 unit, from 11 to 12 (9% growth).
These are family style pizza restaurants with seating for around 70. Beer and wine are served and catering and banquets are offered. Locations
are more than 90% franchised and are in FL.
RAM INTERNATIONAL headquartered in Tacoma, WA (founded 1971) has increased by 2 units for their Ram Restaurant
concept, from 15 to 17 (13% concept growth) and 1 unit for their CB & Potts concept, from 6 to 7 (17% concept growth). The overall company
growth is from 26 to 29 (12% growth). Locations are family/casual with full bar and seating for about 300. The check average is around
$8-$20 per person. Current concepts are C. I. Shenanigan's (3), CB & Potts (7), Murphy's Steak & Seafood (1), Ram Restaurant (17) and
Stonehouse (1). Units are in CO, ID, IL, IN, OR, WA and WY.
COPPER CELLAR CORP of Knoxville, TN (founded 1975) has increased by 1 unit for their Smoky Mountain Brewery
concept, from 2 to 3 (50% concept growth). Units are family/casual with full bar and seating for around 250. The per person check average
is around $10-$30. Overall company increase is from 17 to 18 (6% company growth). Current concepts are Calhoun's (9), Cappuccino's (1),
Cherokee Grill (1), Chesapeake's (1), Copper Cellar (2), Cumberland Grill (1) and Smoky Mountain Brewery (3). Locations are in
TN.
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Concepts with 20 units or less who grew by at least 2 units.
The New Hampshire-based pizza chain PIZZA MARKET has increased
by 2 units, from 15 to 17 (13% growth). These are fast casual Italian & pizza restaurants, open for lunch and dinner, with seating for about
70. Delivery and online ordering are available. Locations are in MA, ME, and NH.
Gilbert, AZ-based NATIVE NEW
YORKER (founded 1979) has increased by 5 units, from 18 to 23 (28% growth). These are family/casual American restaurants, with a
$6-$15+ per person check average. Seating is for about 200, with a full bar. Meal periods are lunch and dinner. Catering and
private party facilities are available. All locations are franchised and all are located in AZ.
TOSSED of Fort Lauderdale, FL (founded 1998) has increased by 3 units, from 9 to 12
(33% growth) and expanded into CA and IN. These are fast casual American restaurants with seating for about 50. Beer and wine are served and
catering and banquets are offered. Locations are 75% franchised and are in CA, FL, GA, IN, MA, NJ, NY, TN and TX. There are plans to
expand into AZ and NC during 2008.
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.
Albuquerque, NM-based KEVA JUICE (founded 1996) has increased by 3 units, from 58 to 61 (5% growth). We
previously featured this concept in our 2/7/07 newsletter (3% growth). These quick serve, juice/smoothie cafes are open for breakfast lunch and
dinner hours, with a $2-$6 per person check average. Units have seating for about 10. Trading areas are AZ, CA, CO, FL, ID, NC, NM, NV,
NY, TN, TX, UT, and WA. More than 90% of locations are franchised.
La Mirada, CA-based ELEPHANT BAR RESTAURANTS
(founded 1993) has increased by 3 units, from 42 to 45 (7% growth) and entered into FL. We wrote about this concept in our 2/7/07 newsletter
(17% growth). The restaurants are family/casual, serving American cuisine. Meal periods are lunch and dinner, with a $10-$30 per person
check average. All locations have a full bar, with seating for about 300. Trading areas are AZ, CA, CO, FL, IL, KS, MO, NM, NV, OH, and
OK.
Tampa, FL-based MELTING POT (founded 1975) has increased by 9 units, from 120 to 129 (8% growth) and entered into
NY. We've written about this concept 3 times before (8/16/06-7% growth, 1/16/07-4% growth, and 7/2/07-5% growth). These are upscale
fondue restaurants, open for dinner only. Per person check average is about $15-$50. Locations have a full bar, with seating for about
200. Private party facilities are available. Trading areas are AL, AZ, CA, CO, CT, DC, DE, FL, GA, ID, IL, IN, KY, LA, MA, MD, MI, MN,
MO, NC, NE, NJ, NM, NV, NY, OH, OK, OR, PA, SC, TN, TX, UT, VA, WA, and WI, with new locations to open in HI and RI later this year. All units
are franchised.
RITA'S ITALIAN ICE headquartered in Trevose, PA (founded 1984) has increased by 69 units, from 436 to 505 (16%
growth). These are take-out ice cream stores, some with seating for about 20. Many are located in malls. Units are more than 90%
franchised and are in CT, DC, DE, FL, GA, MA, MD, NC, NJ, NY, OH, PA, RI, SC, VA and WV. We wrote about this concept in our 5/7/07 newsletter
(8% growth) and our 11/6/07 newsletter (14% growth).
RUDY'S COUNTRY STORE BBQ of Austin, TX (founded 1989) has increased by 2 units, from 22 to 24 (9%
growth). Units are family casual serving beer. Seating is for around 200. The per person check average is around $6-$12.
Catering is offered. Locations are 33% franchised and are in NM, OK and TX. We reported on this concept in our 12/26/07 newsletter when
they had 29% 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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Pork Supplies and food costs.
Smithfield, the largest hog producer and pork processor in the world,
recently announced that they will cut their swine breeding herd by 5%. 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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Restaurantchains.net has
joined Dynamic
Chains.
After exhaustive investigation, discussion and pre-launch work, RestaurantChains.net has joined Dynamic Chains as a managing
member.
This is our primary extension of group
benefits for our
community of restaurant
operators. It is free and you don't need to change any of your distributors or buying
habits. The cash back could be
significant.
Become a charter member
We are about to launch with the first
round of charter
members.
Companies who have joined in the first
round will receive
70% of available rebate
dollars. 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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