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WHAT'S NEW, Specialty releases:
Coming next week!! Our 2011 4th Quarter Trading Area report
October, 2011 Top Ten Fastest Growing Concepts list. Continued...
Concepts that have grown by at least 5% (if less than 50 units).
BETTER FOODS INC based in Nitro, WV has increased by 5 units for Tudor's Biscuit World, from 57 to 62 (9% growth). These are quick serve units with seating for around 50. Meal periods are breakfast, lunch and dinner. Per person check average is around $4-$10. There is a second company concept called Gino's Pizza & Spaghetti (53). Overall company increase is from 110 to 115 (5% company growth). Locations are in KY, OH and WV.
Emerging and Re-emerging Concepts
Concepts with 20 units or less who grew by at least 2 units.
BRUCE CAREY RESTAURANTS based in Portland, OR (founded 2000) has increased by 6 units, from 4 to 10 (150% growth), adding a new concept called Via Tribu Nali and expanding into WA. Other company concepts are 23 Hoyt (1), Bluehour (1), Clarklewis (1) and Saucebox (1). Units tend to be upscale with full bar and seating for around 150. Meal periods are lunch and dinner. Banquets are offered. Per person check average is around $15-$50+. Locations are in OR and WA. There are plans to open a new location for Via Tribu Nali in New York, NY, February, 2012.
A J GATOR'S SPORTS BAR & GRILL based in Chesapeake, VA (founded 1996) has increased by 3 units, from 11 to 14 (27% growth) and expanded into NC. These are family/casual restaurants serving lunch and dinner. Per person check average is around $6-$15+. Seating is for around 150. Catering and banquets are offered. Some locations are franchised. Trading areas are NC and VA.
California-based NATIVE FOODS CAFÉ (founded 1994) has increased by 4 units, from 7 to 11 (57% growth) and entered into IL and OR. This is a fast casual vegetarian concept, open for lunch and dinner. Per person price range is $6-$12, serving beer and wine. Units seat about 40 and offer catering and online ordering services. Locations are in CA, IL, and OR.
Orem, UT-based SPOON ME (founded 2007) has increased by 3 units, from 10 to 13 (30% growth) and entered into CA, NJ, OH, and VA. This is a quick serve frozen yogurt concept, open for lunch and dinner hours. Per person price range is $2-$6. Units have limited seating. The stores are franchised and trade in AB, CA, NJ, OH, UT, and VA.
Middletown, NY-based PLANET WINGS (founded 1994) has increased by 9 units, from 19 to 28 (47% growth). These quick serve restaurants serve a variety of Mexican and American cuisine, but specialize in chicken wings. Per person price range is $6-$12. Units seat about 30. Locations are franchised and trade in NJ, NY, and TN.
Concepts previously written about in the past 18 months.
Dallas, TX-based DAVE & BUSTER'S (founded 1982) has increased by 2 units, from 57 to 59 (4% growth) and entered into MA. These are family/casual arcade restaurants, serving American food. The restaurants seat around 450, specializing in parties and events. Meal periods are lunch and dinner, with a $10-$30 per person check average. Full bar is served. Trading areas are AZ, CA, CO, FL, GA, HI, IL, IN, KS, MA, MD, MI, MN, MO, NC, NE, NY, OH, OK, ON, PA, RI, TN, TX, VA, and WI. We last featured this concept on 8/10/10 (2% growth).