| St Louis, MO-based BANDANA'S BAR-B-Q
(founded 1996), has opened 2 new locations, from
19 to 21 (11% growth) and expanded into the state
of IA. Other trading areas are CO, IL, and MO.
These family/casual barbeque restaurants are open
for lunch and dinner, with a per person check
average of $8-$20, serving beer and wine. Locations
seat about 150. Catering service is available.
Less than 20% of units are franchised.
Stuart, FL-based HURRICANE GRILL & WINGS
(founded 1995), has increased by 4 units, from
8 to 12 (50% growth). Restaurants are family/casual,
serving beer and wine, with seating for about
125. Per person check average is $6-$12. Locations
are open for lunch and dinner. More than 90% of
units are franchised. All locations are in FL,
with GA and NV units in planning stages.
Mt Pleasant, SC-based WILD WING CAFÉ (founded
1990), has increased by 2 units during the period,
from 22 to 24 (9% growth), and now has locations
in TX. Restaurants are family/casual, with a per
person check average of $6-$15. All locations
are open for lunch and dinner, with full bar service.
Catering facilities are available at all restaurants.
Units are in the states of GA, NC, SC, TX, and
VA, with a Tampa, FL location opening this spring.
More than 60% of locations are franchised.
Vancouver, British Columbia-based MR MIKE'S
STEAKHOUSE & BAR (founded 1960), has increased
by 2 units, from 7 to 9 (29% growth). This chain
was last featured in our 10/17/06 newsletter as
having a 40% growth. These steakhouses are family/casual
style, open for lunch and dinner, with a per person
check average of $10-$30. Restaurants serve a
full bar and have seating for about 200. Locations
are in the provinces of AB and BC. More than 50%
of locations are franchised.
IT'S A GRIND COFFEE HOUSE of Long Beach,
CA (founded 1994) has increased by 12 units from
94 to 106 (13% growth) and entered into the states
of KY and NJ. We have previously highlighted this
company in our 6/13/06 newsletter (16% growth)
and our 11/15/06 newsletter (11% growth). There
has been a one-year total of 33 new units (45%
one-year growth). The cafes are quick serve, and
have per person check averages of $2-$6. Average
location seats 40 (1250 sq ft) and catering service
is available. Locations are currently in AZ, CA,
CO, CT, FL, GA, KY, MI, MO, NC, NJ, NV, TN, TX
and UT. More than 90% of locations are franchised.
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