March 13, 2007

Data reflects change and activity during the most recent four-month period from:
11/08/06 to 03/08/07

RestaurantChains.net Alerts Newsletter

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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. Only Restaurant Chain personnel in our database and subscribers to Restaurantchains.net Pro receive a private, unabridged version of the newsletter including 11-14 alerts stories per week. All others receive an abridged version with the first 4 to 5 stories issued per week.

 

Growing concepts

Englewood, CO-based TOKYO JOE'S (founded 1996), has opened 2 units during the last four-month period, from 14 to 16 (14% growth). The restaurants are fast casual Japanese cuisine, with seating for about 125. Beer is served. Per person check average is about $4-$10. All locations are in CO.

Lubbock, TX-based ABUELO'S MEXICAN FOOD EMBASSY (founded 1989), has increased by 2 units, from 35 to 37 (6% growth) and entered into the states of FL and VA. Other trading areas are AR, AZ, IN, KS, KY, MI, MO, OH, OK, SC, TN, TX, and WI. These family/casual Mexican restaurants are open for lunch and dinner, with full bar, and seating for about 250. Per person check average is $8-$20. Catering and private party service is available.

SURF RIDER RESTAURANT based in Norfolk, VA (founded 1980) has opened 1 new location in Virginia Beach, VA growing from 5 to 6 locations (20% growth). These are family/casual seafood restaurants with a full bar and seating for about 150. The check average is around $8-$20 per person. All units are company owned and located in VA.

CHINA GRILL MANAGEMENT INC based in New York, NY (founded 1987) has opened a new concept called Kobe Club in NYC and is about to open a new concept called Suka in London, England, March ’07. The company now has a total of 24 upscale restaurants with multiple cuisines. The restaurants typically have full bar and seating for about 300. The per person check average is from $20-$50+ and banquets are available. Current concepts are: Asia De Cuba (4), Blue Door (1), China Grill (5), English Is Italian (1), Hudson Cafeteria (1), Kobe Club (1), Mix (1), Ono (1), Red Square (2), Red White & Blue (1), Rumjungle (1), Social (2), Spoon (1), Suka (1) and Tuscan Steak (1). Locations are in CA, FL, IL, NJ, NY, NV, Mexico and England.

MIMI'S CAFÉ of Tustin, CA (founded 1978 - public) has increased by 3 units from 104 to 107 (3% growth). The cafés are family/casual, open for breakfast, lunch and dinner with seating for about 250 and a per person check average of about $6-$12. Beer and wine is sold. The company no longer owns the Lazy Dog Café concept. Mimi’s is a concept of Bob Evans Farms Restaurants. Units are currently located in AR, AZ, CA, CO, FL, GA, IN, KS, KY, MO, NC, NE, NM, NV, OH, OK, SC, TN, TX and UT. We last reported on this concept in our 3/28/06 newsletter when they had 10% growth.

To view the contact personnel, company particulars and the additional 7 stories this week, please follow this link to subscription information.





Restaurant Incubator Index updated

FEBRUARY results are posted. The index reflects...
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January's top 10 growing concepts list

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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. Reproduction is allowed, but RestaurantChains.net must be listed as the source. Media inquiries are welcome. Please call 914-591-4297.

 

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Keith Gellman
Restaurantchains.net
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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. Reproduction is allowed, but credit must be given. Media inquiries are welcome. Please call 914-591-4297.

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