| Newport Beach, CA-based ZPIZZA
(founded 1986) has opened 7 units, from 51 to
58 (14% growth), while also closing 2 units,
pulling out of the states of CO and VT. Restaurants
are quick serve, with catering and online ordering
available. Units seat about 30. Beer and wine
is offered at some locations. More than 70%
of locations are franchised. Trading areas are
the states of AZ, CA, KS, MD, NC, NV, TN, and
VA, with a location planned in Alpharetta, GA
this spring.
Riverside, CA-based FARMER BOYS (founded
1981) has opened 2 units during the period,
from 55 to 57 (4% growth). These family/casual
American restaurants are open for breakfast,
lunch and dinner, with a per person check average
of $4-$10 and seating for about 150. More than
70% of locations are franchised. All units are
in CA.
SHANE'S RIB SHACK has added another 12
units, from 40 to 52 (30% growth) and expanded
into SC. The company is currently number 2 on
April’s Top Ten fastest growing concept list.
These are quick serve BBQ units that serve beer
and have seating for about 70. Per person check
average is about $3-$8 and catering and banquet
services are available. Shane’s is a concept
of Raving Brands. Locations are currently in
AZ, FL, GA, KY, LA, NC, SC and TN.
La Verne, CA-based SHOGUN TEPPAN (founded
1980) has opened 2 units, from 4 to 6 (50% growth).
This upscale Japanese concept is open for lunch
and dinner, with a per person check average
of $15-$30+ and seating for about 150. Restaurants
have a full bar, catering, and banquet services.
All locations are in CA.
Lake Forest, CA-based JOHNNY ROCKETS
(founded 1986) has opened 8 units during the
period, from 195 to 203 (4% growth). This company
was previously reported on in our 6/13/06 newsletter
as having had a 16-unit growth during that period
(Feb ’06 to Jun ’06. However, during the period
from June to October of 2006, the company had
decreased 3 units. These family/casual burger
restaurants are open for lunch and dinner, with
a $4-$10 per person check average. All units
are open for lunch and dinner, with seating
for about 80-100. Some units serve beer and
wine. More than 80% of locations are franchised.
Trading areas are the states of AL, AZ, CA,
CO, CT, DC, FL, GA, IL, IN, KY, MA, MD, MI,
MN, MO, NJ, NM, NV, NY, OH, PA, RI, SC, TN,
TX, VA, and WA, with 3 locations in Ontario,
Canada, and multiple locations worldwide. The
company has just been acquired by RedZone Capital
Fund II, with plans to open 26 units over the
next 3 years.
To
view the contact personnel, company particulars
and the additional 5 stories this week,
please follow this link to subscription information. |
