| CEREALITY
of Chicago, IL (founded 2003) has increased by 2 units, from
4 to 6 (50% growth). This is a quick serve franchise
operation specializing in cereals. Units seat
around 30 and most are located on college campuses
and in malls. The check average is around $2-$6
per person. Locations are currently in AZ, IL,
NJ and PA.
Jean Luc Kleefield of JLX BISTRO who is
the chef/owner of an upscale restaurant group
has opened a new concept called Prime 103
(50% company growth) in East Hampton, NY. Restaurants
have full bars and a check average of more than
$30 per person. Current concepts are Jean-luc
(1), Jlx Bistro (1), Madame Tong's (1) and Prime
103 (1). Prime 103 is Steak and Sushi cuisine
while all other concepts are French cuisine. All
are located in NY.
Applebee's franchisee, APPLE AMERICAN GROUP
LLC based in Independence, OH (founded 1998)
has increased by 2 units, from 133 to 135 (2%
growth). Locations are currently in DE, IN, NJ,
OH, PA, WA and WV.
Sterling Heights, MI-based JET'S PIZZA
(founded 1978) has opened 7 units, from 130 to
137 (5% growth). This company was last featured
in our 7/31/2006 newsletter (7% growth and entered
OH). The restaurants are take-out/delivery pizza
shops, open for lunch and dinner. Trading areas
are FL, MI, NC, OH, and TN. More than 80% of locations
are franchised.
To see the additional 7 growth stories including
3 emerging concepts and 3 company decrease
stories this week, please click here for subscription
information.
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