| NATURE'S WAY CAFE based in North
Palm Beach, FL (founded 1978) has increased by
2 units, from 12 to 14 (17% growth). These are
fast casual sandwich stores offering breakfast
and lunch. Units seat about 40 and catering is
offered. Locations are more than 90% franchised
and are in FL.
GOLDEN GAMING headquartered in Las Vegas,
NV (founded 1982) has increased by 1 unit for
its Sierra Gold concept, from 2 to 3 (50% concept
growth) and by 2 units for its Pt's Gold concept,
from 9 to 11 (22% concept growth). The overall
company growth is from 40 to 43 (8% overall company
growth). Units are casual with full bar and seating
for about 250. Gaming and banquets are offered.
The per person check average is around $6-$15+.
Current concepts are: Gold Bar (1), Pt's Gold
(11), Pt's Place (5), Pt's Pub (17), Sierra Gold
(3), Sierra Junction (1) and Sparky's Pub &
Poker (5). Locations are company owned and located
in NV.
BIG AL'S PUB & GRUBBERIA of NC (founded
1996) has increased by 1 unit, from 3 to 4. These
are family/casual units with full bar and seating
for about 125. The per person check average is
around $6-$15+. Units are 25% franchised and located
in NC.
VIVID RESTAURANT CONCEPTS based in Nashville,
TN has acquired Mississippi based Amerigo Restaurant
Corp (founded 1987). The newly formed company
has also increased by 1 unit and expanded into
KY. The overall company increase is from 5 to
6 units (20% increase). Locations are family/casual
with Italian cuisine and a full bar. Seating is
for about 200 with catering and banquets offered.
The check average is around $10-$30 per person.
Current concepts are Amerigo (5) and Char Restaurant
(1). Locations are in KY, MS and TN.
WHISKEY CREEK STEAKHOUSE based in Kearney,
NE (founded 1995) has increased by 2 units, from
12 to 14 (17% growth). These are family/casual
steakhouses with full bar and seating for around
200. The check average is around $10-$30 per person.
Catering and banquets are offered. Locations are
21% franchised and are in FL, KS, MO and NE.
ROSEBUD RESTAURANTS INC headquartered in
Chicago, IL (founded 1977) has increased by 2
units, from 9 to 11 (22% growth). These are upscale
Italian restaurants with full bar and seating
for about 100. The per person check average is
around $15-$30+. Catering and banquets are offered.
Current concepts are Ballo (1), Carmine's (1),
Rosebud (6), Rosebud Steakhouse (1), Rosebud Express
(1) and Rosebud Old World Italian (1). Locations
are company owned and located in IL.
Atlanta, GA-based HOOTERS (founded 1983)
has opened 7 units, from 429 to 436 (2% growth).
They also closed 6 locations in New England, pulling
out of the states of RI, MA and NH. This concept
was previously featured in our 2/6/2007 newsletter
(3% downsizing). The restaurants are family/casual
American sports bars, open for lunch and dinner.
Per person check average is $8-$20. All units
have a full bar, with seating for about 200. Catering
is available. 72% of locations are franchised.
Restaurants are in the states of AK, AL, AR, AZ,
CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN,
KS, KY, LA, MD, MI, MN, MO, MS, NC, ND, NE, NJ,
NM, NV, NY, OH, OK, OR, PA, SC, TN, TX, UT, VA,
VT, WA, WI, and WV, and in the provinces of AB,
MB, and ON, Canada, and 21 other countries.
Carrollton, TX-based TGI FRIDAY'S (founded
1965) has opened 11 units for the TGI Friday's
concept, from 866 to 877 (2% concept growth),
while also closing their unit in Nova Scotia,
Canada. The company has also closed 1 unit for
their Pick Up Stix concept, from 125 to 124. Overall
company increase of 20 units, from 991 to 1011.
TGI Friday's restaurants are family/casual American
style, with a full bar and seating for about 250.
Per person check average is about $8-$20. All
locations are open for lunch and dinner. Slightly
more than half the units are franchised. Trading
areas for Friday's are AK, AL, AR, AZ, BC, CA,
CO, CT, DC, DE, FL,GA, HI, IA, ID, IL, IN, KS,
KY, MA, MD, ME, MI, MN, MO, MS, NC, ND, NE, NH,
NJ, NM, NV, NY, OH, OK, ON, OR, PA, RI, SC, SD,
TN, TX, UT, VA, VT, WA, WI and WV, with a location
opening in Shreveport, LA later this year. The
sister concept, Pick Up Stix is a fast casual
Chinese concept, open for lunch and dinner, with
a $4-$10 per person check average. No alcohol
is served. Locations seat about 70. Less than
10% of the units are franchised. Catering and
delivery are available. Trading areas for this
concept are AZ, CA, and NV.
Fort Wayne, IN-based WINGS ETC has opened
4 units, from 8 to 12 (50% growth). The restaurants
are full service, family/casual restaurants, serving
beer and specializing in chicken wings. Per person
check average is $6-$12, with seating for about
150. Meal periods are lunch and dinner. Locations
are in the states of IL, IN, and MI. All units
are franchised.
Wichita, KS-based BG BOLTON'S GRILLE &
BAR (founded 2003) has opened a new unit in
OK, making this the first location outside of
KS. BG Bolton's has gone from 1 to 2 units. The
company also operates another concept called Heroes
Sports bar (1 unit). The restaurants are family/casual
American bar and grills, with a per person check
average of $6-$15+. All units are open for lunch
and dinner, with a full bar. Seating is for about
300. Banquet rooms are available.
Coralville, IA-based PANCHERO'S MEXICAN GRILL
(founded 1992) has opened 5 units during the period,
from 40 to 45 (13% growth) and has entered into
the states of NC, PA, and TX. This concept was
last featured in our 11/7/2006 newsletter (21%
growth). The restaurants are fast casual, serving
Mexican cuisine. Meal periods are lunch and dinner,
with a $4-$10 per person check average. Beer and
wine is served. Seating is for about 80. More
than half of locations are franchised. The restaurants
are in the states of CO, FL, IA, IL, MI, MN, NC,
NE, PA, SD, TX, and WI. |
