July 23, 2007

Data reflects change and activity during the most recent four-month period from:
03/20/07 to 07/20/07

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.

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NEW!! Julys 2007 top 10 growing concepts list, below 50 units.

July's release of the top 10 growing concepts list is here. See results



Restaurant Incubator Index updated

June results are posted. The index reflects change and growth of chains who have less than 200 stores and at least 3...
See results



Growing and emerging concepts

Covington, LA-based WOW CAFE & WINGERY (founded 2001) has opened 3 units, from 30 to 33 (10% growth) and entered into the states of AL, MS, and PA. Other trading areas are DC, GA, IL, LA, MD, MN, MO, MT, NC, NM, NY, TX, VA, and WI. This company was previously featured in our 1/23/07 newsletter (50% growth, entered into 7 states). Units are fast casual chicken restaurants, open for lunch and dinner, serving beer. Per person check average is $4-$10. The restaurants seat about 90. Catering is available. More than 80% of locations are franchised.

Louisville, CO-based ROCK BOTTOM RESTAURANTS INC (founded 1976) has opened 3 units for the Rock Bottom Brewery concept, from 30 to 33 and 3 units for the Old Chicago concept, from 87 to 90. Overall company increase during the period was from 124 to 130 (5% company growth). Old Chicago was last reported on in our 3/20/07 newsletter (6% growth, entered OK). The Rock Bottom Brewery and Old Chicago are family/casual restaurants, with full bar and seating for about 250. Per person check average is about $8-$20. The company also operates the Walnut Brewery (1 unit), a more upscale concept called Chophouse & Brewery (4 units), and Sing Sing Dueling Pianos, a piano bar and restaurant with live performances (2 units). Catering is available. Less than 20% of units are franchised. Trading areas are AZ, CA, CO, DC, FL, IA, ID, IL, IN, KS, KY, MA, MD, MI, MN, MO, MT, NC, ND, NE, OH, OK, OR, PA, SD, TN, VA, WA, WI, and WY.

Calabasas Hills, CA-based CHEESECAKE FACTORY (NASDAQ: CAKE; founded 1972) has opened 2 restaurants, from 123 to 125 (2% concept growth). The company also operates a 9-unit concept called Grand Lux Café. Overall company increase was from 132 to 134. We last featured this chain in our 4/3/07 newsletter (12% company growth). Restaurants are family/casual, serving American cuisine and offering a full bar. Meal periods are lunch and dinner. Per person check average is $10-$30. Seating is for about 450. Private party rooms are available at some locations. Trading areas are AL, AZ, CA, CO, DC, FL, GA, HI, IA, ID, IL, IN, KS, KY, MA, MD, MN, MO, NC, NE, NJ, NV, NY, OH, OK, OR, PA, RI, TN, TX, VA, WA, and WI.

Greensburg, PA-based UNIQUE PIZZA & SUBS (ticker: UPZS.PK; founded 1991) has opened 1 unit, from 8 to 9, marking the company's first location in the state of WI. The restaurants are mostly take-out/delivery. Some locations offer beer and wine. Units are in the states of MA, NC, PA, VA, and WI, with a West Covina, CA location due to open this fall.

Nashville, TN-based LOGAN'S ROADHOUSE (founded 1991) has opened 5 units over the period, from 177 to 182 (3% growth) and entered into the state of KS. We mentioned this concept in our 4/3/07 newsletter, as having had a 13% growth and entering 2 new states. The restaurants are family/casual, serving American cuisine. Locations have a full bar and are open for lunch and dinner, with a per person check average of $8-$20. Units seat about 250. Trading areas are AL, AR, AZ, CA, FL, GA, IL, IN, KS, KY, LA, MI, MO, MS, NC, OH, OK, PA, SC, TN, TX, VA, and WV. 14% of the restaurants are franchised.

CALIFORNIA PIZZA KITCHEN headquartered in Los Angeles, CA (founded 1985) has increased by 3 units for the CPK concept from 182 to 185 (2% concept growth) and 3 units for their ASAP concept, from 24 to 27 (13% concept growth). The full service restaurants are family/casual with full bar and seating for about 250. The check average is around $8-$20 per person. The ASAP concept is a CPK express unit that is typically located in airports and malls. They also have launched a third concept called LA Food Show (1-unit), which is a full service operation. Locations are 14% franchised and are currently located in AL, AZ, CA, CO, CT, DC, FL, GA, HI, IL, IN, KY, MA, MD, MI, MN, MO, NC, NE, NJ, NV, NY, OH, OR, PA, TX, UT, VA, WA, WI.

AMECI PIZZA & PASTA based in Canoga Park, CA (founded 1984) has increased by 2 units, from 45 to 47 (4% growth). These are mostly take-out restaurants, however some are full service serving beer and wine. Take-out and catering are offered. Locations are more than 90% franchised and located in CA and ID.

BOULEY RESTAURANTS of New York, NY has increased by 1 unit, from 3 to 4 (33% growth). The company opened their first FL location in Miami called Evolution. Units are upscale with European cuisine. Full bar is available and seating for around 70. Catering and banquets are offered. Restaurants are company owned and located in NY and FL.

LA DUNI CAFÉ based in Dallas, TX has opened a new concept called Alo (1-unit). The company has increased from 2 to 3 units (50% company growth). These are family/casual restaurants serving Latin food. Seating is for about 150 and full bar is offered. The per person check average is around $8-$20. Catering and banquet services are offered. Current concepts are Alo (1) and La Duni (2). All are located in TX.

Turning the tables on customer wait times.

Every Saturday night, the buzz on the restaurant floor is at its fervent, red hot peak. As diners enjoy the last few sips of their cappucinos Continued...

 

Chicken Production Gaining Steam

Chicken prices remain relatively inflated despite the estimated 2% increase in chicken production during June. Continued....



Food Inventory Levels

One of the quickest ways to lower your food cost is to reduce the amount of food stored in the freezers and coolers. Since a lower food cost percentage is associated with a higher ending inventory value, it may not seem logical. Continued...

 

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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. Syndication of news stories is available to web and print publishers. Media inquiries are welcome. Please call 914-591-4297.

 

email: keith@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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