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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.
In order to receive the full version you must either be
a paid subscriber or sign up with an email address that
has the appropriate restaurant chain email convention.
In order to receive specific personnel for companies mentioned
along with full profiles, you must be a client.
Regarding growth stories listed:
We publish net unit growth from (each company has their
own four-month cycle, percentages are not annualized
as a result) one four-month period to the next. This
is performed by re-verifying net growth figures of approximately
1,000 companies per month. Once our researchers identify
the following growth results from our research efforts,
we highlight a new round of results each week in our newsletter.
Featured growth stories are only a fraction of the growth
stories received by clients.
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| 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 |
| July
results are posted. August will be posted next week.
The index reflects
change and growth of chains who have less than 200
stores and at least...
See results |
| Growing and emerging concepts |
| JIM 'N NICK'S BAR-B-Q headquartered
in Birmingham, AL (founded 1985) has increased by
2 units, from 20 to 22 (10% growth). These are family/casual
BBQ restaurants with full bar and seating for about
100. The per person check average is around $6-$10.
Locations are in AL, CO, FL, GA, SC and TN. We last
wrote about this concept in our 1/23/07 newsletter
when they had 25% growth. The company was also ranked
#8 on our April '07 Top Ten Fast Growers List.
Campbell, CA-based BLENDZ (founded 2003)
has opened 2 units, from 5 to 7 (40% growth) and
entered into AZ. All other locations are in CA.
The restaurants are fast casual sandwich and salad
cafes, with seating for about 30. Units are open
for breakfast, lunch and dinner. Per person check
average is $3-$8. Catering is available. More than
70% of locations are franchised.
Gaithersburg, MD-based GLORY DAYS GRILL (founded
1996) has opened 2 units over the period, from 19
to 21 (11% growth) and entered into WV. Other locations
are in MD and VA. This company was previously highlighted
in our 4/17/07 newsletter (12% growth). The restaurants
are family/casual, serving American cuisine, and
open for lunch and dinner. Per person check average
is about $8-$20. Seating is for around 225. Catering
and banquet services are available. Only 2 units
(10%) of locations are franchised.
FIREFLY'S BODACIOUS BBQ based in Marlborough,
MA has increased by 1 unit, from 2 to 3 (50% growth).
These are family/casual restaurants with full bar.
Seating is for around 200 and the per person check
average is about $6-$15. Catering and banquets are
offered. All locations are in MA.
RED ROCK CHILI CO based in Santa Ana, CA
(founded 2002) has increased by 2 units, from 4
to 6 (50% growth) and entered into NV and TX. This
is a fast casual concept, located mostly in malls.
Beer and wine is served and catering is available
at some freestanding units. Locations are 67% franchised
and are in CA, NV and TX.
KING CRAB TAVERN & SEAFOOD GRILL headquartered
in Chicago, IL (founded 1983) has added a new concept
called Al's Place. The company increased from 4
to 5 units (20% growth). Locations are generally
upscale steak and seafood houses with full bar and
seating for around 200. The per person check average
is around $15-$30+. Units are company owned and
located in IL.
CHEESEBURGER IN PARADISE (founded 2002) of
OSI Restaurant Partners, based in Tampa, FL has
increased by 5 units, from 38 to 43 (13% growth).
Additionally, the concept has expanded into FL.
Units are family/casual with full bar and seating
for around 250. The check average per person is
about $10-$12+. Locations are in DE, FL, GA, IL,
IN, KS, MD, MI, NC, NE, NJ, NY, OH, OK, PA, SC,
VA and WI. We last reported on this concept in our
9/26/06 newsletter when they had a 16% growth.
Burnsville, MN-based LET'S DISH! (founded
2003) has increased by 4 units, from 29 to 33 (14%
growth) and entered into the state of SC. We last
featured this concept in our 1/23/07 newsletter,
with a 53% growth rate and expansion into 4 states.
This is a meal preparation company, specializing
in healthy, family-size meals prepared in-store,
either by customer or ordered online and prepared
by staff. Large event catering is also available.
Units are currently in the states of KS, MA, MD,
MN, MO, NC, NJ, NY, OH, SC, VA, and WA, with a Middletown,
DE location to open this fall. About 70% of locations
are franchised.
Laguna Hills, CA-based INDIGO JOE'S SPORTS PUB
& RESTAURANT (founded 2002) has opened 2
units, from 14 to 16 (14% growth) and entered into
the states of NC and SC, while also closing 1 unit,
pulling out of the state of IA. The restaurants
are family/casual sports bar & grills, open
for lunch and dinner, with an $8-$20 per person
check average. Units have seating for about 225.
Locations are in the states of AL, AZ, CA, CO, GA,
MO, NC, NE, SC, and TX, with a Louisville, KY location
to open this fall. All locations are franchised.
Huntington Beach, CA-based BJ'S RESTAURANTS
(NASDAQ: BJRI; founded 1978) has opened 8 units,
from 55 to 63 (15% growth) and entered into 3 states
(FL, OH, and OK). The restaurants are family/casual,
specializing in pizza and American cuisine. Units
have seating for about 300, with a full bar. Per
person check average is $8-$20. Meal periods are
lunch and dinner. Special event facilities are available.
Trading areas are AZ, CA, CO, FL, HI, NV, OH, OK,
OR, and TX. |
| Why We Eat Out - The Science of Dining. |
| One
of the most unfortunate things that happen when
you open a business is that you lose touch with
what it would be like to be your customer. As the
owner or manager, it is nearly impossible to get
the same experience that a paying customer would
have in your establishment. Your service will be
just a little (or a lot) better. So what can you
do to get a great perspective on what's really going
on in your four walls? Continued...
|
| Decreased units |
| Garden City, ID-based MOXIE JAVA (founded
1988) has closed 3 units, from 74 to 71 (4% downsizing)
and is no longer operating in the state of LA. The
restaurants are quick serve coffee shops, open for
breakfast, lunch and dinner hours. Seating is for
about 40. Trading areas are AL, CA, CO, ID, MN,
NC, ND, NV, OR, SC, VA, and WY, with locations planned
in HI, TX and FL.
Wichita, KS-based TACO TICO (founded 1962)
has closed 9 units, from 67 to 58 (13% downsizing)
and is no longer operating in NE. These are quick
serve Mexican restaurants, with seating for about
60 and a $3-$8 per person check average. Units are
open for lunch and dinner. Trading areas are AR,
IA, KS, KY, LA, OK, and TN.
Boston, MA-based LEGAL SEAFOODS (founded
1950) has closed 2 units, from 33 to 31 (6% downsizing),
while also opening 1 new unit and entering into
the state of PA. These upscale seafood restaurants
are open for lunch and dinner, with full bar and
seating for about 150. Per person check average
is around $15-$30+. Catering and private party facilities
are available. Restaurants are in the states of
DC, FL, MA, MD, NJ, NY, PA, RI, and VA.
Cary, NC-based BEAR ROCK CAFÉ (founded 1997)
has closed 4 units, from 36 to 32 (11% downsizing),
pulling out of the states of MN and TN, while also
opening 1 unit (adding the state of VA). Other locations
are in AZ, CO, FL, GA, MA, NC, NJ, OH, PA, and TX.
We last featured this concept in our 10/2/06 newsletter
(11% downsizing). These are fast casual American
cafes, serving beer/wine, with seating for about
100. Meal periods are breakfast, lunch and dinner.
Per person check average is around $4-$10. Catering
is available. About 70% of units are franchised.
Pizza hut franchisee, PIZZA HUT OF FORT WAYNE
INC headquartered in Fort Wayne, IN (founded
1972) has decreased by 2 units, from 16 to 14 (13%
downsizing). All locations are in IN.
SENOR SAM'S MEXICAN GRILL based in OR has
decreased by 2 units, from 6 to 4 (33% downsizing).
Locations are family/casual with seating for about
100. Per person check average is $4-$10. Beer and
wine are served and catering is available. Units
are company owned and are in OR. |
| Has the Ethanol Demand Bubble Burst? |
| The
large inverted price spread between wholesale ethanol
and gasoline since the beginning of the summer suggests
an oversupply of ethanol.Continued....
|
| 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...
|
| Wine Cellar Investments |
| For
the non-accounting readers, I'm going to start out
with a simple definition. Inventory turnover equals
cost of goods sold divided by average inventory.
Our industry is used to turning the food inventory
every two weeks (sometimes quicker). With a food
inventory turnover of 26, restaurant managers are
often unprepared for the much lower wine turnover
rate. 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.
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| Directory information |
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As a reader you are viewing a snapshot of the companies,
contacts and trend watching performed by us. To
know more including pricing options, Continued...
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