| Mt Pleasant, SC-based STICKY FINGERS
RIBHOUSE (founded 1992) has opened 2 units,
from 17 to 19 (12% growth). The restaurants
are family/casual barbeque places, open for
lunch and dinner, with a full bar and a $6-$15+
per person check average. Seating is for about
200. Banquet and catering services are available.
Trading areas are FL, GA, NC, SC, and TN.
Fort Myers, FL-based RIB CITY GRILL (founded
1989) has opened 2 units for the Rib City Grill
concept, from 16 to 18 (13% concept growth).
The company also operates the Veranda Restaurant
in Fort Myers, an upscale concept specializing
in catering and banquets. This company was last
featured in our 2/27/07 newsletter when they
closed 5 Rib City Grill units. These family/casual
barbeque restaurants are open for lunch and
dinner, with an $8-$20 per person check average
and a full bar. Seating is for around 100. Locations
are in the states of CO, FL, OH, UT, and WA.
About half of the Rib City Grill units are franchised.
Agawam, MA-based WINGS OVER (founded
1998) has opened 3 units, from 19 to 22 (15%
growth) and has entered into the state of OH.
This take-out/delivery chicken concept is open
for lunch and dinner, with a $3-$8 per person
check average. Locations are in CT, DC, FL,
MA, MI, NC, NY, OH, and PA. 77% of units are
franchised.
Minneapolis, MN-based OCEANAIRE SEAFOOD
ROOM (founded 1999) has opened 2 units, from
12 to 14 (17% growth) and is now trading in
the state of CO. This concept was previously
featured in our 2/20/07 newsletter (50% growth
and entered into 3 states). They were also #4
on our April 2007 Top Ten Fastest Growing Concepts
list. These upscale seafood restaurants are
open for lunch and dinner, with a $15-$50+ per
person check average. Seating is for about 300.
Banquet facilities are available. Current trading
areas are CA, CO, DC, FL, GA, IN, MD, MN, NC,
PA, TX, and WA, with new locations to open over
the next few months in MA, OH, and AZ.
Tampa, FL-based BEEF O'BRADY'S (founded
1985) has opened 10 units over the period, from
220 to 230 (5% growth). This company was discussed
in our 6/5/07 newsletter (5-unit growth). This
is a family/casual, American sports bar and
grill concept. Units have seating for about
150, serving beer and wine. Meal periods are
lunch and dinner, with a $6-$15+ per person
check average. Catering is available. Units
are 99% franchised. Trading areas are AL, AR,
FL, GA, IL, IN, KY, MD, MI, MN, MS, NC, OH,
SC, TN, TX, VA, and WI, with an Alexandria,
LA location to open this fall.
PIZZICATO GOURMET PIZZA headquartered
in Portland, OR (founded 1989) has increased
2 units for their Pizzicato concept, growing
from 18 to 20 units (11% growth). We last featured
this concept in our 2/6/07 newsletter when they
had 13% growth. Stores are family/casual serving
beer and wine. The check average is around $8-$20
per person. Catering and delivery are offered.
Current concepts are Pizzicato (20) and Sal's
Famous Italian Kitchen (2). Locations are 18%
franchised and located in CA, OR and WA.
DREAM DINNERS of Snohomish, WA (founded
2002) has increased by 22 units, from 198 to
220 (11% growth) and expanded into MO and RI.
These are meal assembly locations that are mostly
franchised. Stores are in AZ, CA, CO, CT, DE,
FL, GA, HI, ID, IL, IN, KS, KY, MA, MD, MI,
MO, NC, NH, NV, NY, OH, OK, OR, PA, RI, SC,
SD, TN, TX, UT, WA and VA. There are plans to
open 9 new units during September '07.
GAUCHO'S GRILL of Little Rock, AR has
opened 3 new single-unit concepts, Blue Agave,
Jerry B's and Arthur's. During the same period,
they closed a concept/location called Jasmine's
and Sesame's. This adds to their 2 other single
unit concepts, Gaucho's, and Terrace on the
Green creating an overall net growth from 3
to 5 locations (67% growth). Locations are upscale
with full bar and seating for about 200. Catering
and banquets are offered. The check average
is around $15-$30+ per person. All stores are
located in AR.
PINK TACO based in West Hollywood, CA
(founded 2000) has opened their first CA location.
The overall increase is from 2 to 3 units (50%
growth). These are family/casual Mexican restaurants
with full bar and seating for about 125. The
per person check average is around $6-$15 per
person. Locations are currently in AZ, CA and
NV. |
