| DAGWOOD'S SANDWICH SHOPPES based in Clearwater,
FL (founded 2006) has increased by 6 units, from 3
to 9 (200% growth). These are quick serve sandwich
shops with seating for about 50. The per person check
average is around $3-$8. Locations are franchised
and are currently in AL, FL, KY, LA and MO. There
are plans to open 11 more units by years end and expand
into GA, SC and TX.
Shreveport, LA-based MONJUNIS ITALIAN CAFE &
GROCERY (founded 1987) has opened 2 units during
the period, from 5 to 7 (40% growth). These are family/casual
Italian restaurants, open for lunch and dinner, with
a full bar. Per person check average is $10-$30. Seating
is for about 75. Catering and private party facilities
are available. All but 1 location is franchised. All
restaurants are in LA.
WEBER GRILL headquartered in Palatine, IL (founded
1989) has opened their first IN location. The overall
company increase is from 3 to 4 units (33% growth).
These are family/casual restaurants with full bar.
Seating is for about 250 and the per person check
average is around $8-$20. Banquets and catering are
offered. Locations are company owned and are in IL
and IN.
Golden, CO-based GOOD TIMES BURGERS & FROZEN
CUSTARD (NASDAQ: GTIM; founded 1987) has increased
by 4 units, from 50 to 54 (8% growth). These are take-out
burger and ice cream restaurants, with a $2-$6 per
person check average. Locations are open for lunch
and dinner, and trade in the states of CO, ID, ND,
and WY. Around 30% of units are franchised.
Lake Forest, CA-based JOHNNY ROCKETS (founded
1986) has opened 15 units, from 203 to 218 (7% growth).
This concept was last featured in our 4/10/07 newsletter
(4% growth). These are family/casual burger restaurants,
open for lunch and dinner, with a $4-$10 per person
check average. Beer and wine is served. Units have
seating for around 80 to 100. Trading areas are AL,
AZ, CA, CO, CT, DC, FL, GA, IL, IN, KY, MA, MD, MI,
MN, MO, NJ, NM, NV, NY, OH, PA, RI, SC, TN, TX, VA,
WA, the province of ON, Canada, and 7 other countries.
Rancho Santa Margarita, CA-based COTTI FOODS,
a Pizza Hut and Taco Bell franchisee, has opened 7
Taco Bell units, from 51 to 58, for an overall company
increase of 57 to 64 (11% company growth). They also
operate 6 Pizza Hut stores. All units are in CA.
Tustin, CA-based MIMI'S CAFÉ (founded 1978)
has increased by 7 units, from 109 to 116 (6% growth)
and entered into the state of IL. We last mentioned
this concept in our 3/13/07 newsletter (3% growth).
These are family/casual restaurants, serving American
style food. Meal periods are breakfast, lunch and
dinner, with an $8-$20 per person check average. Beer
and wine is served. Seating is available for about
200. Trading areas are AR, AZ, CA, CO, FL, GA, IL,
KS, KY, MO, NC, NE, NM, NV, OH, OK, SC, TN, TX, and
UT, with locations to open in Columbia, MD (October)
and in Sterling, VA later this fall. Mimi's Café is
a wholly owned subsidiary of Columbus, OH-based Bob
Evans Farms Restaurants (NASDAQ: BOBE).
Irvine, CA-based JUICE IT UP (founded 1995)
has opened 17 units, from 123 to 140 (14% growth)
and entered into the states of NY and NV. Other trading
areas are AZ, CA, FL, TN, and TX. This company was
last featured in our 3/20/07 newsletter (4% growth).
This is a take-out, juice/smoothie concept. Operating
times are breakfast, lunch and dinner hours. Per person
check average is $2-$6. More than 90% of locations
are franchised.
Norcross, GA-based MAGGIEMOOS ICE CREAM & TREATERY
(founded 1989) has increased by 18 units, from 195
to 213 (9% growth) and entered into the state of NH.
This chain was last covered in our 3/13/07 newsletter,
then with a 4% growth and expansion into 2 states.
These are quick serve ice cream shops, open for lunch
and dinner hours, with a $2-$6 per person check average.
Most units have seating for about 10. Catering services
are available. Stores are in the states of AL, AZ,
CA, CO, CT, DC, FL, GA, IA, ID, IL, IN, KS, KY, LA,
MA, MD, ME, MI, MN, MO, MS, NC, NE, NH, NJ, NY, OH,
OK, OR, PA, SC, TN, TX, UT, VA, WA, WI, WV, and WY,
with a Fayetteville, AR location opening this fall.
All locations are franchised.
VALLS MANAGEMENT GROUP based in Miami, FL has
opened 2 new concepts increasing total units from
15 to 17 (13% growth). The new concepts are Four Wheels
Restaurant (1) and Versailles El Doral (1). Other
concepts are Café (1), Casa Juancho (1), El Viajante
(1), La Carreta (9), La Palma (1) and Versailles (2).
Units tend to be family/casual with catering and seating
for about 175. Cuisines include Spanish and Carribbean
with a per person check average of around $8-$20.
All are company owned and located in FL.
RAISING CANE'S headquartered in Baton Rouge,
LA (founded 1996) has increased by 5 units from 56
to 61 (9% growth) and expanded into MN. These are
quick-serve chicken restaurants with seating for about
70. The per person check average is around $3-$8 and
catering is offered. Locations are less than 20% franchised
and are in AL, CO, GA, LA, MN, MS, NE, NV, OH, OK,
TX and VA. We previously wrote about this concept
in our 8/29/2006 newsletter (19% growth) and in our
1/30/2007 newsletter (27% growth).
BUBBA GUMP SHRIMP CO of San Clemente, CA (founded
1996) has increased by 3 units for their Bubba Gump
concept, from 25 to 28 (12% concept growth) and expanded
into TN. The overall company growth is from 30 to
33. Per person check averages are $10-$30+. Current
concepts are Bubba Gump Shrimp Co (28), Capi's Italian
Kitchen (1), Mai Tai Bar (3) and Rusty Pelican (1).
Units tend to be family/casual with seating for about
200. Cuisines include Seafood, Italian and Hawaiian.
Locations are in CA, CO, FL, HI, IL, LA, MN, NY, SC
and TN.
OSI Restaurant Partners concept, CARRABBA'S ITALIAN
GRILL based in Tampa, FL (founded 1986) has increased
by 11 units, from 229 to 240 (5% growth). These are
family/casual Italian restaurants with full bar. Seating
is for about 250 and the per person check average
is $10-$30. Locations are in AL, AR, AZ, CO, CT, FL,
GA, ID, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NE,
NH, NJ, NM, NV, NY, OH, OK, PA, RI, SC, TN, TX, UT,
VA and WI. |
