| AMERICA'S INCREDIBLE PIZZA CO of Springfield,
MO (founded 2002) has increased by 3 units, from
10 to 13 (30% growth). These are family entertainment
locations with a capacity of about 450. The per
person check average is $4-$10 and banquet/buffet
service is offered. We last reported on this company
in our 4/24/2007 newsletter when they had 43% growth.
Locations are 61% franchised and are in LA, MO,
OK and TX.
ALESSIO'S ITALIAN RESTAURANT of GA (founded
2000) has increased by 1 unit, from 3 to 4 (33%
growth). These are family/casual Italian/pizza restaurants
serving beer and wine. Seating is for about 80 and
the check average is around $8-$20 per person. All
locations are company owned and located in GA.
CLYDE'S RESTAURANT GROUP based in Washington,
DC (founded 1963) has increased by 1 unit for their
Ebbitt concept from 1 to 2, and by 1 unit for their
Clyde's concept, from 7 to 8. The overall company
growth is from 14 to 16 (14% growth). The concepts
tend to be upscale with full bar and seating for
about 200. The per person check average is around
$15-$30. Current concepts are 1789 (1), Clyde's
(8), F Scott's (1), Old Ebbitt Grill/ Ebbitt Express
(2), The Tombs (1), Tomato Palace (1), Tower Oaks
Lodge (1) and Willow Creek Farm (1). Locations are
in DC, MD and VA.
SPOLETO RESTAURANT of Northampton, MA has
opened a new concept called Mama Iguana's growing
from 5 to 6 units (20% growth). The new concept
is upscale, featuring Mexican food. Seating is for
about 150 and full bar is available. Current concepts
are Del Raye Bar & Grill (1), Mama Iguana's
(1), Pizzeria Paradiso (1), Spoleto Express (1)
and Spoleto Restaurant (2). Cuisines include Italian,
Mexican and American. All are located in MA.
JOHNNY'S NY STYLE PIZZA of Hapeville, GA
(founded 1977) has increased by 3 units for their
Johnny's NY Style Pizza concept, from 51 to 54 (6%
concept growth). These are quick serve pizza restaurants
serving beer and wine. Seating is for about 90 and
catering is available. Current concepts are Johnny
Brusco's (9) and Johnny's NY Style Pizza (54). All
units are franchised and located in GA, KS, MS,
TN and TX. Overall company growth is from 60 to
63. We previously wrote about this company in our
1/9/2007 newsletter when they had 15% growth.
MCCORMICK & SCHMICK'S SEAFOOD headquartered
in Portland, OR (founded 1979 - ticker: MSSR) has
increased by 5 units for their McCormick & Schmick's
concept from 67 to 72 (7% concept growth). We featured
this company in our 6/13/2006 newsletter when they
experienced 9% overall growth. These are upscale
seafood restaurants with full bar and seating for
about 300. The per person check average is around
$15-$50 and banquets are offered. The company's
second concept (located in Canada) is called Boathouse
Restaurants (5). Overall company growth is from
72 to 77. Units are in AL, AZ, BC, CA, CO, DC, FL,
GA, IL, IN, MA, MD, MI, MN, MO, NC, NJ, NV, NY,
OH, OR, PA, RI, TX, VA and WA.
GLORIA'S RESTAURANT based in Dallas, TX has
increased by 2 units, from 8 to 10 (25% growth).
These are family/casual restaurants serving South
American food. Seating is for about 150 and full
bar is offered. The per person check average is
around $8- $20. Catering and banquets are offered.
All units are company owned and located in TX.
Eugene, OR-based CAFE YUMM (founded 1997)
has opened 3 units, from 2 to 5 (150% growth). The
chain is a fast casual soup, salad and sandwich
concept, open for breakfast, lunch and dinner, with
seating for about 90. Beer and wine is served. Per
person check average is around $6-$10. Catering
is available. All units are in OR.
Seattle, WA-based TACO DEL MAR (founded 1992)
has opened 14 units during the period, from 255
to 269 (5% growth) and is now trading in the province
of ON. Other trading areas are AB, AK, AZ, BC, CA,
CO, HI, IA, ID, LA, MN, MS, MT, ND, NE, NV, OK,
OR, SK, TN, TX, UT, and WA. We last featured this
concept in our 6/19/07 newsletter (9% growth, entered
2 states). This is a fast casual Mexican concept,
open for lunch and dinner, with a $4-$10 per person
check average. Beer and wine is served. Seating
is for about 30. Catering services are available.
More than 90% of units are franchised.
Boisbriand, PQ, Canada-based CHEZ CORA (founded
1987) has opened 3 units, from 86 to 89 (3% growth).
We last featured this concept in our 4/3/07 newsletter
(6% growth; entered AB). These are family/casual
American-style restaurants, open for breakfast and
lunch. Beer and wine is served. Seating is for about
125. The restaurants are in the provinces of AB,
MB, NB, NL, NS, ON, PE, and PQ. All locations are
franchised.
Arkansas-based chain WHOLE HOG CAFÉ has opened
4 units during the period, from 5 to 9 (80% growth).
These quick serve BBQ restaurants are open for lunch
and dinner, with a $4-$10 per person check average.
Beer and wine is served. Seating is for about 125.
Units are in the states of AR, LA, NM, and TN.
Atlanta, GA-based FIRE OF BRAZIL has opened
1 unit for the Fire of Brazil concept, from 4 to
5 and also added a new Mexican concept, called Jalapeno
Charlie's (1 unit). Overall company increase was
from 4 to 6 (50% growth). Fire of Brazil restaurants
are upscale Brazilian steakhouses, open for lunch
and dinner, with a $50+ per person check average.
There is seating for about 200. Jalapeno Charlie's
seats about 150, with a $10-$15 per person check
average. Both concepts have a full bar, with private
party facilities available. Trading areas are GA
and LA and Bahrain. A 2nd Jalapeno Charlie's is
slated to open in Bahrain in 2008. A 3rd concept,
called Checkered Parrot is also opening in Alpharetta,
GA this fall. Less than 20% of locations are franchised.
Milford, OH-based BUFFALO WINGS & RINGS
(founded 1988) has opened 5 units during the period,
from 20 to 25 (25% growth) and entered into the
state of IL. This concept was last covered in our
7/10/07 newsletter (29% growth, entered 2 states).
These are family/casual restaurants, specializing
in chicken wings. All locations are open for lunch
and dinner, have a full bar and seating for about
200. Check average is about $6-$15+ per person.
Catering is available. Trading areas are CA, FL,
IL, IN, KY, NC, NY, OH, and TX. All locations are
franchised.
Greenwood Village, CO-based RED ROBIN GOURMET
BURGERS (NASDAQ: RRGP; founded 1969) has opened
10 units, from 363 to 373 (3% growth) and entered
the state of FL. These are family/casual restaurants,
serving American style cuisine. Locations have a
full bar and seating for about 250. Per person check
average is $8-$20. Meal periods are lunch and dinner.
Trading areas are AB, AK, AL, AR, AZ, BC, CA, CO,
CT, DE, FL, GA, IA, ID, IL, IN, KS, KY, MA, MD,
ME, MI, MN, MO, MT, NC, NE, NJ, NM, NV, NY, OH,
OK, OR, PA, SC, TN, TX, UT, VA, WA, and WI. Locations
are 36% franchised. |
