October 23, 2007

Data reflects change and activity during the most recent four-month period from:
06/17/07 to 10/17/07

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.

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.

 

October 2007 top 10 growing concepts list, below 50 units.

October's release of the top 10 growing concepts.

See the whole story. Continued...



Restaurant Incubator Index updated

September results are now posted. The index has climbed for 5 straight months. We have completed our first 12-month period and have seen a 3% overall increase in the index from year to year.

Continue and See results



Growing and emerging concepts

WHICH WICH of Dallas, TX (founded 2003) has increased by 12 units, from 21 to 33 (57% growth) and expanded into IA and SC. These are quick service sandwich stores that are open for breakfast, lunch and dinner. Seating is for about 50 and the per person check average is around $3-$6. Catering is offered. We last reported on this concept in our 4/12/07 newsletter when they had 75% growth. The company also made it to #1 on our July '07 Top Ten Fastest Growing concepts list. Units are more than 90% franchised and are located in AZ, CO, FL, GA, IA, OK, SC, TN and TX.

BRU'S ROOM SPORTS GRILL headquartered in Margate, FL has increased by 2 units, from 5 to 7 (40% growth). These are family/casual American restaurants with full bar and seating for about 250. Catering and banquets are offered and the typical check average is $6-$15 per person. Units are company owned and located in FL.

Rock Island, IL-based THE HUNGRY HOBO (founded 1973) has opened a new location, from 16 to 17 (6% growth). These are quick serve sandwich shops, open for lunch and dinner, with a $3-$8 per person check average. Units seat about 80, with a catering menu available. Less than 40% of stores are franchised. Locations are in the states of IA and IL.

The Florida-based chain, PELICAN LARRY'S RAW BAR & GRILL, has opened a new location in Naples, FL, expanding from 2 to 3 units (50% growth). The restaurants are a family/casual seafood bar & grill concept, open for lunch and dinner, with a full bar. Units seat about 100. Per person check average is around $10-$30. All locations are in FL.

Winnipeg, MB Canada-based WOW HOSPITALITY (founded 1995) has opened a new French bistro concept, called Oui Bistro and Wine Bar (1 unit), increasing the company total from 8 to 9 restaurants (13% growth). Other concepts include 529 Wellington (1), Aussie Rules (1), Breadworks (1), Finn's Pub (1), Muddy Waters Smokehouse (1), Old Spaghetti Factory (1), and Pasta La Vista (2). Restaurants tend to be upscale, with a $15-$30+ per person check average. With the exception of Breadworks, all locations have a full bar. Average seating is 125. Most locations are open for lunch and dinner. Catering services are available. Trading areas are AB and MB.

Taylors, SC-based FATZ CAFÉ (founded 1988) has increased by 3 units, from 35 to 38 (9% growth). We most recently featured this concept in our 3/27/07 newsletter, with a 3% growth. The restaurants are family/casual, serving American cuisine. Meal periods are lunch and dinner, with a $10-$30 per person check average and a full bar. Seating is for about 250. Trading areas are GA, NC, SC, and TN.

Rockville, MD-based CALIFORNIA TORTILLA (founded 1995) has increased by 4 units, from 26 to 30 (15% growth) and entered into the states of FL and WV. We previously mentioned this concept in our 5/1/07 newsletter (24% growth). Units are fast casual Mexican restaurants, open for breakfast lunch and dinner, with a $4-$10 per person check average. Beer and wine is served. Stores have seating for about 60. Catering is available. Locations are in DC, DE, FL, MD, VA, and WV. More than 80% of stores are franchised.

Texas-based chain, BOB'S STEAK & CHOP HOUSE (founded 1993) has opened 2 units during the period, from 3 to 5 (67% growth). These are upscale steakhouses, with a per person check average of $50 and up. Locations are open for dinner only, except the San Francisco location (B/L/D). The restaurants seat about 250, with a full bar and banquet facilities available. Trading areas are CA and TX. A new franchise program is being developed.

Heathrow, FL-based RUTH'S CHRIS STEAKHOUSE (NASDAQ: RUTH; founded 1965) has opened 4 units, from 106 to 110 (4% growth) and entered into 3 states (MS, SC, WI). The restaurants are upscale steakhouses, open for dinner only, with a $30-$50+ per person check average and full bar. Locations seat about 250. Private party facilities are available. About half the units are franchised. Restaurants are in the states of AL, AZ, CA, CO, CT, DC, FL, GA, HI, IL, IN, KY, LA, MA, MD, MI, MN, MO, MS, NC, NJ, NV, NY, OH, OR, PA, RI, SC, TN, TX, UT, VA, WA, and WI, the provinces of AB and ON, and in Puerto Rico, Mexico, Hong Kong, and Taiwan.

J ALEXANDER'S headquartered in Nashville, TN (founded 1991-Ticker:JAX) has increased by 2 units, from 28 to 30 (7% growth). These are upscale/casual restaurants with full bar and seating for about 300. The check average is around $10-$30+ per person. Locations are company owned and are in AL, CO, FL, GA, IL, KS, KY, LA, MI, OH, TN and TX.

Denny's franchisee, DEN-TEX CENTRAL INC based in San Antonio, TX has increased by 4 units, from 32 to 36 (13% growth). Locations are in AZ, KS, MO and TX.

URBAN FLATS FLATBREAD CO headquartered in Winter Park, FL (founded 2004) has increased by 3 units, from 4 to 7 (75% growth). These are family/casual restaurants with multiple cuisines. Seating is for around 150. Beer and wine is served. The per person check average is around $10-$30. Units are franchised and located in FL.

BRAVO DEVELOPMENT INC of Columbus, OH (founded 1981) has increased by 4 units for their Brio Tuscan concept, from 20 to 24 (20% concept growth) and by 1 unit for their Bravo Cucina concept, from 35 to 36 (3% concept growth). The overall company increase is from 59 to 64. Concepts tend to be upscale with full bar and seating for about 200. The per person check average is around $15-$30+. Banquets and catering are offered. Cuisines are Italian and French. Other company concepts are Bon Vie (2) and Lindey's (2). Locations are in AL, GA, FL, IA, IL, IN, KS, KY, LA, MI, MO, NC, NM, NY, OH, OK, PA, TN, TX, VA, WI and the company has now expanded into DC, NJ and NV. All are company owned.

DA VINCI GROUP of Chicago, IL (founded 1991) has increased by 2 units, from 4 to 6 (50% growth). The company has added a new location to their Adobo Grill concept, from 3 to 4 while also opening a new concept called Pikks Tavern (1). There is another concept called Vinci (1). These are upscale restaurants with full bar and seating for about 200. The per person check average is $20-$40. Cuisines include Italian, Mexican and American. Locations are in IL and IN.



Chronic Waste

Do you feature lots of specials? If specials account for over one third of your volume, you probably experience a significant waste expense. Forecasting is much more complex with menus featuring market-based entree specials. Continued....



Chicken prices are tracking lower

Chicken prices continue to move downward but will the chicken markets stabilize soon? 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...

 

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Contact us to be a content sponsor or advertiser of this newsletter sent to more than 29,725 foodservice professionals. See the breakdown of our newsletter readers. Continued...

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 are available to web and print publishers. Media inquiries are welcome. Please call 914-591-4297.

 

 

Directory information


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...

 

email: keith@restaurantchains.net

phone: 914-591-4297

web: http://www.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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