| FIRST WATCH RESTAURANT headquartered
in Bradenton, FL (founded 1983) has increased
by 4 units, from 72 to 76 (6% growth). The
company has grown by 17 units from 60 to 77
over the last 3 periods (28% one-year growth).
These are family/casual restaurants with seating
for about 150. Units are open for breakfast
and lunch with a per person check average
of around $3-$6. Locations are in AZ, FL,
KS, KY, MD, MO, OH, OK, VA and WV. Less than
10% are franchised.
COSTA VIDA FRESH MEXICAN GRILL headquartered
in Sandy, UT (founded 2003) has increased
by 3 units, from 20 to 23 (15% growth) and
expanded into NM. This company has grown by
10 units, from 13 to 23 over the past 3 periods
(77% one-year growth). These are fast casual
Mexican restaurants with seating for about
50. The check average is around $3-$8 per
person. Units are more than 90% franchised
and are located in AZ, CA, CO, ID, NM, ME,
OR, TN, TX and UT. This concept ranked number
4 on our July '07 Top Ten Fastest Growing
Concepts list.
METROTAINMENT CAFES of Atlanta, GA
(founded 1991) has increased their Hudson
Grill concept by 1 unit from 1 to 2 (100%
growth). The overall company growth is from
10 to 11 units with other concepts being Cheyenne
Grill (1), Cowtippers (1), Einstein's (1),
Garrison's Broiler & Tap (3), Joe's (2)
and Metrotainment Bakery (1). These are family/casual
restaurants with full bar and seating for
about 250. The per person check average is
$10 to $30. Catering and banquets are offered.
All locations are in GA.
BAD BOB'S BARBEQUE RESTAURANT headquartered
in Dyersburg, TN has increased by 2 units,
from 12 to 14 (17% growth). These are family/casual
BBQ restaurants with full bar and seating
for about 50. The per person check average
is around $6-$12. All units are franchised
and are in AZ, GA, KY, NJ, NY, OH, TN and
VA.
ST LOUIS WINGS AND RIBS of Toronto,
ON (founded 1992) has increased by 4 units,
from 20 to 24 (20% growth). These are fast
casual units with full bar and seating for
about 90. The per person check average is
around $6-$12+. Units are more than 80% franchised
and are located in ON.
Scottsdale, AZ-based PARADISE BAKERY &
CAFE (founded 1976) has opened 8 units,
from 45 to 53 (18% growth). We previously
featured this concept in our 3/20/07 newsletter
as having had a 13% growth (33% growth over
the past 1-year period). This is a fast casual
bakery/café concept, with a $3-$8 per person
check average. Meal periods are breakfast,
lunch and dinner, with seating for about 60.
Stores are in the states of AZ, CA, CO, IN,
MA, NE, OR, TX, UT, and WA. About half of
locations are franchised. Paradise Bakery
is a subsidiary of Richmond Heights, MO-based
Panera Bread.
New York, NY-based SUSHI SAMBA (founded
1999) has opened a new location in Dallas,
their 1st in the state of TX. The increase
was from 6 to 7 units (17% growth). These
are upscale sushi restaurants, with a $15-$50+
per person check average, with full bar service.
Meal periods are lunch and dinner. Seating
is for about 125. Catering and private party
facilities are available. Locations operate
in the states of FL, IL, NY, and TX, with
a location in Tel Aviv.
Maryville, TN-based RUBY TUESDAY (NYSE:
RT; founded 1972) has increased by 9 units,
from 926 to 935 (1% growth) and entered into
2 states (OK and WI). These family/casual
restaurants are open for lunch and dinner,
with an $8-$20 per person check average. Seating
is for about 250, with a full bar. Catering
is available. Twenty-six percent of locations
are franchised. Trading areas are AL, AR,
AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, IL,
IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS,
NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, ON,
OR, PA, RI, SC, SD, TN, TX, UT, VA, WA, WI,
WV, and 14 other countries.
Conshohocken, PA-based SALADWORKS (founded
1986) has opened 9 units, from 78 to 87 (12%
growth) and entered the state of NC. Other
trading areas are DC, DE, FL, IL, MD, NJ,
and PA. This concept was mentioned a year
ago in our 10/24/06 newsletter (4% growth,
with a 13% growth over the past year). This
is a fast casual soup and salad concept, with
a $4-$10 per person check average. Meal periods
are lunch and dinner. Seating is for about
70. Catering and delivery are available. More
than 90% of units are franchised.
Concord, CA-based CAFFINO (founded
1993) has opened 2 units, from 27 to 29 (7%
growth) and entered the state of FL. Other
locations are in CA, SC, and TN. Stores are
take-out, drive-thru coffee shops, open for
breakfast, lunch and dinner hours. Check average
per person is about $1-$4. Units are 76% franchised.
New York, NY-based MARIO BATALI RESTAURANTS
has opened 3 new concepts: B&B Ristorante
(1 unit), Enoteca San Marco (1 unit) and Osteria
Mozza (1 unit). Other concepts include Babbo
(1), Bar Jamon (1), Casa Mono (1), Del Posto
(1), Esca (1), Lupa (1), Otto Enoteca (1),
Pizzeria Mozza (1) and Spotted Pig (1). Overall
company increase was from 9 to 12 (33% growth),
entering the state of NV. This company was
last mentioned in our 3/27/07 newsletter (14%
growth; added a concept). The restaurants
are all upscale concepts, mostly Italian cuisine,
with a $15-$30+ per person check average.
Locations are open for lunch and dinner, with
the average unit seating about 80. All restaurants
have a full bar. Catering and banquet facilities
are available. Trading areas are CA, NV, and
NY.
DAZBOG COFFEE COMPANY based in Denver,
CO has increased by 3 units, from 15 to 18
(20% growth). These are coffee shops with
seating for about 20. The per person check
average is around $3-$6. Locations are licensed
and are in CO.
MADE IN JAPAN TERIYAKI EXPERIENCE based
in Oakville, ON has increased by 7 units,
from 105 to 112 (7% growth) and expanded into
the USA (GA). These are fast casual Japanese
restaurants that are usually located in malls.
The per person check average is around $3-$8.
Locations are currently in AB, BC, GA, MB,
NB, NS, ON and PQ. There are plans to open
locations in CA, FL, IA and NY.
New York, NY-based TASTI D-LITE (founded
1987) has opened 2 units, from 44 to 46 (5%
growth). The units are take-out ice cream
shops, open for lunch and dinner hours, with
a $2-$6 per person check average. Trading
areas are CT, FL, NJ, NY, and TX. |
