Growing Concepts of Multi Unit Operators

Concepts that have grown by at least 5% (if less than 50 units).

Indiana-based GELSOSOMO\’S PIZZERIA (founded 1979) has increased by 1 unit, from 9 to 10 (11% growth) and entered into IL.  This fast casual pizzeria concept is open for lunch and dinner, with a $4-$12+ per person price range.  Units serve beer and wine and seat around 100.  Catering, delivery and private party facilities are available.  Locations trade in IL, IN and MI.

Toronto, ON-based MR GREEK RESTAURANTS (founded 1988) has increased by 25 units for the Mr Greek Express concept, from 12 to 37 (208% concept growth) and entered into Kuwait and the UAE.  The company also operates Mr Greek Mediterranean Grill (7).  Overall company increase was from 21 to 44 (110% growth), due to a 2 unit decrease for the Mediterranean Grill concept.  The restaurants serve Greek and Mediterranean cuisines, open for lunch and dinner.  The grill concept has an $8-$20+ per person check average, with full bar service and seating for about 150.  The express concept is fast casual, seating 40 to 50, with a $6-$15+ per person price range.  The restaurants offer catering and delivery services.  Locations are franchised and trade in AB, BC, ON, Kuwait and the UAE.

Virginia Beach, VA-based SURF RIDER RESTAURANT (founded 1980) has increased by 1 unit, from 6 to 7 (17% growth).  This family/casual seafood concept is open for lunch and dinner, with an $10-$20+ per person check average.  Locations hace full bar service and seating for about 150.  All the restaurants are located in VA.

Illinois-based BLUEBERRY HILL PANCAKE HOUSE has increased by 1 unit for the Blueberry Hill concept, from 6 to 7 (17% concept growth).  The company also operates Alfie\’s Inn (1).  Overall company increase was from 7 to 8 (14% company growth).  The Blueberry Hill restaurants are family/casual, open for breakfast and lunch, with a $6-$15+ per person check average.  Alfie\’s is a bar and grill, open for lunch and dinner, with an $8-$20+ per person price range.  The restaurants have seating for about 100, offering catering and banquet services.  All are located in IL.

Emerging and Re-emerging Concepts

Concepts with 20 units or less who grew by at least 2 units.

Miami, FL-based GIARDINO GOURMET SALADS (founded 2004) has increased by 3 units, from 8 to 11 (38% growth).  This fast casual salad concept is open for lunch and dinner, with a $4-$12+ per person price range.  Units seat about 30 and offer catering and delivery services.  All the restaurants are in FL.  

Sandy, UT-based RODIZIO GRILL (founded 1995) has increased by 3 units, from 16 to 19 (19% growth) and entered into LA.  The restaurants are upscale Brazilian steakhouses, open for lunch and dinner.  Per person check average is $15-$50+, with full bar service and average seating for about 200.  Banquet rooms are available.  Trading areas are CO, FL, LA, MN, NE, NJ, OH, PA, TN, TX, UT and WI.

Repeat Growers

Concepts previously written about in the past 18 months.
 

New York, NY-based CHOP\’T CREATIVE SALAD COMPANY (founded 2001) has increased by 6 units, from 27 to 33 (22% growth) and entered into CT and DC.  The restaurants are fast casual, open for lunch and dinner, with a $6-$15+ per person check average.  Units seat around 10 and offer catering, delivery and online ordering options.  Trading areas are CT, DC, MD, NC, NY and VA.  We wrote about this concept on 7/8/14 (17% growth).

Houston, TX-based PERRY\’S RESTAURANT GROUP (founded 1979) has increased by 1 unit for the Perry\’s Steakhouse concept, from 11 to 12 (9% concept growth).  The company also operates Perry & Sons Market & Grille (2).  Overall company increase was from 13 to 14 (8% growth).  The restaurants are upscale steakhouses, open for lunch and dinner.  Per person check average is $15-$50+, with full bar and seating for around 200.  Catering and banquet facilities are available.  Trading areas are CO, IL and TX.  We last featured this company on 7/8/14 (30% growth).