Growing Concepts of Multi Unit Operators

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

Columbus, OH-based PURDUM RESTAURANT GROUP (founded 1996) has increased by 1 unit for the Old Bag of Nails Pub, from 13 to 14 (8% concept growth).  The company also operates Chubby\’s Sports Bar (1) and Pour House Tavern (1).  Overall company increase was from 15 to 16 (7% growth).  The restaurants are family/casual, open for lunch and dnner and serving American cuisine.  Per person check average is $8-20+.  Locations have full bar service and seating for about 200.  Catering and banquet facilities are available.  All the restaurants are in OH.

Vancouver, BC-based JOEY RESTAURANT GROUP (founded 1992) has increased by 2 units for the Joey\’s Restaurant concept, from 22 to 24 (9% concept growth) and by 3 units for Local Public Eatery, from 3 to 6 (100% concept growth).  Overall company increase was from 25 to 30 (20% growth).  The restaurants are family/casual, serving American, Asian and Italian cuisines.  Per person check average is $10-$30+, with full bar service.  Average seating is for about 250.  Banquet rooms are available.  Trading areas are AB, BC, MB, ON and WA.

Gainesville, FL-based MOMMA GOLDBERG\’S DELI (founded 1976) has increased by 1 unit, from 25 to 26 (4% growth) and entered into SC.  This fast casual sandwich concept is open for breakfast, lunch and dinner, with a $4-$12+ per person price range.  Units seat around 50 and offer catering and drive-thru service.  Locations are franchised and trade in AL, FL, GA and SC.

Emerging and Re-emerging Concepts

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

Huntington Beach, CA-based LAZY DOG RESTAURANT & BAR (founded 2003) has increased by 3 units, from 15 to 18 (20% growth) and entered into NV.  This family/casual concept serves American cuisine, open for lunch and dinner.  Per person check average is $10-$30+, with average seating for around 300.  Catering is available.  Trading areas are CA and NV.

San Diego, CA-based LUNA GRILL (founded 2004) has increased by 5 units, from 16 to 21 (31% growth).  The restaurants are fast casual, serving Mediterranean cuisine.  Per person check average is $8-$20+, serving beer and wine.  Units seat about 80. Catering and online ordering options are available.  Trading areas are CA and TX.

Repeat Growers

Concepts previously written about in the past 18 months.
 

Columbus, OH-based BRAVO BRIO RESTAURANT GROUP (Nasdaq:BBRG; founded 1981) has increased by 4 units for the Bravo Cucina Italiana concept, from 47 to 51 (9% concept growth) and by 6 units for the Brio Tuscan Grille concept, from 58 to 64 (10% concept growth), entering into CA, MA, NE and UT.  The company also operates the 1-unit Bon Vie concept.  Overall company increase was from 106 to 116 (9% growth).  The Bravo and Brio restaurants are upscale Italian concepts, open for lunch and dinner, with a $15-$50+ per person check average.  Bon Vie serves French cuisine.  Average seating is for about 200, with full bar, catering and banquet service.  Trading areas are AL, AR, AZ, CA, CO, CT, DE, FL, GA, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NE, NJ, NM, NV, NY, OH, OK, PA, TN, TX, UT, VA and WI.  We last featured this company on 10/14/14 (3% growth).

New York, NY-based TWO BOOTS PIZZA (founded 1987) has increased by 1 unit, from 16 to 17 (6% growth).  The restaurants are family/casual, open for lunch and dinner, with a $6-$15+ per person check average.  Locations have full bar service and average seating for about 100.  Some locations are quick serve, with a $4-$12+ per person price range.  Catering, delivery, private party and online ordering services are available.  Trading areas are CA, CT, MD, NJ, NY and TN.  We last wrote about this company on 12/16/14 (23% growth).

San Jose, CA-based TOGO\’S EATERY (founded 1971) has increased by 5 units, from 251 to 256 (2% growth) and entered into CO and ID.  This is a fast casual sandwich shop, open for lunch and dinner.  Per person price range is $4-$12+.  Units seat around 90.  Catering is available.  Locations are franchised and trade in AZ, CA, CO, ID, OR and UT.  We featured this concept on 12/2/14 (4% growth).