August 7, 2018 - Restaurantdata

Growing Concepts of Multi Unit Operators

Washington-based LA HACIENDA MEXICAN RESTAURANT (founded 1988) has increased by 1 unit, from 5 to 6 (20% growth). The restaurants are family/casual, open for lunch and dinner. Per person check average is $6-$15+ and seating is for about 100. Beer and wine are served. Locations offer banquet and catering services. Trading areas are AZ and WA.

Orlando, FL-based SEITO SUSHI (founded 2000) has added a new concept called Reyes Mezcaleria (1). Other company concepts are Seito Sushi (2) and The Osprey Tavern (1). Overall company increase was from 3 to 4 (33% company growth). The restaurants are upscale, serving Japanese, Mexican and American cuisines. Per person check average is $15-$50+, open for lunch and dinner. Seating is for about 70 and beer and wine are served. Catering is available. All the restaurants are located in FL.

Toronto, ON-based PEGASUS GROUP OF COMPANIES INC (founded 1987) has increased by 1 unit for the Miller Tavern concept, from 2 to 3 (50% concept growth), by 2 units for La Carnita Canteen, from 4 to 6 (50% concept growth) and added a new concept called Macho TexMex Radio Bar (1). Other company concepts are Palais Royale Ballroom (1), Figo (1), Fox & Fiddle (12), Home Of The Brave (1), O\’Grady\’s Tap & Grill (2), The Exchange Cafe (1), The Grand Lux Event Boutique (1) and Wheat Sheaf Tavern (1). Overall company increase was from 27 to 30 (11% growth) and entered into MD. The restaurants are family/casual concepts, open for breakfast, lunch and dinner, with an $8-$20+ per person check average. Locations have full bar and average seating for about 200. Cuisines served are American, European and Mexican. Banquet services are available. Trading areas are BC, MD and ON.

Atlanta, GA-based HOOTERS (founded 1983) has increased by 12 units, from 416 to 428 (3% growth). The restaurants are family/casual sports bar concepts, specializing in chicken wings. Seating is for about 200, with an $8-$20+ per person check average. Catering and private party services are available. Units are franchised and trade in AB, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, IL, IN, KA, KY, LA, MA, MD, MI, MN, MO, MS, MT, NC, NJ, NM, NV, NY, OH, OK, ON, OR, PA, SC, TN, TX, UT, VA, WA, WI and WV.

Emerging and Re-emerging Concepts

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

Anaheim, CA-based THE PIZZA PRESS (founded 2012) has increased by 13 units, from 9 to 22 (144% growth) and entered into CO, FL, TX and WA. This fast casual pizzeria is open for lunch and dinner, with a $6-$15+ per person price range. Units seat around 70 and serve beer and wine. Catering and online ordering options are available. Stores are franchised and trade in CA, CO, FL and WA.

Repeat Growers

Concepts previously written about in the past 18 months.

West Des Moines, IA-based B BOPS (founded 1988) has increased by 1 unit, from 8 to 9 (13% growth). This quick serve burger concept is open for lunch and dinner, with a $4-$12+ per person price range. Units have limited seating and offer drive-thru service. All locations trade in IA. We last featured this concept on 4/25/17 (14% growth).

Dallas, TX-based MARISCOS LA REYNA (founded 1989) has added a new concept called Mr Bigotes Taqueria (1). The company also operates 6 Marisocs La Reyna units. Overall company increase was from 6 to 7 (17% company growth). The restaurants are family/casual, serving Mexican and seafood. There is full bar service and average seating for about 150. Per person check average is $10-$30+. Delivery and private party services are available. All the restaurants trade in TX. We last featured this company on 2/15/17 (17% growth).