Restaurantdata.com News 03-03-15

18,500 Independent Restaurants closed in the last 6 months.

 

Want to know who, what and where in the US?

Here is the TOP 10 and the BOTTOM 10.

To find out more and to also see our NY METRO study, Click here…

 

Growing Concepts of Multi Unit Operators

 

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

 

Toledo, OH-based BARRY BAGELS (founded 1972) has increased by 1 unit, from 5 to 6 (20% growth).  These quick serve bakery/cafes are open for breakfast and lunch, with a $4-$12+ per person price range.  Units seat about 30 and offer catering and online ordering services.  Trading areas are MI and OH.

Clearwater Beach, FL-based FRENCHY\’S SALTWATER CAFE (founded 1981) has increased by 1 unit, from 4 to 5 (25% growth).  The restaurants are family/casual, serving American cuisine.  Meal periods are lunch and dinner, with a $6-$15+ per person check average.  Locations have full bar and seating for about 150.  Catering is available.  All the restaurants are in FL.

Orlando, FL-based CAPITAL GRILLE (founded 1990) has increased by 1 unit, from 54 to 55 (2% growth).  This upscale steakhouse concept is open for lunch and dinner, with a $15-$50+ per person check average.  The restaurants have full bar service and average seating for about 250.  Catering is available.  Less than 10% of the restaurants are franchised.  Trading areas are AZ, CA, CO, CT, DC, FL, GA, IL, IN, MA, MD, MI, MN, MO, NC, NJ, NV, NY, OH, PA, RI, TN, TX, VA, WA and WI.  Capital Grille is a subsidiary of Darden Restaurants.

 

Emerging and Re-emerging Concepts

 

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

 

Austin, TX-based ALAMO DRAFTHOUSE CINEMA (founded 1997) has increased by 5 units, from 15 to 20 (33% growth).  This is a movie theater with restaurant service.  The restaurants serve dinner, with an $8-$20+ per person check average.  Cuisine is American, with full bar service.  Average seating is for about 200.  Private party services are available.  Trading areas are AZ, CA, CO, LA, MI, MO, NE, NY, TX and VA.  Between 70% and 80% of the locations are franchised.

Mississippi-based MUGSHOTS GRILL & BAR (founded 2004) has increased by 2 units, from 10 to 12 (20% growth).  The restaurants are family/casual, open for lunch and dinner, with a $6-$15+ per person check average.  Seating is for about 125.  Locations are franchised and trade in LA, LA and MS.

 

Repeat Growers

 

Concepts previously written about in the past 18 months.
 

Beaumont, TX-based JASON\’S DELI (founded 1976) has increased by 5 units, from 248 to 253 (2% growth) and entered into WI.  This fast casual concept is open for lunch and dinner, with a $4-$12+ per person price range.  Locations seat about 100 and serve beer and wine.  Catering, delivery and online ordering services are available. Between 30% and 40% of the units are franchised.  Trading areas are AL, AR, AZ, CA, CO, FL, GA, IA, IL, IN, KS, KY, LA, MD, MN, MO, MS, NC, NE, NM, NV, OH, OK, SC, TN, TX, UT, VA and WI.  We last wrote about this concept on 8/26/14 (2% growth).

Virginia-based YNOT PIZZA (founded 1993) has increased by 1 unit, from 5 to 6 (20% growth).  The restaurants are family/casual, open for lunch and dinner.  Per person price range is $6-$15+, serving beer and wine.  Seating is for about 50.  Catering and online ordering are available.  All locations are in VA.  We wrote about this concept on 9/10/13 (25% growth).
 

 

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