Growing Concepts of Multi Unit Operators

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

Columbia, SC-based GROUCHO\’S DELI (founded 1941) has increased by 2 units, from 25 to 27 (8% growth).  This family/casual sandwich shop is open for lunch and dinner, with a $4-$12+ per person price range. Locations serve beer and wine and seat around 125.  Catering, delivery and online ordering are available.  The restaurants are franchised and trade in GA, NC and SC.

Tucson, AZ-based EEGEE\’S (founded 1971) has increased by 1 unit, from 23 to 24 (4% growth).  The restaurants are quick serve sandwich shops, open for lunch and dinner.  Per person price range is $4-$12+, with seating for about 50.  Catering is available.  All locations are in AZ.

Florida-based GIOVANNI\’S ITALIAN RESTAURANT has increased by 1 unit, from 4 to 5 (25% growth).  The restaurants are family/casual, serving Italian food and pizza.  Seating is for about 125, with full bar service.  Per person check average is $6-$15+, open for lunch and dinner.  Catering and private party services are available.  All the locations are in FL. 

Folsom, CA-based JIMBOY\’S TACOS (founded 1954) has increased by 2 units, from 43 to 45 (5% growth) and entered into TX.  This quick serve taco shop is open for breakfast, lunch and dinner, with a $4-$12+ per person price range.  Seating is for about 80.  Beer is served at select locations.  Online ordering is available.  All units are franchised and trade in CA, NV and TX.

Emerging and Re-emerging Concepts

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

Rohnert Park, CA-based HIGH TECH BURRITO (founded 1986) has increased by 2 units, from 12 to 14 (17% growth).  This Mexican concept is fast casual, open for lunch and dinner, with a $4-$12+ per person check average.  Beer and wine are served and seating is for about 60.  All locations are in CA.

Kansas-based HOG WILD PIT BBQ has increased by 4 units, from 7 to 11 (57% growth).  This fast casual bbq concept is open for lunch and dinner, with a $4-$12+ per person check average.  Units seat about 90 and offer catering and drive-thru options.  Locations are in KS and NE.

Repeat Growers

Concepts previously written about in the past 18 months.
 

University Park, FL-based FIRST WATCH RESTAURANTS (founded 1983) has increased by 17 units for the First Watch concept, from 117 to 134 (15% growth).  The company also operates Bread & Company (1), The Egg & I (116) and The Good Egg (20).  The restaurants are family/casual, open for breakfast and lunch and specializing in breakfast foods.  Seating is for about 150.  Private party services are available.  Trading areas are AL, AR, AZ, CO, FL, GA, IL, IN, KS, KY, MD, ME, MO, NC, NE, NM, OH, OK, PA, TN, TX, UT, VA, WI, WV and WY.  We last featured this company on 2/18/14 (6% growth).

Dallas, TX-based FRONT BURNER RESTAURANTS (founded 2005) has increased by 14 units for the Twin Peaks concept, from 63 to 77 (22% concept growth) and entered into MI and Russia.  Other company concepts are Ojos Locos Sports Cantina (8), Ranch At Las Colinas (1), Red Dog Right (1) and Whiskey Cake Kitchen & Bar (1).  The restaurants are family/casual, open for lunch and dinner.  Per person check average is $8-$20+, with full bar and average seating for about 225.   Cuisine is mostly American and sports bar type foods.  Banquet rooms are available.  Locations are franchised and trade in AL, AR, AZ, CO, FL, GA, IA, ID, IL, IN, KS, LA, MI, MO, MS, NC, NE, NM, NV, OK, SC, TN and TX.  We featured this company on 10/14/14 (51% growth).

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