RestaurantData.com has released its latest Restaurant Chain Growth Report.
Growing Concepts of Multi Unit Operators
Concepts that have grown by at least 5% (if less than 50 units).
Basking Ridge, NJ-based GROWTH RESTAURANTS INC (founded 1972) has increased by 1 unit for the Thirsty Turtle concept, from 1 to 2 (100% concept growth). Other company concepts include Famished Frog (1) and Meadow Wood Manor (1). Overall company increase was from 3 to 4 (33% growth). The restaurants serve American cuisine, open for lunch and dinner, with a $10-$30+ per person check average. The concepts have full bar service and average seating for about 200. Catering and banquet facilities are available. All the restaurants are located in NJ.
Kenner, LA-based BUD’S BROILER (founded 1952) has increased by 1 unit, from 7 to 8 (14% growth). This quick serve burger concept is open for breakfast, lunch and dinner, with a $4-$12+ per person price range. Locations serve beer and seat about 40. All the restaurants are located in LA.
Gulf Shores, AL-based SHRIMP BASKET (founded 1993) has increased by 3 units for the Shrimp Basket concept, from 21 to 24 (14% concept growth). Other company concepts are Mikee’s Seafood (1) and The Steamer Baked Oyster Bar (1). Overall company increase was from 23 to 26 (13% company growth). The restaurants are family/casual seafood concepts, open for lunch and dinner. Per person check average is $8-$20+, with seating for about 125. Beer and wine are served. The restaurants are located in AL, FL and MS.
Fayetteville, AR-based SLIM CHICKENS (founded 2003) has increased by 26 units, from 27 to 53 (96% growth) and entered into AZ, IL, LA and TN. This fast casual concept is open for lunch and dinner, with a $4-$12+ per person price range. Seating is for about 90 and catering is offered. Locations are franchised and trade in AR, AZ, IL, KS, LA, MO, NE, OK, TN and TX.
Emerging and Re-emerging Concepts
Concepts with 20 units or less who grew by at least 2 units.
St. Paul, MN-based BLUE PLATE RESTAURANT CO (founded 1993) has added two new concepts called Bottle Rocket (1) and The Blue Barn (1) for an overall company increase from 7 to 9 (29% growth). Other company concepts include: 3 Squares Restaurant (1), Edina Grill (1), Groveland Tap (1), Highland Grill (1), Longfellow Grill (1), The Freehouse (1) and The Lowry (1). These family style restaurants are open for breakfast, lunch and dinner, serving American cuisine. Per person check average is $8-$20+, with full bar service. Seating is for about 150. The restaurants are all in MN.
Plano, TX-based ROYAL CHOPSTIX (founded 2012) has increased by 3 units for the Pho Que Huong concept, from 9 to 12 (33% concept growth). The company also operates the Royal Chopstix concept (5 units). Overall company increase was from 14 to 17 (21% company growth). These quick serve Chinese restaurants are open for lunch and dinner, with a $4-$12+ per person check average. Catering is available. The restaurants are all located in TX.
Portland, OR-based CONCEPT ENTERTAINMENT HOSPITALITY (founded 2001) has increased by 3 units for the Thirsty Lion Pub & Grill concept, from 6 to 9 (50% concept growth) and entered into TX. The company also operates Grand Central (1 unit). Overall company increase was from 7 to 10 (43% growth). These family style American restaurants are open for breakfast, lunch and dinner, with a $10-$30+ per person check average. Seating is for about 200. Catering is also available. Trading areas are AZ, CO, OR and TX.
Repeat Growers
Concepts previously written about in the past 18 months.
Prairie Du Sac, WI-based CULVER’S FROZEN CUSTARD & BUTTERBURGERS (founded 1984) has increased by 27 units, from 559 to 586 (5% growth) and entered into GA and NC. This fast casual burger concept is open for breakfast, lunch and dinner, with a $4-$12+ per person check average. Seating is for about 90. Locations have drive-thru service. All the units are franchised and trade in AZ, CO, FL, GA, IA, ID, IL, IN, KS, KY, MI, MN, MO, NC, ND, NE, OH, SC, SD, TN, TX, UT, WI and WY. We last featured this concept on 12/29/15 (6% growth).
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