Restaurant Chain Growth Report 6/5/12

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

Irvine, CA-based JUICE IT UP (founded 1995) has increased by 1 unit, from 89 to 90 (1% growth).  This take-out juice/smoothie concept is open for breakfast, lunch and dinner hours, with a $3-$8 per person price range.  Catering service is available.  Stores are franchised and trade in AZ, CA, NY, and TX.

CODY’S ORIGINAL ROADHOUSE based in Clearwater, FL has increased by 1 unit, from 12 to 13 (8% growth).  These are family/casual restaurants with full bar and seating for around 125.  Per person check average is around $8-$20.  Locations are open for dinner.  Catering is available.  All locations are in FL.

CRABBY’S SEAFOOD BAR & GRILL of Joplin, MO has increased by 1 unit for Crabby’s, from 2 to 3 (50% concept growth).  Overall company increase is from 5 to 6 (20% company growth).  Other concepts are Chatters Restaurant & Bar (2) and Fat Daddy’s Flat Top Grill (1).  These are family/casual restaurants with full bar and seating for around 80.  Meal periods are lunch and dinner.  Per person check average is around $6-$15+.  Catering and banquets are offered.  Locations are in AR, KS and MO.

CUPS ESPRESSO CAFÉ based in Ridgeland, MS (founded 1993) has increased by 1 unit, from 12 to 13 (8% growth).  These are quick serve cafés with limited seating.  Breakfast, lunch and dinner are served.  Catering, banquets and drive-thru services are available.  All locations are in MS.

Emerging and Re-emerging Concepts
Concepts with 20 units or less who grew by at least 2 units.

Kansas City, MO-based 54TH STREET GRILL & BAR (founded 1990) has increased by 2 units, from 16 to 18 (13% growth) and entered into TX.  This is a family/casual concept, serving American cuisine.  Meal periods are lunch and dinner, with an $8-$20 per person check average.  Locations seat about 200.  Trading areas are IL, KS, MO, and TX.

Addison, TX-based RAZZOO’S CAJUN CAFÉ (founded 1991) has increased by 2 units, from 13 to 15 (15% growth).  These family/casual restaurants are open for lunch and dinner, with a $6-$15+ per person check average.  Locations have full bar and seating for about 250.  Catering is available.  Trading areas are NC and TX.

CONCENTRIC RESTAURANTS of Atlanta, GA (founded 2002) has increased by 6 units, from 9 to 15 (67% growth) adding new concepts Central, Three Sixty, La Pieta Cucina, Flip Burger Boutique, HD1, and Prato.  The company has also expanded into AL and MO.  Locations tend to be upscale with full bar and seating for around 200.  Catering and banquet services are available.  Other company concepts are Bakeshop (1), Lobby Bar And Bistro (1), Luma On Park (1), Murphy’s (1), One Midtown Kitchen (1), Parish (1), Room At Twelve Centennial (1), Tap (1), and Two Urban Licks (1).  Locations are in AL, FL, GA and MO.

Repeat Growers
Concepts previously written about in the past 18 months.

Norcross, GA-based WAFFLE HOUSE (founded 1955) has increased by 19 units, from 1613 to 1632 (1% growth).  The restaurants are family/casual, specializing in breakfast foods.  Per person price range is $4-$10 and seating is for around 80.  Locations are franchised and trade in AL, AR, AZ, CO, DE, FL, GA, IL, IN, KS, KY, LA, MD, MO, MS, NC, NM, OH, OK, PA, SC, TN, TX, VA, and WV.  We last wrote about this concept on 8/23/11 (1% growth).

West Hollywood, CA-based HAMBURGER MARY’S BAR & GRILLE (founded 1972) has increased by 1 unit, from 11 to 12 (9% growth) and entered into WI.  The restaurants are family/casual, with an $8-$20 per person check average.  Meal periods are lunch and dinner and seating is for around 250.  Catering and private party services are available.  Locations are franchised and trade in CA, CO, FL, IL, MO, OR, and WI.  We last wrote about this concept on 1/11/11 (10% growth).

Oklahoma City, OK-based ORANGE LEAF FROZEN YOGURT has increased by 57 units, from 148 to 205 (39% growth) and entered into CO, NH, RI, SC, and WV.  This is a quick serve frozen yogurt concept, open for lunch and dinner hours.  Per person price range is $2-$6.  Limited seating is available.  Stores are franchised and trade in AL, AR, AZ, CO, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MO, MS, NC, NE, NH, NY, OH, OK, RI, SC, TN, TX, UT, WA, WI, and WV.  We last featured this concept on 11/1/11 (57% growth).

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