Restaurant Trends - Growing And Emerging Concepts - Change and Activity Dec 13, 2011

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

Hartford, CT-based HARTFORD RESTAURANT GROUP (founded 2002) has increased by 1 unit for the Wood N Tap concept, from 5 to 6 (20% concept growth).  The company also operates Agave Grill (1) and Td Homer's Sports Grill (1).  Overall company increase was from 7 to 8 (14% growth).  These are family/casual restaurants, serving mostly American cuisine.  Meal periods are lunch and dinner, with a $10-$30 per person check average.  The restaurants have full bar and seating for about 150.  Catering and banquet services are available.  All locations are in CT.

Oakville, ON-based MADE IN JAPAN TERIYAKI EXPERIENCE(founded 1986) has increased by 9 units, from 133 to 142 (7% growth) and entered into MI.  These fast casual restaurants are open for lunch and dinner, with a $6-$12 per person check average.  Catering is available.  Units are franchised and located in mall food courts.  Trading areas are AB, BC, CA, FL, GA, MB, MI, NB, NS, NY, ON, PQ, TX, and 9 other countries worldwide.

JUMPIN JAY'S FISH CAFÉ of Portsmouth, NH (founded 2000) has increased by 1 unit for Dos Amigos, from 4 to 5 (25% concept growth).  These are upscale restaurants with full bar and seating for around 150.  Meal periods are lunch and dinner.  Banquets are offered.  Other company concepts are Jumpin Jay's Fish Café (1) and Red Door (1).  Overall company increase is from 6 to 7 (17% growth).  All locations are in NH.

K-BOB'S STEAKHOUSE based in Santa Fe, NM (founded 1966) has increased by 1 unit, from 16 to 17 (6% growth).  These are family casual restaurants with seating for around 200.  Beer and wine are served.  Meal periods are lunch and dinner.  Per person check average is around $10-$30.  Locations are more than 90% franchised and are in CO, NM, OK and TX.

EL POTRO MEXICAN RESTAURANT of Winter Park, FL (founded 1985) has increased by 1 unit, from 11 to 12 (9% growth).  These are family casual Mexican restaurants with seating for around 100.  Beer and wine are served.  Meal periods are lunch and dinner.  Per person check average is around $8-$20.  Catering is available.  Trading areas are FL and GA.

JAMES CONEY ISLAND of Houston, TX (founded 1923) has increased by 1 unit, from 21 to 22 (5% growth).  These are quick serve restaurants serving beer.  Seating is for around 80.  Meal periods are lunch and dinner.  Per person check average is around $2-$6.  Catering and drive thru services are offered.  All locations are in TX.

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

Lake City, FL-based ELLIANO'S COFFEE COMPANY (founded 2002) has increased by 3 units, from 11 to 14 (27% growth).  This is a drive-thru coffee shop concept, open for breakfast and lunch hours.  Per person price range is $2-$6.  Units are franchised and trade in FL and GA.

Southfield, MI-based DIVERSIFIED RESTAURANT HOLDINGS(OTCBB: DFRH; founded 2007) has increased by 2 units for the Bagger Dave's Legendary Burgers & Fries concept, from 4 to 6 (50% concept growth).  The company is also the franchisee of 22 Buffalo Wild Wings locations in FL and MI.  Bagger Dave’s is a family/casual tavern concept, open for lunch and dinner, serving beer and wine.  Per person check average is $8-$20.  Online ordering is available.  Locations are franchised and trade in MI.

BLACK RESTAURANT GROUP of Bethesda, MD has increased by 3 units, from 4 to 7 (75% growth), adding new concepts Pearl Drive Oyster Palace (1), Black Jack (1) and Blacksalt Fish Market (1).  These are upscale restaurants with full bar and seating for around 125.  Meal periods are lunch and dinner.  Per person check average is around $15-$30+.  Banquets are offered.  Other company concepts are Addie's (1), Black Market Bistro (1), Black Salt (1) and Black's Bar & Kitchen (1).  Trading areas are DC and MD.

Repeat Growers

Concepts previously written about in the past 18 months.

Baton Rouge, LA-based WALK-ON'S BISTREAUX & BLUES BAR(founded 1996) has increased by 1 unit for the Walk-On’s concept, from 3 to 4 (33% growth).  The company also operates Happy's Irish Pub (3), Roux House (1), and Schlittz & Giggles (2).  Overall company increase was from 9 to 10 (11% growth).  These are family/casual Cajun/Creole restaurants, open for lunch and dinner.  Per person check average is $8-$20.  Locations have full bar and seat about 200.  Catering and banquet facilities are available.  All the restaurants are in LA.  We last featured this company on 4/26/11 (50% growth).

Palm Beach Gardens, FL-based DUFFY'S SPORTS GRILL(founded 1985) has increased by 2 units, from 22 to 24 (9% growth).  These are family/casual bar and grill restaurants, open for lunch and dinner.  Per person price range is $8-$20 and seating is for about 250.  Catering and private party services are available.  All locations are in FL.  We last featured this concept on 8/31/10 (10% growth).

Miami Beach, FL-based PIOLA (founded 1986) has increased by 3 units, from 29 to 32 (10% growth) and entered into ON.  This is a family/casual Italian and pizza concept, open for lunch and dinner.  Per person check average is $8-$20.  The restaurants have full bar and seating for about 100.  Banquet services are available.  Trading areas are FL, GA, NC, NY, ON, TX, VA, Brazil, Argentina, Chile, Mexico, Turkey, and Honduras.  We featured this company on 2/15/11 (16% growth).

Contact
Keith Gellman
Restaurantchains.net
1 Bridge St, Unit 94
Irvington, NY 10533
914-591-4297

http://www.restaurantchains.net
keith@restaurantchains.net


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