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Restaurant Trends – Growing And Emerging Concepts – Change and Activity July 9, 2013

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July 11, 2013

Restaurant Trends – Growing And Emerging Concepts – Change and Activity July 9, 2013

Growing Concepts

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

MASTRO’S RESTAURANTS?based in Woodland Hills, CA (founded 1999) has increased by 1 unit, from 9 to 10 (11% growth), adding a new concept called Beverly Hills Penthouse.? Other company concepts are City Hall Steakhouse (1), Mastro’s Ocean Club (3) and Mastro’s Steakhouse (5).? These are upscale steak and seafood restaurants with full bar and seating for around 300, serving dinner only.? Per person check average is around $15-$50+.? Banquets are offered.? Locations are in AZ, CA, IL and NV.

MAZATLAN MEXICAN RESTAURANT?of Auburn, WA has increased by 1 unit, from 12 to 13 (8% growth).? These are family/casual Mexican restaurants with full bar and seating for around 300.? Meal periods are lunch and dinner.? Per person check average is around $6-$15+.? Catering and banquet services are offered.? All locations are in WA.

Vancouver, BC-based?WRAP ZONE?(founded 1996) has increased by 1 unit, from 6 to 7 (17% growth).? This fast casual sandwich shop is open for lunch and dinner, with a $4-$10 per person check average.? Seating is for about 10-20.? All locations are franchised and trade in BC.

Texas-based?YAGHI’S NEW YORK PIZZERIA?has increased by 1 unit, from 6 to 7 (17% growth).? The restaurants are quick serve, open for lunch and dinner.? Per person price range is $4-$10.? Units seat about 30 and offer catering and delivery services.? All locations are in TX.

Cary, NC-based?SMITHFIELD CHICKEN & BBQ?(founded 1964) has increased by 1 unit, from 32 to 33 (3% growth).? This fast casual concept is open for lunch and dinner, with a $4-$10 per person price range.? Seating is for about 40 and catering is available.? All stores are in NC.? Between 40% and 50% of units are franchised.

New York, NY-based?FELIDIA?(founded 1981) has increased by 1 unit, from 6 to 7 (17% company growth), with the addition of a new concept called Eataly.? The company also operates Becco (1), Del Posto (1), Esca (1), Felidia (1), and Lidia’s (2).? These are all upscale Italian concepts, open for lunch and dinner.? Per person check average is $15-$50+, with full bar and average seating for around 200.? Banquet services are available.? The restaurants operate in MO, NY, and PA.

NECTAR?of Berwyn, PA has increased by 1 unit, from 4 to 5 (25% growth) adding a new concept called Mandarin Garden.? Other company concepts are Cin Cin (1), Nectar (1) and Tango (1).? Locations tend to be upscale with full bar and seating for around 200.? Meal periods are lunch and dinner.? Per person check average is around $15-$50+.? Catering and banquet services are offered.? All locations are in PA.

Seattle, WA-based?PAGLIACCI PIZZA?(founded 1979) has increased by 2 units, from 22 to 24 (9% growth).? This fast casual Italian & pizza concept is open for lunch and dinner, with a $6-$15+ per person check average.? Most locations seat about 70, offering beer and wine.? Others are take-out/delivery only.? Catering service is available at all locations.? All stores are located in WA.

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Source Restaurant News Resource

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