Published November 30, 2016

Restaurant Chain Growth Report 11/02/16

Growing restaurant concepts emerge with growth by about 5 percent. One of these is a seafood restaurant that saw a growth of 21 percent to 24 percent. Another American cuisine, lunch restaurant increased its overall company from 3 to 4 percent. All of these restaurants are located in the state of New Jersey.

Key Takeaways:

  • 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).
  • 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).
  • 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.

“Kenner, LA-based BUD’S BROILER (founded 1952) has increased by 1 unit, from 7 to 8 (14% growth).”

http://www.restaurantnews.com/restaurant-chain-growth-report-110216/

Related Post:
  1. How to reduce stress at work—and not take it home
  2. UK on brink of ‘new wave’ casual dining boom
  3. Restaurant sales are slowing, and grocers are to blame
  4. Think Outside the Doors!
  5. MUFSO: Clean labels, culinary mashups, meatless options on the rise
  6. Diners growing tired of hipster food trends
  7. The Difference Between Service and Hospitality
  8. 6 tips for incorporating applied analytics into business decisions
  9. Chatbots in Restaurants: Redefining Customer Experience
  10. How to challenge employees—and cut turnover