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Food Retailers Expanding Nationwide
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Food Retailers Expanding NationwideFortner Foods trades as Sir Pizza at 13 locations throughout TN. The pizza restaurants occupy spaces of at least 1,500 sq.ft. in freestanding facilities and strip centers. Plans call for three openings during the coming 18 months. Expansion will take place in TN. The company prefers to locate near video stores. Preferred demographics include a population of 10,000 residing within five miles earning $30,000 as the average income. Leases running five years with five five-year options are typical. The company is franchising. For more information, contact Rod Fortner, Fortner Foods, 830 Old Salem Road, Murfreesboro, TN 37129; 615-896-9660, Fax 615-896-6568.
Neubauer Restaurants Corp. trades as Burger King at 12 locations in AR and OK. The fast food restaurants occupy spaces of3,000 sq.ft. freestanding facilities. Plans call for one opening during the coming 18 months. Expansion will take place in AR. Leases running 20 years are typical. For more information, contact John Neubauer, Neubauer Restaurants Corp., 2900 Grand Avenue, Fort Smith, AR 72901; 501-783-8880, Fax 501-783-8885.
Diamond Dave’s Taco Co., Inc. trades as Diamond Dave’s Mexican Restaurants at 31 locations in IA, IL, MN, MO, SD and WI. The Mexican/American restaurants occupy spaces of 2,500 sq.ft. to 3,000 sq.ft. in freestanding facilities, malls and strip centers. Growth opportunities are sought in IA, IL, MN, MO and WI. Preferred demographics include a population of 20,000 residing within three miles. Leases running 10 years with five-year options are typical. Lease hold improvement funds are required. For more information, contact Stanley White, Diamond Dave’s Taco Co., Inc., 201 South Clinton Street, #281, Iowa City, IA 52240; 319-337-7690, Fax 319-337-4707.
Charleston Foods Inc. trades as Arby’s at seven locations in IL. The restaurants occupy spaces of 2,500 sq.ft. in freestanding facilities. Growth opportunities are sought in IL. The company also trades as Cheddar’s Casual Grill at two locations in IL. The restaurants occupy spaces of 3,500 sq.ft. in freestanding facilities. Growth opportunities are sought in IL. For more information, contact Jerry Myerscough, Charleston Foods Inc., 1520 Fourth Street, #1, Charleston, IL, 61920; 217-345-2909, Fax 217-345-2986.
Larry’s Giant Subs operates 70 restaurants in FL, GA TN and TX. The food shops, serving NY-style subs, sandwiches and salads to eat in, take or for delivery, occupy spaces of 1,400 sq.ft. in strip centers and freestanding facilities. Growth opportunities are sought in the coming 18 months. Expansion will take place nationwide. A vanilla shell with a tenant improvement allowance is required, and the company is franchising. For more information, contact Larry or Mitch Raikes, Larry’s Giant Subs, 8616 Bay Meadows Road, Jacksonville, FL 32256; 904-739-2498, Fax 904-739-2502.
Pizza Outlet operates 100+ locations in MD, OH, PA, VA and WV. The pizzerias use 1,200 sq.ft. in freestanding facilities, strip and specialty centers. Plans call for 100 to 150 openings in the coming 18 months. Growth opportunities are sought in the existing markets. Preferred sites are anchored by a supermarket, pharmacy or video store. Demographic requirements include a population of 30,000 within three miles earning $50,000 to $60,000 as the average income. A five-year lease with two five-year options is typical. For more information, contact Richard Kessler, Pizza Outlet, 2101 Greentree Road, Suite A-202, Pittsburgh, PA 15220; 412-279-9100, Fax 412-279-9781.
Boddie-Noell Enterprises, Inc. trades as Hardee’s and Texas Steakhouse at 335 locations in KY, NC, SC and VA. The company occupies spaces of 3,200 sq.ft. for Hardee’s and 6,000 sq.ft. for Texas Steakhouse in freestanding facilities. Expansion plans call for two openings in the coming 18 months. Opportunities for growth are sought in NC and VA. Land area requirements include at least one acre. A 10-year lease with four five-year options is typical. For more information, contact Michael Mosley, Boddie-Noell Enterprises, Inc., 1021 Noell Lane, Rocky Mount, NC 27802; 252-937-2000, Fax 252-927-2816.
Restaurant Brokers & Developers, Inc. represents Yin Yankee, a one-unit operation specializing in Middle Eastern/Asian American cuisine. The restaurant operates a location in MD and plans to expand by six to 12 units in the coming 18 months. Growth opportunities are sought from NY to FL. Spaces of 2,500 sq.ft. to 3,000 sq.ft. in downtown areas, in-line and endcaps of strip centers are of interest. The brokerage firm also represents Three Brothers Italian Restaurant, a seven-unit chain with locations in MD. The Italian restaurant chain, which offers a raw fish bar, plans to open 12 units in the coming 18 months. Expansion opportunities are sought in MD, VA and Washington, D.C. Spaces of 3,500 sq.ft. to 4,500 sq.ft. are of interest in freestanding facilities, and inline/endcaps of strip centers. A 10 to 15-year lease with two five-year options is typical. For more information, contact Jim McGinnis, Restaurant Brokers & Developers, Inc., PO Box 141, College Park, MD 20741; 800-739-3960, Fax 301-345-8012.
Roy Yamoguchi Enterprises trades as Roy’s Restaurant at 19 locations in AZ, CA, CO, FL, HI, NY and WA. The restaurants, serving Euro Asian-Pacific Rim cuisine, utilize spaces of 6,000 sq.ft. to 7,000 sq.ft. in freestanding facilities, and urban/downtown and resort markets. Expansion opportunities are sought in FL, GA, NC, NV, OR and the Mid-Atlantic region. The company prefers upscale co-tenants and markets with $75,000 as the average household income. Leases running 10 to 20 years are typical. The company is franchising. For more information, contact Carl Sahlsten, Roy Yamoguchi Enterprises, 2202 North Westshore Blvd., 5th Floor, Tampa, FL 33607; 813-282-1225, Fax 813-282-9195.
Baja Chuy’s Mesquite Broiler, Inc. operates 30 Mexican food restaurants in CA and AZ. Freestanding facilities of 2,500 sq.ft. to 4,000 sq.ft. on a land area of 45,000 sq.ft. are of interest. The company plans four to six openings in the coming 18 months. Expansion opportunities are sought in CA, AZ and NM. A 10-year lease with options is typical. For more information, contact Mike Dubreuil, Baja Chuy’s Mesquite Broiler, Inc., 2215 1st Street, Suite 101, Simi Valley, CA 93065; 800-342-4897, Fax 805-582-2408.
ICH Corporation trades as Arby’s at 210 locations in CT, FL, MI, NJ, OR, PA, TX and VA. Freestanding facilities of 3,000 sq.ft. to 3,800 sq.ft., with drive-thru capabilities, on a land area of 35,000 sq.ft. are of interest. Expansion plans call for 25 openings in the coming 18 months. Growth will continue in the existing markets. Demographic requirements include a population of 40,000 in three miles with $50,000 as the average income. A 10 to 20-year lease is typical. For more information, contact Edward Chappell, ICH Corp., 9255 Towne Drive, Suite 600, San Diego, CA 92121; 619-587-8534, Fax 638-2081.
The Restaurant Co. trades as Perkins at 480 locations in 38 states and Canada. The restaurants utilize 4,500 sq.ft. to 6,000 sq.ft. freestanding facilities on a land area of 1.25 to 1.5 acres. Expansion plans call for 45 opening in the coming 18 months. Opportunities for growth are sought nationwide, exclusive of CA, OR, TX, NM and New England. Demographic requirements include a population count of 30,000 in three miles earning at least $35,000 as the average income. A 20-year lease with options is typical. The company is franchising. For more information, contact W. Harrison Wires, The Restaurant Co., 6075 Poplar Avenue, Suite 800, Memphis, TN 38119; 901-766-6491, Fax 901-537-7100.
Vinny Testa’s Restaurant Group operates seven upscale, casual dinner restaurants in MA and PA. The company plans to open 10 units in the coming 18 months. Expansion opportunities are sought in NH, RI, ME, VT, CT, NY, NJ, PA, MD and VA. Locations of 7,000 sq.ft. in specialty and entertainment centers are of interest. Demographic requirements entail a population of 200,000 in five miles earning $50,000 as the average income. Preferred co-tenants include movie theaters and other national restaurant chains. The restaurants average sales of $500 psf and cater to college educated customers in the 30s age group. A 20 to 25-year lease is typical. For more information, contact Martin Bloom, Vinny Testa’s Restaurant Group, 237 Highland Avenue, Needham, MA 02194; 781-444-1935, Fax 781-444-1236, Email: mbloom@eaccess.net
Hospitality Restaurant Group LLC trades as Taco Bell, Pizza Hut and Kentucky Fried Chicken at 90 locations in FL, MI and NY. The fast food concepts utilize spaces of 600 sq.ft. to 2,500 sq.ft. in freestanding facilities and malls. Expansion plans call for three openings in the coming 18 months. Growth will take place in NY and MI. Preferred co-tenants include Target. Demographic requirements entail a population of 25,000 in two miles earning $30,000 as the average income. A 10 to 40-year lease is typical. For more information, contact Ken Underwood, Hospitality Restaurant Group LLC, 812 S. Garfield, Suite 4, Traverse City, MI 49686; 231-941-5052, Fax 231-941-2396.
American Hospitality Concepts, Inc. trades as Berkshire Grill at three locations in MA, MO and WA. The casual dining restaurants utilize 5,000 sq.ft to 6,000 sq.ft. freestanding facilities. Expansion plans call for the opening of four units in the coming 18 months. Growth will take place in MA, NY and PA. For more information, contact Ben Kenney, American Hospitality Concepts, Inc., PO Box 9078, Braintree, MA 02205; 781-380-3100, Fax 781-380-3168.
Sandella’s LLC trades as Sandella’s Cafe at 19 locations in AZ, CT, NY, TX, MI, PA, CO and NE. The restaurants, specializing in wraps and pizza, use spaces of 1,200 sq.ft. to 2,000 sq.ft. in strip centers and urban/downtown areas. Expansion plans call for 10 openings in the coming 18 months. Opportunities are sought in CA, WA, OR, ID and OH. Demographic requirements include a population count of 20,000 in three miles with $50,000 as the average income. A 10-year lease and a vanilla shell are typical. The company is franchising, while citing Schlotsky’s and Subway as competitors. For more information, contact Douglas Kenyon, Sr., Sandella’s LLC, 9 Brookside Place, West Redding, CT 06896; 203-544-9984, Fax 203-544-9981.
Prandium, Inc. trades as Koo Koo Roo, Chi Chi’s and Hamburger Hamlet at 44 locations nationwide. The food concepts utilize 2,000 sq.ft. to 3,500 sq.ft. in malls, power centers, freestanding facilities and downtown storefronts. Expansion plans call for 10 to 12 openings in the coming 18 months. Growth opportunities are sought throughout Southern CA. Preferred cotenants include Barnes & Noble, Gap, Banana Republic and upscale supermarkets. Demographic requirements include a population count of 100,000 in two miles earning $50,000 as the average income. The company averages sales of $700 psf chain-wide. A five to 10-year lease, with a vanilla shell and upgraded utilities, is the typical deal. For more information, contact Sarah Rouser, Prandium, Inc., 18831 Von Karman Avenue, Irvine, CA 92612; 949-852-5768, Fax 949-852-5735.
La Belle Management, Inc. trades as Bennigan’s at 30 locations throughout MI. The restaurants use spaces of 5,000 sq.ft. to 8,000 sq.ft. in freestanding facilities and malls. Freestanding units require a land area of 1.5 to two acres. Expansion plans call for three openings in the coming months, with growth continuing in the existing market. Demographic requirements include a population of 50,000 in three miles earning $50,000 as the average income. For more information, contact Timothy Coscarelly, La Belle Management, Inc., 405 S. Mission, Mount Pleasant, MI 48858; 517-772-2902, Fax 517-773-7521.
Wing Enterprises trades as Wing Zone at 14 locations in FL, GA, SC, AL, TX, NC, KY, TN and MS. The restaurants use spaces of 1,200 sq.ft. to 1,800 sq.ft. in strip and value centers. Expansion plans call for 25 openings nationwide in the coming 18 months. Preferred co-tenants include supermarkets, discount and drug stores. Demographic requirements include a population of 30,000 in five miles earning $27,000 as the average income. A five-year lease with two five-year-options and a vanilla shell is the typical deal. For more information, contact Tony Mesi, Wing Enterprises, c/o Commercial One, 1515 Bethel Road, Columbus, OH 43220; 614-451-5100, Fax 614-451-9943.
Stewart’s Restaurants, Inc. trades as Stewart’s Drive Ins at 68 locations in NJ, OH, PA, WV, MD and KY. The fast food restaurants use spaces of 700 sq.ft. to 1,500 sq.ft. in power centers, regional malls and freestanding facilities. Expansion opportunities are sought in FL, NJ, OH and PA. Demographic requirements include a population of 35,000 in 10 miles earning $25,000 as the average income. A 10-year lease is typical. The company cites A&W and Sonic as competition. For more information, contact Michael or Steve Fessler, Stewart’s Restaurants, Inc., 114 W. Atlantic Avenue, Clementon, NJ 08021; 856-346-1300, Fax 856-783-7616.
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