|
Food Retailers Expanding Nationwide
|
|
|
Food Retailers Expanding Nationwide World of Good Tastes trades as La Bou at 27 locations and Lemon Grass Cafe and Lemon Grass Restaurant at one location each. The restaurants occupy spaces of 3,000 sq.ft. to 6,000 sq.ft. in freestanding locations, malls and strip centers. Plans call for as many as three openings per year throughout CA. For more information, contact Trong Nguyen, World of Good Tastes, 8109-1 Fruitridge Road, Suite 1, Sacramento, CA 95820; 916-386-1515, Fax 916-387-1820. Jackie’s International, Inc. trades as Bumpers, Pizza Inn and Western Sizzlin at 59 locations throughout AL, AR, LA, MS and TN. The restaurants occupy spaces of 6,500 sq.ft. to 10,000 sq.ft. in freestanding locations. Plans call for 16 openings throughout AR, LA, MS and TN during the coming 18 months. The company prefers to cotenant with McDonald’s and Wal*Mart. Typical leases run 20 years. The company prefers to acquire sites. Preferred demographics include a population of 20,000 within two miles earning $25,000 as the average household income. The company cites Sonic and Burger King as competition. Sales of $300 psf have been reported. For more information, contact S.L. Sethi, Jackie’s International, Inc., 1554 West Peace Street, Canton, MS 39046; 601-855-0146, Fax 601-855-9305; Email: sethi@bumpersdress.com. Villa Enterprises Management LTD, Inc. trades as Villa Pizza and Cozzolis Pizza at 200 locations nationwide and internationally. The pizzerias occupy spaces of 600 sq.ft. to 2,500 sq.ft. in malls and outlet centers. Plans call for 12 openings nationwide during the coming 18 months. Leases running 12 years are typical. A vanilla shell and specific improvements are required. The company cites Sbarro as competition. The company is franchising. For more information, contact Adam Torine, Villa Enterprises Management LTD, Inc., 17 Elm Street, Morristown, NJ 07960; 973-285-4800, Fax 973-285-5252; Email: atorine@villapizza.com, Web site: www.villapizza.com. Ruth’s Chris Steak House trades as Ruth’s Chris Steak House at 87 locations nationwide and internationally. The restaurants occupy spaces of 9,000 sq.ft. in freestanding locations, hotels and mixed-use and strip centers. Plans call for two openings throughout Los Angeles, CA; Boston, MA; NJ and NY during the coming 18 months. Leases running 10 to 15 years are typical. The company cites Morton’s and Smith and Wollensky’s as competition. For more information, contact Judy Walker, Ruth’s Chris Steak House, 3321 Hessmer Avenue, Metairie, LA 70002; 504-454-9072, Fax 504-454-7769. Yardhouse operates four locations and Tequila Jacks operates one location throughout CA. The restaurants occupy spaces of 11,000 sq.ft. in freestanding locations, urban/downtown areas, regional malls and entertainment, specialty and mixed-use centers. Plans call for four openings throughout AZ, CO, NM and TX during the coming 18 months, with representation by Urban Street Advisors. The company prefers to cotenant with theaters and other fine restaurants, including P.F. Chang’s and Fleming. Preferred demographics include a population of 300,000 within seven miles earning $65,000 as the average household income. Leases running 17 years are typical. Sales of $800 psf have been reported. Salt Creek Grille operates three locations throughout CA and NJ. The upscale casual dining restaurants occupy spaces of 7,000 sq.ft. to 8,000 sq.ft. in freestanding locations and entertainment and specialty centers. Plans call for two openings throughout Orange County, CA and San Diego, CA. The company cites its competition as American Grill Concepts. The company prefers to cotenant with theaters and other fine restaurants. Sales of $500 psf have been reported.For more information, contact Linda Crowley, Urban Street Advisors, 10 Overlook, Newport Beach, CA 92657; 949-464-9675, Fax 949-464-9674. |