Mar
28

Jacksonville has 6 Restaurants of the Top 10 Fastest Growing

The Ten Fastest-Growing Chains with Sales Over $200 Million

Ranked by Percentage Increase in Sales in 2010 vs. 2009

Rank Chain 2010 U.S. Sales ($MM) % Sales Change % Unit Change
1 Five Guys Burgers and Fries $625* 38% 35%
2 Jimmy John’s Gourmet Sandwich Shop 735* 22 20
3 Chipotle Mexican Grill 1,832 21 14
4 BJ’s Restaurant & Brewhouse 514 20 10
5 Yard House 216* 18 16
6 Cheddar’s Casual Cafe 309* 14 15
7 Buffalo Wild Wings Grill & Bar 1,712* 14 12
8 Firehouse Subs 235 14 8
9 Noodles & Company 261 14 11
10 Panda Express 1,404 13 5
Total $7,843 18% 14%

*Technomic estimate

In total, the top 10 fastest-growing chains’ sales accounted for $7.8 billion, an 18 percent increase over 2009. Unit counts grew 14 percent.

More than 50 percent of the Top 500 restaurant chains posted at least nominal sales increases; only 231 of these chains suffered sales declines in 2010 compared to 283 in 2009. Both winners and losers appeared in each segment and menu category. These widely-mixed results demonstrate the overall competitiveness of the industry and the need for suppliers and operators to carefully identify and focus on the winners.

International performance by the Top 500 restaurant chains continued to outperform their domestic counterpart growth in 2010. International sales (up 3.1 percent) outpaced U.S. sales (up 1.8 percent); international unit growth was also up 3.7 percent versus 0.5 percent for U.S. units.

The Technomic Top 500 Chain Restaurant Report provides Technomic’s exclusive 1-year sales forecast by menu category, update on franchise and international activity, 5-, 10- and 20-year trend analyses, outlook for the future, market share by menu category, and much more.

To purchase or learn more about this and other industry reports from Technomic, please visit Technomic.com or contact one of the individuals listed below.

Contacts
Press Inquiries: Darren Tristano, 312-506-3850, or dtristano@technomic.com
Purchasing Details: Patrick Noone, 312-506-3852, or pnoone@technomic.com
Data Requests: Chris Urban, 312-506-3929 or curban@technomic.com

About Technomic

Technomic provides clients with the facts, insights and consulting support they need to enhance their business strategies, decisions and results. Its services include numerous publications and digital products, as well as proprietary studies and ongoing research on all aspects of the food industry.

Source: Technomic, Inc.
Press Contact: Chris Urban, 312-506-3929

Comments are closed.

Google

Jacksonville Town Center Categories