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

*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

Five Guys Burgers and Fries at Town Center

5 guys burger and fries.

As chief operating officer of Calloway Consolidated Group, Chris Calloway, the area franchise owner for Five Guys Burgers and Fries in Northeast Florida, Calloway says Five Guys Burgers and Fries looks for sites with great visibility, parking and the demographics for its menu, which is limited to burgers, hot dogs and fries. “Everybody likes burgers,” said Calloway COO of Five Guys Burgers and Fries at Town Center.

The chain is based in Lorton, Va., near Washington, D.C.

Calloway said Five Guys prefers to locate restaurants seven to 10 miles from each other, although they could be closer if it’s a high-volume area.

Calloway said the Five Guys Town Center is six miles from the restaurant along Southside Boulevard near The Avenues Mall. “Both have been very good for us.”

The Jacksonville Five Guys sales volume is slightly lower than in other more densely populated areas of Florida, but is about 7 percent higher than the average for Five Guys nationwide, he said. “Jacksonville is a very strong market and a good market for what we’re doing,” he said. “We certainly see this area as having the opportunity to grow.”

Calloway said Jacksonville’s many neighborhoods also allow the chain to open as the neighborhood burger joint. “That is something that is really important ot us,” he said. “When we go into these neighborhoods, each is its own little town in a big city.”

For locations, Five Guys looks for the end-cap, the end store, in a shopping center, “but we’re certainly willing to consider other options.”

A prototypical Five Guys restaurant is 2,700 to 3,000 square feet. Average seating is about 90.

The franchise territory stretches from the Florida-Georgia state line to Gainesville and Palm Coast. Calloway said there are 11 stores, with nine in Jacksonville, one in St. Augustine and one in Gainesville.

The franchise group has an agreement for 25 restaurants including the one St. Johns Town Center, which Calloway said all 25 could be completed by 2014.

http://www.jaxdailyrecord.com/showstory.php?Story_id=531842