Five Guys Tops Revenue Increases for Restaurant Chains During Recession
Five Guys Burgers and Fries, Turkey Creek, Knoxville TN. Image by Jeaneane Payne
By Jeaneane Payne
During a down-economy, several popular restaurant chains were able to show double-digit increases in sales during 2009.
It seems that burgers, wild wings, and sandwiches were a rave with Five Guys Burgers and Fries reporting a 50% sales increase (a $453 million increase in sales over the previous year). They sell over 350,000 burgers daily and used 127,042,520 lbs. of potatoes in 2010. Five Guys currently has over 750 locations in over 40 states, 4 in Canada, and is opening 200 new restaurants in 2011. The menu? -- Burgers, fries, and dogs with zero artificial trans fats.
Buffalo Wild Wings Grill & Bar rated second in revenue increases with a 22% upward spiral ($1,496 million more in sales for 2009). The chain has 779 stores in 45 states and 1 store in Canada. The menu includes wings, tenders, sandwiches, burgers, and ribs.
Jimmy John's Gourmet Sandwich Shop reported a 21% increase ($602 million). Based in Champaign, Illinois, they have over 1,000 stores in 39 states and serve subs and clubs.
Other chains also had a big increase in sales, including Noodles & Company at 15% ($230 million), Chipotle Mexican Grill at 14% ($430 million), and Firehouse Subs at 10% ($246 million).
Chipotle Mexican Grill has expanded its operations by opening a location in London last month and plans to open additional stores in Paris and Germany.
Noodles & Company, established in 1995, now has 255 restaurants in 21 states.
Published July 25, 2011