Meet the 2016 Next 20 restaurant brands

October 12, 2016

The 2016 Next 20 chains are both established — they posted $1.71 billion in sales in their latest fiscal year — and still developing. The brands grew systemwide sales an average of 43.26 percent and increased unit count by an average of 32.31 percent in their last year. Pizza concepts dominate the group. The brands vary widely in size, from chicken chain Lee’s Famous Recipe Chicken, with $160.4 million in U.S. systemwide sales, to Russo’s New York Pizzeria/Coal-Fired Italian Kitchen, with $41.2 million.

Get to know these brands on the rise.

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*The following data involves historic performance information for Domestic Restaurants corporate- or affiliate-owned, open and operating under effective Franchise Agreements by the same franchisee for fiscal year 2021. There are 35 franchised domestic Russo’s New York Pizzeria Restaurants operating under effective Franchise Agreements as of December 31, 2021. 30 of which had been open for 12 months or longer. The following results include (a) the average Gross Sales for the 24 Domestic Russo’s New York Pizzeria Restaurants that were franchisee owned, open, and operated for fiscal 2021. (b) The cash flows for the FOUR (4) company-owned Russo’s New York Pizzeria Restaurants operated for fiscal year ended December 31, 2021. Because we do not maintain the accounting records of our franchisees, we are unable to make any representation to the reliability of the financial data provided by franchised Restaurants.

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