Trendy Fast-Casual Restaurants
Increase Revenue Potential By Focusing on Improved Consumer
Experience and Hospitality
MarketNewsUpdates.com
News Commentary
Palm Beach, FL -- October 24, 2017 -- InvestorsHub NewsWire --
Recent strong gains in the labor market on the back of a steady
rise in wages will likely encourage consumers to dine out more.
With these expectations in mind, restaurateurs are undertaking
various sales and initiatives to enhance guest experiences and, in
turn, increase revenue growth potential on hopes of attracting more
customers. With recent IPO's, the newest players in the market, The
increase in the demand of fast food in particular has introduced
new concepts like 'take away' or eating better tasting and higher
quality food on the run concept. Active in the market today
includes: FAT Brands Inc. (NASDAQ:
FAT), West Coast Ventures Group Corp. (OTC:
WCVC), Shake Shack Inc. (NYSE:
SHAK), Sonic Corp. (NASDAQ:
SONC), Red Robin Gourmet Burgers, Inc., (NASDAQ:
RRGB).
West Coast Ventures Group Corp. (OTC:
WCVC), which wholly owns fast-casual dining concept ILLEGAL
BURGER, has unveiled two new websites as part of a recent digital
rebranding campaign for both companies. The new online portals
support WCVC's mission to provide its entrepreneurs with the
resources necessary to stand out in today's crowded digital
marketplace. "By launching both websites in tandem, we continue to
extend our reach to an ever-widening audience," said James Nixon,
Chief Executive Officer of WCVC and ILLEGAL BURGER. Read this and
more news for WCVC at: http://www.marketnewsupdates.com/news/wcvc.html
"We believe these innovative mobile-responsive sites will provide
our current clients with relevant and engaging content while
attracting new customers through a revamped digital platform."
ILLEGAL BURGER https://www.illegalburger.com The
Burger + Bar eatery's newly redesigned website offers customers
quick and easy access to information about ILLEGAL BURGER's
always-fresh ingredients, updated menu options, and location
contact information. As part of the update, hungry patrons can now
place convenient online orders at any of the brand's four Denver
restaurants.
West Coast Ventures Group Corp. http://www.westcoastventuresgroupcorp.com - WCVC's new
website has a clean, uncluttered design, simple navigation, and
audience-rich content focused on the company's investors; potential
investors and potential future business partners. The website will
be updated regularly with news of future partnerships, business
activity, and investor and financial information.
West Coast Ventures announced last week it has completed a
reverse acquisition and now solely wholly owns and operates
fast-casual dining concepts ILLEGAL BURGER and El Seor Sol. "We
couldn't be more excited to move to the next step of the process
with West Coast Ventures Group," said James Nixon, Chief Executive
Officer of WCVC and ILLEGAL BURGER
"Becoming a public company is going to help propel us into a
national brand, this reverse takeover will place us in an even
stronger position to branch out into new markets." ILLEGAL BURGER,
a fast-casual Burger + Bar dining concept, prides itself on its
all-natural, never frozen, antibiotic and hormone free ingredients;
homemade sauces; and fresh-baked buns. Every location includes a
full bar and blends up adult milkshakes whirred to order. ILLEGAL
BURGER is in line to expand into the national marketplace as a
leader in the fast-casual dining sector. After this reverse
acquisition, the combined company plans to raise enough equity to
open new locations outside of Denver and intends to begin the
process to become a franchisor of ILLEGAL BURGER restaurants in the
near future.
In other industry developments and events of note:
FAT Brands Inc. (NASDAQ:
FAT), a leading global franchising company that strategically
acquires, markets and develops fast casual and casual dining
restaurant concepts around the world, rang the opening bell at the
Nasdaq MarketSite in Times Square yesterday in celebration of its
Regulation A+ initial public offering (IPO) on The Nasdaq Stock
Market. FAT Brands currently operates the Fatburger, Buffalo's
Cafe, Buffalo's Express and Ponderosa and Bonanza Steakhouse
restaurant concepts, with more than 300 locations open and 273
under development with an overall footprint in 18 countries. They
utilize an asset light franchisor model, which minimizes restaurant
operating company risk, such as long-term real estate commitments
or capital investments. FAT Brands has a scalable management
platform that enables them to add new stores and restaurant
concepts to their portfolio with minimal incremental corporate
overhead cost, while taking advantage of significant corporate
overhead synergies.
Shake Shack Inc. (NYSE:
SHAK) Evolves the In-Shack Experience at Astor Place, NYC - A
reflection of Shake Shack's relentless focus on excellence,
experience and hospitality through innovation, the Astor Place
Shack planned on introducing a new guest flow at the restaurant.
Set to open its doors in early October at 51 Astor Place on the
corner of 9th Street and 3rd Avenue, the Shack is designed to
enhance operations and guest experience and will feature kiosk-only
ordering, a cashless environment, and an optimized kitchen for
greater throughput. Custom-designed by Shake Shack, the Shack kiosk
was developed to allow Shake Shack to serve more guests at peak
times whether in-Shack, for pickup via the Shack App, or even
delivery resulting in fewer lines, less wait time and quicker speed
of service at every channel.
Sonic Corp. (NASDAQ:
SONC), the nation's largest chain of drive-in restaurants, this
month announced results for its fourth fiscal quarter ended August
31, 2017. - Sonic Fiscal 2017 Earnings Per Share Increase 12%
Driven by Refranchising Gains and Asset Sales - Read the full
report at https://finance.yahoo.com/news/sonic-fiscal-2017-earnings-per-201400525.html
Red Robin Gourmet Burgers, Inc., (NASDAQ:
RRGB), a casual dining restaurant chain focused on serving an
innovative selection of high-quality gourmet burgers in a
family-friendly atmosphere, yesterday announced that it will
release results for the quarter ended October 1, 2017, on Monday,
November 6, 2017. The Company will host a conference call to review
financial results on Monday, November 6, 2017, at 5:00 PM ET. The
conference call can be accessed live over the phone by dialing
(877) 723-9521, or for international callers (719) 325-4765. A
replay will be available from two hours after the end of the call
and can be accessed by dialing (844) 512-2921 or (412) 317-6671 for
international callers; the conference ID is 3106139. The replay
will be available until Monday, November 13, 2017.
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