There are some clues from past experience in the graduates from my ten-year long project – Ones to Watch – which identifies restaurant brands that have 5 to 25 outlets with a growth rate (in terms of new sites) of 20% or more over the prior 3 years. Over the years, 49 brands, by virtue of expanding to over 25 sites, have “graduated” from Ones to Watch. These companies are a useful collection that allows us to look at how the casual dining / fast casual sector has evolved since 2012.
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