14 Restaurant Power Players to Watch in 2022
By Nicole Duncan
August 8, 2022
The following 14 chains—appearing in no particular order—are among the largest brands in the restaurant sector. Because they’re privately held, financial performance can be more difficult to judge year over year. Nevertheless, variables such as store openings and closings, mergers and acquisition, new tech solutions, customer engagement, and workforce initiatives serve as their own benchmarks and help divine which restaurants are on the up and up
Methodology: The sales and unit count data for the FSR 50 was collected and calculated using public filings with the Security and Exchange Commission. All brands were contacted to confirm numbers, although not all replied. The data reflects U.S. locations only and encompasses both corporate-owned and franchised units.
Black Bear Diner entered 2021 from a position of strength, having opened six locations (and only closing one) at the height of the pandemic. This year, it’s working to add 20 new units, marking a return to its pre-COVID annual average. In the future, that number could be even higher as the brand doubles down on franchising.