Double R Restaurant Group

Part
01
of five
Part
01

Double R Revenue

There is no information in the public domain revealing Double R Restaurant Group's overall annual revenues. However, one of the company's brands, Another Broken Egg Cafe, has an estimated annual revenue of $94.7 million, up from $70.3 million in 2016, according to Inc. and CrunchBase, respectively.

Helpful Findings for Double R Restaurant Group's Annual Revenue

Research Strategy:

We started by investigating the Double R Restaurant Group directory in search of the company's revenue information, but the company did not have any data relevant to revenue or sales publicly available. They only provided information about their two brands, Romacelli Bistro & Vino and Another Broken Egg Cafe, as well as the number of branches they operated.

Next, we proceeded to investigate company intelligence portals, including ZoomInfo, CrunchBase, Bloomberg, and others, hoping to locate data pertinent to the group's annual revenue. This investigation revealed that Double R Restaurant Group is a privately-held company, meaning that they are not obligated to disclose their financial information. This finding explained why the group's annual revenue was not readily available in the public domain.

Finally, we investigated each of the two brands owned by Double R Restaurant Group, looking to find revenue estimates specific to each. This time, we located reports by Inc. and CrunchBase, revealing the estimated annual revenue of Another Broken Egg Cafe. Unfortunately, such information was not publicly available for the group's second brand, Romacelli Bistro. Further research only produced reports by Restaurant News, BBR Creative, and others, highlighting the growth of the Double R Restaurant Group with no data relevant to revenues.

Hence, due to the lack of information on Double R Restaurant Group's overall revenue available in the public domain, the research team provided helpful findings on the revenue estimates for Another Broken Egg Cafe that is the most significant of the group's two brands with 28 out of 31 branches, according to the company's website.
Part
02
of five
Part
02

Double R Competitors

The research team discovered five significant competitors of Double R Restaurant Group from reports by USA Today, FSDBCO, Restaurant News, and others. They include Seasons 52, Maggiano's Little Italy, Pappadeaux Seafood Kitchen, J. Alexander's, and Eddie V's Prime Seafood.

Double R Restaurant Group's Top Competitors

  • Seasons 52 is a casual dining restaurant chain, serving customers with a seasonal menu that features various fresh ingredients. The company is one of the top restaurant chains in the US, according to reports by USA Today and FSDBCO, respectively.
  • Maggiano's Little Italy is a casual dining restaurant chain in the US that specializes in Italian-American cuisines. Both USA Today and FSDBCO listed them among the top restaurant chains.
  • Pappadeaux Seafood Kitchen serves fresh seafood in a casual dining setting and has been in existence since 1986. Pappadeaux Seafood Kitchen is one of the top restaurant chains in the US, according to reports by USA Today and FSDBCO, respectively.
  • J. Alexander's Holdings Inc. is a US casual dining restaurant chain, serving a varied menu and headquartered in Nashville. According to USA Today and FSDBCO, the company is among the top restaurant chains.
  • Eddie V's seafood casual dining restaurant chain serves quality and fresh seafood menu, as well as prime steaks. Eddie V's restaurant is one of the top restaurant chains in the US, according to reports by USA Today and FSDBCO, respectively.

Research Findings Used to Determine Competitors

  • A report by Restaurant News observed that Double R Restaurant Group is one of the fastest-growing restaurant chains in the United States.
  • Information on the Double R Restaurant Group showed that they have two brands with a total of 31 locations.
  • According to a report by USA Today, the top small restaurant chains in the United States, having 10-50 locations include Eddie V's Prime Seafood, Seasons 52, Houston's, Ocean Prime, J. Alexander's, Fogo de Chão, Pappadeaux Seafood Kitchen, Half Shell, Oyster House, Biaggi's Ristorante Italiano, and Maggiano's Little Italy.
  • Out of FSDBCO list of the top 250 restaurant chains in the US, operating in the casual dining and varied menu segments, which Double R Restaurant Group restaurants also operate in, includes Seasons 52, Maggiano's Little Italy, Pappadeaux Seafood Kitchen, J. Alexander's, and Eddie V's Prime Seafood.

Research Strategy:

We began by researching the Double R Restaurant Group website, hoping to identify reports or press releases with insights into their top competitors. This investigation only produced information about their two brands, Romacelli Bistro & Vino and Another Broken Egg Cafe, highlighting that they had a total of 31 branches.

Next, we examined reports by relevant restaurant and media portals in search of information highlighting competitors of Double R Restaurant Group. Here, we located a report by Restaurant News, which revealed that Double R Restaurant Group was one of the fastest-growing restaurant chains in the US.

Based on this information, we switched to investigate the top restaurant chains in the US and discovered a report by USA Today, which listed the top US restaurant chains with 10-50 branches. Also, we found another report by FSDBCO of the top 250 US restaurants, as well as the segments they operated in. Therefore, we selected restaurant chains with 10-50 branches (since Double R Restaurant Group has 31 branches) and those highlighted to operate in casual dining and varied menu segments, according to FSDBCO's report.

Due to the lack of further relevant information in the public domain revealing the most significant competitors of Double R Restaurant Group, we took those in the same range and category reported by FSDBCO and USA Today as proxy for determining the company's top competitors.


Part
03
of five
Part
03

Double R Competitive Landscape, Pt 1

Double R Restaurant Group provides customers fresh cuisines, exceptional service, and genuine hospitality. Seasons 52 is a casual dining, varied menu restaurant focused on serving customers freshly-made delicacies, while Maggiano's Little Italy offers made-from-scratch Italian-American casual dining cuisines. The research team provided full details of a competitive landscape for Double R Restaurant Group in this attached spreadsheet.

Competitive Landscape


Research Strategy

We began by investigating the directories of the Double R Restaurant Group and two of its competitors, Seasons 52 and Maggiano's Little Italy, identified in our earlier research. This investigation yielded insights into each restaurant's overview, products & services, and others. Unfortunately, there was no information pertinent to their customer profiles.

Therefore, we proceeded to investigate relevant external websites, including Restaurant News, TripAdvisor, MBA Skool, Restaurant Business, and others in search of information pertinent to the target customer profiles of each restaurant chain, as well as other data requested. We located reports by MBA Skool and CourseHero relevant to the target market of Maggiano's Little Italy and Seasons 52, respectively. However, these reports did not highlight explicit information about the customer profiles of these restaurants; neither was such information available for Double R Restaurant Group.

Finally, we examined data from site analysis tools such as SimilarWeb, SpyFu, and others, hoping to find data relevant to the customer profiles for the restaurants in this request. This investigation only produced data, showing the interests of people who visit these restaurants and not their profiles. Therefore, we provided these findings as a proxy for the target market of these restaurant chains.


Part
04
of five
Part
04

Double R Competitive Landscape, Pt 2

The needed competitive landscape for three of Double R Restaurant Group's competitors, including Eddie V's Prime Seafood, Pappadeaux Seafood, and J. Alexander's, have been provided in columns E-G of this attached spreadsheet. J. Alexander's is a US contemporary casual dining restaurant chain, while Pappadeaux Seafood Kitchen serves fresh seafood in a casual dining setting. Eddie V's offer its customers the best selection of seafood options.

Double R Restaurant Group Competitive Landscape

  • Eddie V's Prime Seafood, Pappadeaux Seafood, and J. Alexander's are among the top restaurant chains in the United States, according to a report by FSDBCO.
  • Across the United States, Pappadeaux Seafood, Eddie V's Prime Seafood, and J. Alexander's have 40, 19, and 32 branches, respectively.
  • Eddie V's Prime Seafood's competitive advantage revolves around four areas, two of which are the use of extensive insights and data to understand and communicate with guests better, as well as strategic planning processes.
  • Pappadeaux's competitive advantage lies in its ability to train its employees to deliver personalized experiences to customers.
  • As requested, the research team provided the needed competitive landscape for Double R Restaurant Group in columns E-G of this attached Google sheet

Research Strategy:

We began by investigating the directories of the Double R Restaurant Group competitors, including Eddie V's Prime Seafood, Pappadeaux Seafood, and J. Alexander's. This investigation yielded insights into each restaurant's products & services, overview, offering, and others. Unfortunately, there was no information pertinent to their customer profiles.

Therefore, we proceeded to investigate relevant external websites, including Restaurant News, TripAdvisor, Loyalty360, Restaurant Business, and others in search of information pertinent to the target customer profiles of each restaurant chain, as well as other data requested. This time, we located a report by FSR Magazine, indicating that J. Alexander's appealed to Americans who loved seafood. Still, there were no reports, which highlighted explicit information about the customer profiles of these restaurants. Other reports identified in this research yielded some insights into the competitive advantage of these brands.

Finally, we examined data from site analysis tools such as SimilarWeb, Craft.co, SpyFu, and others, hoping to find data relevant to the customer profiles for the restaurants in this request. This investigation only produced data, showing the interests of people who visit these restaurants and not their profiles. Therefore, we have provided these findings as a proxy for the target market of these restaurant chains.


Part
05
of five
Part
05

Double R Restaurant Group Overview

Double R Restaurant Group is a privately held company located at 1100 Camellia Blvd. Ste. 201 Lafayette, LA 70508 Lafayette, LA 70508. The company operates Another Broken Egg Café serving breakfast and brunch, Romacelli Bistro e Vino serving Mediterranean and Italian food, and POUR Restaurant and Bar serving local, chef-driven cuisine.

History

  • Rodney Savoy and Robert Gagnard entered the hospitality industry in 2006 by purchasing Café Roma which later changed to Romacelli Bistro e Vino. Two more branches of Romacelli have opened in the Lafayette area The future growth plan of Romacelli is to expand throughout Louisiana.
  • Rodney Savoy was drawn to the breakfast, brunch, and lunch concept of Another Broken Egg Cafe and this led to the acquisition of the company in Baton Rouge, LA in 2011.

Overview

  • Double R Restaurant Group has 1,001 to 5,000 employees.
  • Double R Restaurant Group is a privately held company located at 1100 Camellia Blvd. Ste. 201Lafayette, LA 70508 Lafayette, LA 70508. They operate Another Broken Egg Café serving breakfast and brunch, Romacelli Bistro e Vino serving Mediterranean and Italian food, and POUR Restaurant and Bar serving local, chef-driven cuisine.
  • Double R Restaurant Group is made up of Rodney Savoy (managing partner), Robert Gagnard (partner), Mike Guidroz (COO), Micheal McDonald (director of operations-Another Broken Egg Cafe), Randy Daniel (director of operations-Romacelli), and Andrea Lacour (Director of Marketing).
  • Romacelli offers fresh and tasty Italian cuisine with a Cajun flair and exquisite wine pairings. Another Broken Egg Cafe offers a "totally egg-ceptional experience for breakfast or lunch".
  • Romacelli has three branches in Youngsville, Louisiana. Three more was opened in 2019. Romacelli has a Facebook and Instagram page.
  • Another Broken Egg Cafe operates in the Southeast, including The Carolinas, Georgia, Texas, and Florida.
  • Another Broken Egg Cafe has 501 to 1,000 employees, according to their LinkedIn page.

Press Search

  • 2018/02/01 — Double R Restaurant Group is opening a second branch in Charlotte Avenue, Nashville.
  • July 18, 2018 — Another Broken Egg Cafe is now open in Sylvan Park, Charlotte Avenue, Nashville.
  • September 17, 2018 — Another Broken Egg Cafe in downtown baton Rouge closed a little over a year and a half in business. Stuart Ottinger, president of Double R Restaurant Group said it closed because of "issues with accessibility and parking downtown".
  • 1/25/2018 — Randy Daniel, director of operations at Double R Restaurant Group was awarded "Active Member of the Year".

RESEARCH STRATEGY

To find information regarding the current agency of record for Double R Restaurant Group and the number of employees in Romacelli Bistro & Vino, we leveraged the companies' website and press releases. However, this proved to be futile, as we were only able to find the number of employees working for Double R Restaurant Group. We also examined the annual reports because they typically contain information regarding the current agency of record, number of employees, and other such data. Nevertheless, since the company is private in nature, annual reports couldn't be located. Further, we scanned company profile databases such as CrunchBase, SimilarWeb, etc. However, the required data was not available.
Sources
Sources

From Part 01
Quotes
  • "ABEC continues to be a priority with ongoing development projected at five to eight new eateries each year across the country. The group has more than 1,000 employees, with 30 to 35 people working each location."
Quotes
  • "Lafayette-based Double R Restaurant Group has announced a plan for growth in 2016-18 that includes six new Romacelli Bistro e Vino, five POUR Restaurant and Bar and a new steakhouse concept that will complement its role as the largest franchisee of Another Broken Egg Café. "
  • "The company plans to build on its experience successfully operating 25 Another Broken Egg Café locations in the southeast to further expand its portfolio of restaurants throughout the state. "
Quotes
  • "Another Broken Egg has $94.7M in estimated revenue annually."
  • "Another Broken Egg Cafe is an award-winning restaurant concept and a leader in the daytime brunch sector with 65 cafes open across the United States."
From Part 03
Quotes
  • "Seasons 52, by way of a farmer’s market-inspired menu, rustic cooking techniques, and a rustic wine bar, attracts those with varied taste buds."