By Edith Wiseman CFE, President, FRANdata
This quarter’s New Concept Report — includes 84 new brands with 300 executive contacts. Overall, there continues to be a quantity of health focused concepts – either healthy food or some kind of alternative health/medical centers. There is a growing trend of stem-focused childhood education brands and Asian inspired QSR. We were also happy to see a handful of Washington DC based concepts (being based in DC ourselves) including our office’s favorite pizza place– Pupatella which grosses almost $2.5 million each year.
There were definitely a few interesting ones this quarter
- Sips N Splatters – new competitor in the new category of painting and drinking
- Hammer-Schlagen – offers entertainment services that feature a game in which people drive nails into wood — referred to as a nail driving competition — at various venues, events, and retail locations. I encourage you to check out their website… You won’t believe it until you see it.
- The Future Billionaire’s Club (business networking clubs)
- BirdsiVideo – riding on the heels of the popularity of drones — BirdsiVideo is a service focused on the use of UAS (Unmanned Aircraft Systems) to take aerial pictures and videos
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