Modern Restaurant Concepts
Modern Restaurant Concepts owns and operates QDOBA Mexican Eats and Modern Market Eatery, with nearly 800 locations across the U.S., Canada, and Puerto Rico, focusing on health-focused, fast-casual dining options.
Company Overview of Modern Restaurant Concepts
Modern Restaurant Concepts is a national multi-concept restaurant platform that focuses on better-for-you concepts. Backed by Butterfly, a Los Angeles-based private equity firm, it operates two fast-casual restaurant brands: QDOBA Mexican Eats and Modern Market Eatery. With a combined footprint of nearly 800 restaurants, the company spans across the U.S., Canada, and Puerto Rico. In 2019, Modern Market Eatery and Lemonade merged to form Modern Restaurant Concepts, signaling a strategic move to scale its health-focused concepts nationwide.
Restaurants Under Modern Restaurant Concepts
Modern Restaurant Concepts operates two well-known fast-casual brands: QDOBA Mexican Eats and Modern Market Eatery. QDOBA has a significant presence with 750 locations across the U.S., Canada, and Puerto Rico, offering freshly prepared, customizable burritos, bowls, tacos, quesadillas, nachos, and salads. It has been recognized as the 'Best Fast Casual Restaurant' for four consecutive years by the USA Today 10Best Readers’ Choice Awards. Modern Market Eatery, with 29 locations in Colorado, Texas, Arizona, Denver International Airport, and the Notre Dame Campus, offers a menu that includes protein-centric bowls, garden fresh salads, toasted sandwiches, and brick oven pizzas.
Expansion and Franchising Efforts
Modern Restaurant Concepts is actively expanding its footprint through strategic franchising. Modern Market Eatery launched its franchising program in 2021 and signed its first franchise with Thrive Restaurant Group in September 2022. The company has also signed a 41-unit development deal with Thrive Restaurant Group. This expansion is part of its broader strategy to scale its health-focused concepts nationwide, with a long-term goal of creating a multi-restaurant platform of more than 3,000 restaurants.
Menu Offerings at Modern Market Eatery
Modern Market Eatery's menu emphasizes healthy, protein-centric bowls, garden fresh salads, toasted sandwiches, and brick oven pizzas. These offerings cater to various dietary preferences and aim to provide nutritious and delicious meal options. Located in Colorado, Texas, Arizona, Denver International Airport, and the Notre Dame Campus, Modern Market Eatery continues to attract customers who prioritize health and well-being in their dining choices.
QDOBA Mexican Eats Restaurant Details
QDOBA Mexican Eats is a prominent part of the Modern Restaurant Concepts portfolio, with 750 locations across the U.S., Canada, and Puerto Rico. The restaurant is known for its freshly prepared, customizable menu items which include burritos, bowls, tacos, quesadillas, nachos, and salads. QDOBA hand-prepares ingredients in-house to ensure quality and freshness. The brand has received significant acclaim, being voted the 'Best Fast Casual Restaurant' for four consecutive years by the USA Today 10Best Readers’ Choice Awards.