Almost four years after Pete Wells’ now infamous review rays Guy Fieri the eponymous Times Square eatery, Guy’s American Kitchen & Bar, ran in the New York Times, the restaurant is doing better than ever.
According to a recently released analysis of the top 100 grossing independent restaurants (places with five or less locations), Fieri’s first restaurant in New York City took in $17 million in 2015—making it the 39th top earning independent restaurant in the country.
Food critic Pete Wells takes another acclaimed restaurant in New York City
The survey, conducted by the trade magazine Restaurant Business, estimates that the Times Square restaurant served 405,000 meals with an average check of only $42. That is a piece of donkey sauce for a lot of people. Last year, the restaurant was about $16 million.
Compare that with the country of the highest scoring restaurant– Asian Bistro Tao in Las Vegas—which served something more than 22,700 meals with an average check of $96. Tao $47.9 million in 2015. And despite the fact that open for only 10 months of the year, the original Joe’s Stone Crab in Miami Beach was the country’s second highest grossing restaurant with more than $36.8 million in sales last year.
Restaurant Business’ methodology used in independent studies and self-reported figures, not only the sales data of the restaurant groups themselves.
Guy Fieri looks pretty normal, without his signature spiky hair
New York City has 30 of the country’s top grossing restaurants make it the most well-represented city on the list. But Las Vegas, which has 15 restaurants on the top 100, is the owner of the majority of the highest controls. Carnevino, Mario Batali and Joe Bastianich Italian steakhouse in The Palazzo Hotel, had an average ticket price of € 180. The cost of a classic Florentine porterhouse at Carnevino is $170—the most expensive meat on the menu.
The most budget-friendly top earner was Zehnder’s of frankenmuth area in the East of Michigan, with an average check of $15. They also served about 967,000 meal of roasted chicken, Bavarian sausages and schnitzel in 2015.
Americans love steaks, seafood and Italian cuisine– and a variety of price points are well represented in the top 100. But all of the top earners have one thing in common-they are aimed larger audience and offer hundreds of diners at a time.
Futuristic food: How the hospitality industry is gearing up to go high-tech
The hospitality industry may be faced with a lot of challenges, but generally, the restaurants in this year, the top 100 ranking had total food and beverage revenue of approximately $1.8 billion in 2015.
The highest-grossing independent restaurants in America, 2015
1) Asian Bistro Tao, Las Vegas – $47,941,106
2) Joe’s Stone Crab, Miami – $36,837,000
3) Tao Downtown New York City – $33,822,962
4) Carmine’s (Times Square), New York City – $32,015,788
5) Old Ebbitt Grill, Washington, D. C. – $30,568,157
6) Lavo In New York City – $27,508,162
7) Smith & Wolensky, New York City – $25,584,000
8) Gibsons Bar & Steakhouse- $23,636,657
9) First 112 – $23,600,000
10) Joe’s Seafood, Prime Steak & Stone Crab, Washington, D. C. – $23,600,000