Southern Concepts Restaurant Group, Inc. opened its third full-service Southern Hospitality restaurant in the Colorado market at the intersection of C-470 and Quebec in Lone Tree, Colo. This new location marks the first of three anticipated new unit openings planned for 2015. The company estimates this store will generate $3.2 million in sales on a normalized annual run rate basis, on which it should earn roughly 20% in store level net income.

The company plans to open two additional units in the year 2015 as it enters the fast casual segment of the restaurant industry. The fast casual concept is being designed to maximize efficiency, convenience and store-level profitability.