Eleven Madison Park operators plan a fast-casual entry

eleven madison park

The duo behind New York City’s acclaimed Eleven Madison Park fine-dining outpost are preparing to launch a new fast-casual concept with parallels to Jose Andres’ Beefsteak.

The venture, Made Nice, will feature seasonal and artisan ingredients at a price ranging from $10 to $15 a ticket, Daniel Humm and William Guidara told The Wall Street Journal

The pair stressed that their initial site, not far from Eleven Madison, will be conceived and developed as a restaurant, not as Unit 1 of a massive chain.

However, as alumni of Danny Meyer’s Union Square Hospitality Group, they had exposure to a killer multi-concept fast-casual brand, Shake Shack, which USHG spun off in a stock offering earlier this year.  The original Shake Shack location is a truffle throw from the front door of Eleven Madison, which Meyer sold to them a few years ago.

Eleven Madison is regarded as one of the best and most successful restaurants in the country, with a three-star rating from Michelin. 

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Marketing

Meet the restaurant industry's new government adversary

Reality Check: The FTC wants the business to change several longstanding operating conventions. Has it heard why that's a bad idea?

Financing

Why are so many restaurant chains filing for bankruptcy?

The Bottom Line: A combination of rising costs and weakening sales, and more expensive debt, has caused real problems for restaurant chains. But the industry is also really difficult.

Financing

Despite their complaints, customers keep flocking to Chipotle

The Bottom Line: The chain continued to be a juggernaut last quarter, with strong sales and traffic growth, despite frequent social media complaints about shrinkflation or other challenges.

Trending

More from our partners