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In November 2018, Cava Group bought Zoës Kitchen, a restaurant chain with more than 250 locations, in a deal worth $300 million, taking the company private and helping Cava expand further into the suburbs. [6] [17] [18] As of August 2021, there are 133 Cava locations. All Cava restaurants are company-owned, and none are franchised. [6]
Even more specifically, there was legislation passed in California called AB-1228 which required chains of a certain size, like us, to be paying a minimum wage of $20 or more.
If Cava hits 1,000 locations and a $4 million AUV, that is $4 billion in annual revenue 10 years from now with still plenty of room for store expansion thereafter. Trailing-12-month revenue was ...
Cava now has 341 locations spread around the United States, with unit count growing by over 20% year over year last quarter. In 2024, it expects to open around 55 new locations. ... Cava's near 15 ...
On December 8, 1980, Ochoa opened his first U.S. restaurant in Los Angeles, California, at 503 South Alvarado Street, near west Sixth Street. [8] [9] The first American location was only 1,500 square feet (140 m 2) and it grossed more than $125,000 per month during its first year of operation. [10]
Pick Up Stix is an American fast-casual restaurant chain based in Laguna Hills, California, [1] that serves fresh Asian cuisine (or Chinese-American cuisine as well) through corporate-owned restaurants and franchises in Southern California. The company serves both dine-in and take-out customers, and offers offsite catering and some delivery ...
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