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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]
California Virtual Academies (CAVA) are nine virtual charter schools with business agreements with the curriculum-provider K12 Inc. The nine virtual charter schools are CAVA@Fresno, CAVA@Kings, CAVA@Los Angeles, CAVA@Maricopa, CAVA@San Diego, CAVA@San Joaquin, CAVA@San Mateo, CAVA@Sonoma, and CAVA@Sutter.
The 52-year-old CEO and co-founder has watched Cava, the cult-classic Mediterranean fast-casual spot, skyrocket. Since its IPO last summer, the chain’s stock has grown over 300%; it hit a new ...
On a per-unit basis, Cava locations are generating $2.7 million in annual sales. Assuming these strong same-store sales persist, average unit volume can hit $3.5 million in five years. Multiply ...
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 ...
Colorado & Wyoming The Habit Burger Grill: Santa Barbara, California: 1969 Irvine, California: 358 Nationwide Hwy 55 Burgers Shakes & Fries: Goldsboro, North Carolina: 1991 Mount Olive, North Carolina: 108 South and Midwest In-N-Out Burger: Baldwin Park, California: 1948 Irvine, California: 387 West & Texas Jack in the Box: San Diego ...
Cava ended the first half of 2024 with 341 locations. At the midpoint of the year, Chipotle had around 3,500 restaurants. It is an order of magnitude larger than Cava.
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