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You're eating really flavorful food, you're eating very satisfying food, and, oh, by the way, it's better for you. You don't have to make compromises, you don't have to make sacrifices.
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.
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 ...
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]
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Worth It was an American entertainment web series by BuzzFeed.Starring Steven Lim and Andrew Ilnyckyj, it ran from September 18, 2016 to April 8, 2023. Posted to Hulu and YouTube, each episode of the series compares three different food dishes from three locations that are sold at low, medium, and high price points.
Rax Roast Beef is a regional U.S. fast food restaurant chain specializing in roast beef sandwiches. The company has been through many iterations, declaring bankruptcy more than once, rising to as many as 504 locations in 38 U.S. states in the 1980s and falling to fewer than 20 locations on more than one occasion.
The Mediterranean-themed restaurant chain Cava Group (NYSE: CAVA) is a good example. As of April 21, Cava had only 323 locations -- about half the footprint of Cracker Barrel.