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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.
A group of people eating takeout from Cava. Image source: Cava. ... The company is on track to open 56 to 58 locations this year, meaning it will finish 2024 with 365 to 367 locations. Over the ...
If you go back to third-quarter 2018 and 2019, which is a strong period for Chipotle between its food-borne illness issues and COVID, its RLMs were 18.7% and 20.8%, so Cava is very well situated ...
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]
At one time, it was the largest Mexican restaurant chain in the United States with 130 locations worldwide before bankruptcy forced sale of U.S. locations to Outback Steakhouse. All that remains of the former chain by the second decade of the 21st century is a single franchised location in Vienna. Du-par's: Restaurant and bakery
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 ...
Illinois is the 13th-wealthiest of the 50 United States, with a per capita income of $37,728 according to the 2020 census. Illinois counties ranked by per capita income [ edit ]