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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.
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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]
Many were located near gas stations by highways Jerry's Restaurants: Family: United States 1 (~50 at peak) Was much larger, but sold most locations to Denny's in 1980s; was also parent company of Long John Silver's: Lone Star Steakhouse & Saloon: Steakhouse Formerly United States, currently Guam: 1 (267 at peak) Last remaining location is in Guam
Cava’s revenue growth is expected to be 23.58% next year, and it has extremely strong financials. However, because the stock price is up more than 244% for the year as of early December, the ...
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.
For the period ending July 14, Cava reported same restaurant store sales growth of 14.4%. This figure simply takes into account the same restaurants that were opened a year ago.
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