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Zoe's restaurants were doing about half of our revenue at some similar locations where we had Cavas. So we felt there was an opportunity, if we converted it to a Cava, we could unlock significant ...
Comparing Cava to fast-food chains, Schulman believes his concept is so successful because it can promise what chains like McDonald’s and nicer sit-down restaurants can’t: higher-quality food ...
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]
Wherever you go in America, there's a place locals love for tasty meals that cost $15 or less. Discover the best cheap restaurants near you.
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 said that comparable sales surged 14.4% in the period, driven by 9.5% traffic growth. That drove revenue up 35.2% to $231.4 million, which was ahead of estimates of $219.5 million.
Italian Village is located in the north side of Columbus, Ohio just north of Downtown and adjacent to the central business district. [2] The area is bounded by Interstate 670 on the south, Fifth Avenue on the north, North High Street on the west, and the Conrail railroad tracks to the east. [2]
With 20,000 sq ft (1,900 m 2), [2]: 1 the restaurant was one of the largest tiki-themed restaurants in the United States, and operated at its East Broad Street location from 1961 until the building's demolition in 2000. It was built at the heyday of tiki culture's popularity.
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