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At the end of Q3, Chipotle had more than 3,300 restaurants. ... Cava plans to open 65 to 70 new locations this year. By 2032, the company aims to operate 1,000 locations in the US, which Schulman ...
In 2024, it expects to open around 55 new locations. ... Last quarter, traffic to Cava restaurants -- on a per-restaurant basis -- grew 9.5% year over year. Same-store sales growth was 14.4%. Same ...
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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]
Tolivar and Cava CEO Brett Schulman work with the real estate team on selecting new locations across the country. When opening new restaurants, the company typically allocates about 10% to 20% to ...
In its IPO documents, management said it thinks there is room for at least 1,000 Cava restaurant locations in the United States. Last year, it opened 72 stores, and it plans to open 50 more in 2024.
Brett Schulman knows crazy—and he’s not talking about the feta.. The 52-year-old CEO and co-founder has watched Cava, the cult-classic Mediterranean fast-casual spot, skyrocket.
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