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In 1910 a brochure was published called, Paso Robles Hot Springs; the great hot springs resort of America by the Southern Pacific Railroad Company. [5] In 1913, the Inn burned down. The following year, in 1914, on the north side of town, the Paso Robles Hot Springs facility opened on a 45-acre site. [2] In 1940, the Inn burned down. [3]
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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Cava's strong same-restaurant sales over the past two years have increased the company's average unit volumes (AUVs) -- the average amount of sales its restaurants generate in a year -- to $2.8 ...
Cava's restaurant-level profit margins are 26.5%, which should translate to at least 10% to 15% consolidated profit margins when including overhead costs once the company stops pushing for growth ...
Paso Robles is the third American Viticultural Area (AVA) located in San Luis Obispo (SLO) County, California.It was established by the Bureau of Alcohol, Tobacco and Firearms (ATF), Treasury on November 3, 1983 based on a petition submitted by Martin Brothers Winery. [10]