Zoës Kitchen
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Type | Subsidiary |
---|---|
Industry | Restaurants |
Genre | Fast Casual |
Founded | June 1995 Homewood, Alabama, U.S. | (as Zoe's Kitchen, Inc.)
Founder | Marcus Cassimus Zoë Cassimus |
Headquarters | , U.S. |
Number of locations | 258 stores |
Area served | United States |
Products | Sandwiches Pitas Salads Soups Kabobs Other food products |
Revenue | ![]() |
Number of employees | 4,200[1] |
Parent | Cava Group |
Website | www |
Zoës Kitchen is a restaurant chain headquartered in Plano, Texas, United States that is a subsidiary of the Cava Group. Serving a menu of variety of chicken salad, pasta salad, pitas and grilled chicken sandwiches, the chain has grown to include over 200 locations across 17 [2] states with plans to expand further. Zoës’ menu features Mediterranean-inspired comfort food with made-from-scratch recipes using fresh ingredients.
History[]
Zoës Kitchen was originally incorporated in Homewood, Alabama, in June 1995 as Zoe's Kitchen, Inc.[3] It was founded by Zoë and Marcus Cassimus.[4] Originally, the restaurants were not franchised, with Cassimus retaining a 51 percent ownership stake in all newly opened locations.[5]
Its first location opened in October 1995 in downtown Homewood.[6] A second location opened in the Riverchase section of Hoover in 1999 and a third in downtown Birmingham in March 2001.[4] The restaurant continued its expansion with the opening of its first store outside the Birmingham area in Tuscaloosa in May 2001 and its first out-of-state location in Nashville, Tennessee, in the fall of 2001.[7] By 2006, Zoës had expanded to sixteen restaurants, with eight located in Alabama and others located in Phoenix, Nashville, Memphis, Baton Rouge and Destin.[8]
With 20 stores open by 2007, Cassimus sold a majority ownership stake to Brentwood Associates of Los Angeles.[9] Following the purchase, Cassimus announced that he would remain as chief executive, the company would remain headquartered in Birmingham, and the menu would not be affected. Additionally it was revealed that the sale could potentially result in the opening of 200 new franchises over the next five years.[9] By Spring 2008 GE Capital Solutions loaned the company $10 million to allow for the development of 50 new stores across the southeast and southwest.[10]
In November 2008, Cassimus resigned, with Greg Dollarhyde taking his place as CEO.[11] Formerly the CEO of Baja Fresh, Dollarhyde announced that he would be looking to expand the restaurant to new locales with two-thirds remaining company owned and the remainder being franchised.[11]
As of August 2011, Zoës has 11 franchised stores and the rest are company-owned [41]. President Kevin Miles announced that Zoës would consider multi-unit franchisees in the future.
Zoës launched online ordering in 2011 and a mobile loyalty app in 2013.
Miles promised that the company would stay headquartered in Birmingham (the city where the company was founded and a majority of employees were located), in 2011.[12] In 2014, though, when the company announced that it was going to be publicly traded,[13] SEC filings showed the headquarters as Plano, Texas.[14] Reasons given for the shift included simplifying travel, a lack of talent available in Birmingham (the talent source for the company's initial growth and development), and the need to consolidate offices to prepare for an IPO. Local media, business, and civic leaders said they were unaware of the move.
In August 2018, Zoës was acquired by Cava Group, Inc. for $12.75 in cash for each Zoës common share. CAVA is a privately held Mediterranean restaurant chain.
On September 24, 2018, American Airlines announced that Zoe's Kitchen will be the primary food partner to serve the light snack and food items in Main Cabin seats.[15]
Locations[]
As of March 2015, Zoës Kitchen has 203 locations throughout seventeen states of the United States.[16]
References[]
- ^ a b "Zoë's Overview". Retrieved August 28, 2021.
- ^ [1][dead link]
- ^ "June incorporations in Jefferson County". The Birmingham News. July 18, 1995.
- ^ a b Williams, Roy L. (November 14, 2000). "Zoe's to expand downtown". The Birmingham News.
- ^ Williams, Roy L. (November 10, 2002). "Former running back to kitchen coach". The Birmingham News.
- ^ Harvey, Fletcher (September 21, 1995). "New Zoe's features healthy menu". The Birmingham News.
- ^ Williams, Roy L.; O'Hara, Jo Ellen (November 7, 2003). "Zoe's debuts its new look when Federal Place restaurant opens". The Birmingham News.
- ^ Williams, Roy L. (May 31, 2006). "Zoe's set to spread wings with stores in more states". The Birmingham News.
- ^ a b Goodman, Sherri C. (November 2, 2007). "Zoe's Kitchen selling big stake Cassimus sees deal as spice for expansion". The Birmingham News.
- ^ Williams, Roy L. (April 16, 2008). "Finance plan will enable Zoe's to add 50 locations". The Birmingham News.
- ^ a b Williams, Roy L. (December 10, 2008). "Zoe's new CEO wants to grow the eatery's brand". The Birmingham News.
- ^ "Zoës Kitchen set to add up to 5 spots". Bizjournals.com. Retrieved 21 November 2021.
- ^ "Zoës Kitchen files IPO, looks to raise $80.5M". Bizjournals.com. Retrieved 21 November 2021.
- ^ "Why Zoës Kitchen moved its HQ from Birmingham". Bizjournals.com. Retrieved 21 November 2021.
- ^ "Take a Bite: American Airlines and Zoës Kitchen Add New Flavors to the Main Cabin Menu". news.aa.com.
- ^ "Location Search - Zoës Kitchen". zoeskitchen.com.
External links[]
- Restaurants in Birmingham, Alabama
- Economy of the Southeastern United States
- Economy of the Southwestern United States
- Restaurant chains in the United States
- Fast-food chains of the United States
- Restaurants established in 1995
- 1995 establishments in Alabama
- Fast casual restaurants
- Companies formerly listed on the New York Stock Exchange
- Companies based in Plano, Texas
- 2014 initial public offerings
- 2018 mergers and acquisitions