Cava Group

CAVA is a fast-casual serving customizable Mediterranean bowls, salads and pitas. Cava Group is a privately held restaurant chain founded in 2006 in Rockville, Maryland, by Ted Xenohristos, Chef Dimitri Moshovitis and Ike Grigoropoulos focusing on casual Mediterranean cuisine with locations across the United States under the name Cava Grill. In 2018, the company bought Zoës Kitchen in a deal worth $300 million.[1] The combined company is the largest restaurant operator in the Mediterranean category in the U.S. restaurant industry.[2] As of April 2019, the company owns 330 restaurants.[3]

Cava Group
IndustryHospitality industry
Founded2006
Headquarters
Rockville, Maryland
,
U.S.
Key people
CEO Brett Schulman, Founder Ted Xenohristos
Websitecava.com

Cava was founded in 2006 by first-generation Greek Americans Ike Grigoropoulos, Dimitri Moshovitis, and Ted Xenohristos. In 2009, Brett Schulman joined as CEO.[4] Fishbowl Analytics named Cava Grill its top emerging restaurant brand in 2019.[5]

The restaurant is piloting drive-thru-style pickups at several locations.[6]

In addition to its restaurants, Cava makes a line of 10 dips and spreads that are available at all 474 Whole Foods Market locations in the United States,[7] and have also expanded to include additional specialty grocery stores. In addition to its brand, the three founders still operate the original five locations under the name Cava Mezze as a separate entity.

In the weeks following the Covid-19 pandemic, Grigoropoulos said revenue was down "85 percent."[8]

References
  1. "Cava Group acquires a massive competitor". Washington Business Journal. August 17, 2018. Retrieved January 7, 2020.
  2. "CAVA to acquire Zoe's Kitchen for $300 million". Reuters. August 17, 2018. Retrieved January 7, 2020.
  3. "Cava sets its sights on bigger national presence after Zoes Kitchen acquisition". CNBC. April 18, 2019. Retrieved January 7, 2020.
  4. "People are obsessed with this Mediterranean chain that's taking over America — here are its secrets". Business Insider. March 30, 2017. Retrieved January 7, 2020.
  5. "These 10 restaurants could be the next Sweetgreen". CNBC. March 26, 2019. Retrieved January 7, 2020.
  6. "What's cooking: An inside look at Cava's new innovation kitchen". QSR Magazine. September 17, 2019. Retrieved January 10, 2020.
  7. "CAVA Expands Dips and Spreads Line to Whole Foods Nationwide". QSR Magazine. March 26, 2019. Retrieved January 7, 2020.
  8. "Don't forget about us. Restaurants beg general public to place takeout, delivery orders". WJLA. March 10, 2020. Retrieved March 23, 2020.
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