how much is a cheesecake factory franchise

Individual Unit Costs

Full Answer

How much does it cost to build a Cheesecake Factory?

Signage typically costs between $15,000 and $25,000 to install. In accordance with the thorough breakdown above, the anticipated cost to establish a cheesecake factory ranges from $214,000 to $1400,000 (including land and building expenses), based on the parameters listed above.

How much does food cost at the Cheesecake Factory?

Their menu includes chickens, cheesecakes, appetizers, flatbread pizzas, salads, sandwiches, pasta, seafood, and desserts. A good meal will cost you $15-20 there. With their large portions, the Cheesecake Factory restaurant’s menu clarifies what American cuisine is all about.

How much does a Cheesecake Factory make?

The average sales per location of The Cheesecake Factory amounted to approximately 7.8 million U.S. dollars. This reflects a 27 percent decrease over the previous year. You need a Single Account for unlimited access. Add this content to your personal favorites.

Is the Cheesecake Factory too expensive?

The Cheesecake Factory is mall food on steroids. Everything is bigger and extravagant, from the signature sugar-bomb desserts to calorie-loaded main dishes that barely fit on the tables. The chain restaurant is also pricier than more middle-of-the-road establishments like Chili’s or Olive Garden. Entrees tend to run from about $15 to $21, while fajitas at Chili’s can be had for a cool $13.

How much does a Cheesecake Factory franchise cost?

It cost $256,000 to open that first restaurant. Today it costs $6.5 million to $7.5 million to open a new Cheesecake Factory (CAKE).

Is Cheesecake Factory a chain or franchise?

Thank you for your interest in The Cheesecake Factory Incorporated. Our full-service restaurants in the United States and Canada are Company-owned and operated. We currently do not franchise or joint venture domestically and have no plans to do so in the future.

Is Cheesecake Factory profitable?

Current and historical gross margin, operating margin and net profit margin for Cheesecake Factory (CAKE) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Cheesecake Factory net profit margin as of June 30, 2022 is 2.65%.

What chain owns Cheesecake Factory?

The company operates 220 full-service restaurants: 206 under The Cheesecake Factory brand, 13 under the Grand Lux Cafe brand, and one under the RockSugar Southeast Asian Kitchen brand....The Cheesecake Factory.TypePublicFounderDavid OvertonHeadquartersCalabasas, California , U.S.Number of locations308 (2021)15 more rows

What is the cost of McDonald's franchise?

The Franchise fee of McDonald's goes for around 30 lakhs INR; however, this fee is also attached with a 4 % monthly royalty fee as service fees to the brand. The actual investment amount differs, a business owner needs to keep a rough estimate of around 6 to 14 Crores.

How much is a Chili's franchise?

The estimated initial investment required to open a Chili's Grill & Bar franchise is $2.6 million to $4.0 million, including a franchise fee of $40,000 - $60,000.

How is Cheesecake Factory doing financially?

--(BUSINESS WIRE)-- The Cheesecake Factory Incorporated (NASDAQ: CAKE) today reported financial results for the second quarter of fiscal 2022, which ended on June 28, 2022. Total revenues were $832.6 million in the second quarter of fiscal 2022 compared to $769.0 million in the second quarter of fiscal 2021.

What is Cheesecake Factory's net worth?

CAKE has a market cap or net worth of $1.69 billion as of October 13, 2022, making it the 1,990th biggest public company in the US.

What is the brown bread served at Cheesecake Factory?

What Kind of Bread Is This? Cheesecake Factory Brown Bread is a soft baguette style bread that is slightly sweet and nutty in flavor.

Does Cheesecake Factory use frozen food?

The cheesecakes are pre-made and frozen. They're made in a central, corporate-run kitchen and then frozen to be shipped to locations all over. "They take about an hour to two to defrost," one Redditor explained. "They leave them in the showcase all day so they are defrosting and staying chilled.

Who is Cheesecake Factory competitors?

The Cheesecake Factory competitors include Five Guys Burgers & Fries, P.F. Chang's, BJ's Restaurants, California Pizza Kitchen and Maggiano's. The Cheesecake Factory ranks 1st in CEO Score on Comparably vs its competitors.

Is Cheesecake Factory made from scratch?

1. The menu has 250 items and they're all made from scratch. With 21 pages, plus a two-page Skinnylicious menu, the chain's menu is serious reading material. Moore said he gets quite the reaction when he brings other chefs into The Cheesecake Factory.

Who owns the Cheesecake Shop?

River CapitalAussie based investment River Capital has entered into an agreement to acquire The Cheesecake Shop Group (TCS) for an undisclosed amount from existing owners PAG Asia Capital. The existing TCS management team has retained a shareholding in the business, ensuring a smooth transition and continuity of operation.

How many locations does Cheesecake Factory have?

We currently own and operate 312 restaurants throughout the United States and Canada under brands including The Cheesecake Factory®, North Italia® and a collection within our Fox Restaurant Concepts business. Internationally, 29 The Cheesecake Factory® restaurants operate under licensing agreements.

Does Cheesecake Factory make their own cheesecake?

They aren't made in-house. In case the name didn't give it away, Cheesecake Factory desserts aren't exactly baked mom-and-pop style. All of the decadent cheesecakes are put together by baking teams in Calabasas Hills, California, and Rocky Mount, North Carolina, before being frozen and shipped all over the country.

Who is the CEO of The Cheesecake Factory?

David M. Overton (Feb 1992–)The Cheesecake Factory / CEODavid Overton Chairman of the Board & CEO, The Cheesecake Factory Incorporated. David Overton has served as Chairman of the Board and Chief Executive Officer of The Cheesecake Factory since its incorporation in 1992. Mr. Overton co-founded the Company with his parents, Evelyn and Oscar Overton.

When did the Cheesecake Factory open?

The Cheesecake Factory created the upscale casual dining segment in 1978 with the opening of our first restaurant in Beverly Hills, CA. And even with over 145 restaurant locations now in the U.S., we're just as original today as we were when we first opened!

How many restaurants will be built in 2016?

This agreement provides for the development of 22 restaurants by 2016 in five countries – United Arab Emirates, Kuwait, Bahrain, Qatar and the Kingdom of Saudi Arabia – with the opportunity to expand the agreement to include other markets in the Middle East and North Africa, Central and Eastern Europe, Russia and Turkey.

What to consider when building a cheesecake factory?

You will have to consider factors including the type of cheesecakes you expect to make in your factory and your distribution channels. Note that the building is the first thing your customers will see when visiting or considering your business. Also consider the importance of making quality products and make an informed decision when you estimate your costs. Below is the cost breakdown of building a cheesecake factory:

What is a cheesecake factory?

A cheesecake factory simply refers to starting a cheesecake wholesale distribution business in your choice of location, depending on your plans and vision for the business. Your focus might be businesses that retail cheesecakes to direct consumers or you can choose to start a contract-order cheesecake factory.

How much does it cost to build a cheesecake factory?

From the detailed breakdown above, the estimated cost to build a cheesecake factory is $214,000-$1,400,000 (including land and construction costs), depending on the factors mentioned above. To further cut down on start-up costs, consider buying used equipment and leasing an affordable facility for your factory.

What equipment do you need to make cheese?

You will also need supplies and equipment for your production and packaging. You will Acidifier, rennet, citric acid, salt, industrial ovens, packaging machines, flour mixers, and other essential for the cheese making process. You may also need stainless steel containers, measuring cups, stirring spoon, cheese cloths, thermometer and gloves. Make sure that before you use this equipment, they are clean and sanitized.

What type of insurance do cheesecakes need?

Types of insurance coverage that are recommended for cheesecake businesses are those that cover general liability, professional liability, and workers compensation liability, and commercial property. You’ll need to prepare at least $500 up to $15,000 for insurance coverage alone.

How much does it cost to build a house?

In general, land acquisition costs are estimated at $94,000-$270,000. Site work includes building the foundation and landscaping costs around $182, 000 – $211,493, while building construction (including electrical and plumbing) is at $230,000-$615,900.

Do you need staff to start a cheesecake factory?

Starting your own cheesecake factory requires that you employ staff to assist you in the business. So, when planning your business, do not forget to include staff salaries. One quality to look out for when employing staff is their willingness to work and also their hygiene.

Where did the cheesecake factory start?

The Cheesecake Factory story begins in Detroit, Michigan in the 1940’s. Evelyn Overton found a recipe in the local newspaper that would inspire her “Original” Cheesecake. Everyone loved her recipe so much that she decided to open a small Cheesecake shop, but she eventually gave up her dream of owning her own business in order to raise her two small children, David and Renee. She moved her baking equipment to a kitchen in her basement and continued to supply cakes to several of the best restaurants in town while raising her family.

When did Evelyn and Oscar move to Los Angeles?

In 1972 , with their children grown, Evelyn and her husband Oscar decided to pack up all of their belongings and move to Los Angeles to make one last attempt at owning their own business. With the last of their savings, they opened The Cheesecake Factory Bakery and began selling Evelyn’s cheesecakes to restaurants throughout Los Angeles. Through hard work and determination their business grew to a modest size and Evelyn was soon baking more than 20 varieties of cheesecakes and other desserts.