FINANCE
IN BOLD

Who Owns The Cheesecake Factory?

3 months ago
2 mins 28 secs

You may have heard about the Cheesecake factory and wondered who owns it. The Cheesecake Factory is a popular name in American households. It is one of the top casual dining establishments in the country. Ever wondered how this company came about? Read on to know everything about the cheesecake factory and its owner. 

The Cheesecake Factory is a casual dining restaurant owned by David .M. Overton. It was initially founded by David and his parents, Evelyn and Oscar Overton, in southern California in 1972 as a bakery. Cheesecake Factory was turned from a bakery into a restaurant in 1978. The company has continued to grow and expand under the leadership of David Overton as its CEO. 

What is The Cheesecake Factory?

The Cheesecake Factory Incorporated is an American company in the casual dining industry and a known distributor of cheesecakes. Operating 220 restaurants worldwide, The Cheesecake Factory is an international company with a revenue of 2.4 billion U.S. dollars as of 2019. They have several subsidiaries, which they operate like Grand Lux Cafe and the RockSugar Southeast Asian Kitchen.

Like their name, they sell over 30 different flavors of cheesecake in addition to different savory breakfast, lunch, and dinner options. Known for its large portions and vast menu options, the Cheesecake Factory is a casual dining restaurant with a menu that includes steaks, sandwiches, burgers, salads, soups, etc. They also offer various dessert options like milkshakes, cakes, ice cream, and of course, cheesecake. There are over 250 menu items that can be ordered from the restaurant, and they are all made from scratch. 

History of The Cheesecake Factory

Did you know that the cheesecake factory didn’t start as a dining restaurant? It was initially founded as a bakery in Los Angeles, California, in 1972.

It was six years later before it grew into a casual dining restaurant in 1978. The initial Cheesecake Factory locations were in southern California. Still, it wasn’t until the 1990s that they opened up more locations in other states in the U.S. By the 2010s, they had broken into the international market and opened up branches outside the U.S.

The initial menu had about ten cheesecake flavors and some small sandwich items. As they grew into a larger business, they began to offer more choices of short-order meal items. Now, they offer a large variety of meal choices for any time of the day. 

Who Owns The Cheesecake Factory?

David Overton, who founded the cheesecake factory in 1972, is the chairman and CEO of the Cheesecake Factory Incorporated. He co-founded the Cheesecake Factory alongside his parents, Evelyn and Oscar Overton. Since the company was incorporated in 1992, David Overton has served as the Chief Executive Officer and the chairman of the board. He has grown the little southern Californian restaurant into an international company with billions of dollars in revenue. 

Conclusion

The cheesecake factory is one of America’s top casual dining establishments. It is owned by David Overton and co-founded alongside his parents.

Latest News
4 weeks ago •
2 mins 18 secs
4 weeks ago •
2 mins 38 secs
4 weeks ago •
2 mins 19 secs
4 weeks ago •
2 mins 33 secs
4 weeks ago •
2 mins 20 secs
4 weeks ago •
2 mins 30 secs
4 weeks ago •
2 mins 30 secs