As of Mar 2, 2017, the company operated 208 restaurants, including 194 The Cheesecake Factory restaurants in 39 states, the District of Columbia and Puerto Rico, 13 Grand Lux Café restaurants in 7 states and 1 RockSugar Southeast Asian Kitchen in California, and there were 11 licensed restaurants in the Middle East, 3 in Mexico, and 1 in China.
In fiscal 2016, the company opened 7 new Cheesecake Factory restaurants and 1 Grand Lux Café restaurant. During fiscal 2017, the company plans to open 8 new restaurants, including 1 RockSugar Southeast Asian Kitchen. Long term, the company sees the potential to grow The Cheesecake Factory concept to 300 company-operated restaurants.
All company-operated restaurants are leased. Leases have durations as long as 20 years, and many have 5 to 10 year renewal options.
Site locations are either freestanding or in-line and usually located in urban or suburban shopping malls, lifestyle centers, retail strip centers, office complexes and entertainment centers. Restaurants range from 5,000 to 21,000 interior square feet, and in the future, the company expects new restaurants to range between 8,000 and 12,000 square feet, generally with additional patio seating.
|Company-operated restaurant growth||3.5%||3.5%||6.3%||5.0%||1.7%||4.1%|
|Systemwide restaurant growth||3.5%||3.5%||6.3%||5.0%||1.7%||4.1%|
|Avg restaurant gross sq ft||10,600||10,600||10,700||10,700||10,900||10,900|
|Avg restaurant gross sq ft growth||-0.5%||-0.5%||-0.3%||-1.1%||-0.8%||-0.6%|