According to Reuter’s, CAVA will pay $12.75 per share (a 33% premium to the 8/16/18 closing price). CAVA opened its 64th fast casual restaurant in Potomac Yards in DC earlier this week. This deal could potentially bring them up to over 300 locations. the purchase will be financed through a significant equity investment in Cava led by Act III Holdings, the investment vehicle create by Ron Shaich, founder, chairman, and former CEO of Panera Bread, and take Zoes private. After closing, Shaich will serve as chairman of the combined company. Brett Schulman, current CEO of Cava, will take over the same role to “work closely with the existing leadership teams at Zoes Kitchen and Cava to oversee their growth and evolution.

There are currently 3 Zoes Kitchen locations in MoCo– In Gaithersburg, Germantown, and Park Potomac.


The location will have a coffee lounge with sofas and community tables and will serve breakfast and lunch all day

They will serve Vigilante coffee from Hyattsville and offer growlers of cold brew for $16.99 for a 32 ounce growler and $8.99 for a refill. Cold brew can be served for up to two weeks out of that growler.


Today, Bethesda Beat reported that Alonso and Alvaro Roche will close their other Bethesda restaurants– TacoArepa, 202 Donuts & Coffee, and 202 Next Door.

Bold Bite gained popularity when it was located next to Blackfinn on Fairmont Avenue. The restaurant moved to 4903 Cordell Avenue with an expanded menu, and remained there until closing last week.


JINYA specializes in ramen. Ramen is widely considered a Japanese dish, but there’s much debate over whether the noodles were first made in Japan or China. Many say the dishes as invented in China but made popular/trendy in Japan.

Though many credit New York’s Momofuku with making the dish popular in the U.S., the ramen “boom” came about in California when more than 200 spots opened in the area in 2012 alone.


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