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.


Yamachan started over a decade ago as a Japanese raw noodle manufacturer that is operated under Japanese management in Northern California. They now have restaurants in California as well as the Tidewater area of Virginia.

Their Rockville restaurant, located at 201 E. Middle Lane in Rockville Town Square, will be attached to Pearl Lady Tea. 


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