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Article: Popular Eatery Opening Upscale Version in L.A.(Cheesecake Factory Inc. to open the Grand Lux Cafe)(Brief Article)(Statistical Data Included)
- Article from:
- Los Angeles Business Journal
- Article date:
- August 28, 2000
- Author:
CopyrightCOPYRIGHT 2000 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Riding high on the popularity of its upscale casual restaurants, Los Angeles-based Cheesecake Factory Inc. is scheduled to open a new concept called Grand Lux Cafe in the Beverly Center this coming spring.
Considered more upscale with fewer menu items -- 120 vs. Cheesecake Factory's 200 offerings -- the Grand Lux Cafe currently has only one location at The Venetian hotel and casino in Las Vegas. That location generated $950 per square foot in sales during 1999, roughly equivalent to the average per-square-foot sales for the Cheesecake Factory chain, company officials said.
The Beverly Center in Los Angeles will be the second Grand Lux location, with ...