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Cheesecake Factory Targets Suburbs for Restaurant Expansion

Company Looking to Grow Locations 7% Annually, Focused on Sun Belt

Cheesecake Factory is aiming to return to pre-pandemic location growth after encountering development delays during the past two years. (CoStar)
Cheesecake Factory is aiming to return to pre-pandemic location growth after encountering development delays during the past two years. (CoStar)

Cheesecake Factory is looking to turn rising foot traffic into 7% annual location growth, with up to 24 restaurant openings planned for 2023 following at least 13 expected to debut by the end of this year.

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