The Cheesecake Factory - statistics & facts

The Cheesecake Factory is one of the many popular casual dining restaurant chains based in the United States. A casual dining restaurant comes under the full service dining category and is typically described as an establishment that offers table service and moderately priced food in a casual environment. The Cheesecake Factory was first founded by Evelyn Overton as a bakery in 1972 and was expanded into a casual dining restaurant in 1978. Initially, the menu offered ten cheesecakes in addition to some small sandwich items, which eventually grew to incorporate a larger choice of short-order meal items. The first locations of The Cheesecake Factory were based in southern California, but by the 1990s the chain had opened locations in other U.S. states and eventually expanded to the international market by the 2010s. As of 2022, The Cheesecake Factory had 240 restaurants worldwide, a figure that has grown year-over-year since 2015.

Global expansion of The Cheesecake Factory

Given that The Cheesecake Factory was founded in California and its only restaurants were located in that state until the 1990s, it is not surprising that as of 2022, California was the U.S. state with highest number of The Cheesecake Factory establishments. In that year, the chain had locations in 39 states, plus Washington D.C. and Puerto Rico, and there were 38 locations operating in California alone. The company has also expanded its assets outside of the U.S and, as of 2022, had businesses in UAE, Kuwait, Saudi Arabia, Qatar, Bahrain, Mexico, the Chinese Mainland, and Special Administrative Regions of Hong Kong and Macau. The total assets of The Cheesecake Factory worldwide amounted to 2.7 billion U.S. dollars in 2022, however, that figure showed a slight drop over the previous year’s total of 2.8 billion U.S. dollars. Despite this interruption in growth, the global revenue of The Cheesecake Factory peaked at 3.3 billion U.S. dollars in 2022.

The Cheesecake Factory’s place in the U.S. restaurant market

After The Cheesecake Factory began expanding its menu items beyond small plates and cheesecakes, it quickly became one of the largest FSRs in the United States. The number of FSRs in the U.S. experienced an overall increase from 2013 to 2022, with a forecasted total of 33,240 establishments by 2023. In 2021, The Cheesecake Factory placed in a ranking of the leading casual dining chains in the U.S. by units, coming 15th with a total of 207 establishments. Meanwhile, in a similar ranking of the leading casual dining chains in the U.S. by sales, The Cheesecake Factory ranked higher than many of its competitors, coming in eighth place with sales amounting to 2.29 billion U.S. dollars. Because all of The Cheesecake Factory’s establishments in the U.S. were company-owned and operated in 2022, the company’s sales did not contribute to the overall output of the FRS franchise industry in the U.S. which was estimated at 76.5 billion U.S. dollars that year.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Published by Statista Research Department, Mar 1, 2024

Key insights

The Cheesecake Factory's revenue worldwide
3.3bn USD
Total assets of The Cheesecake Factory worldwide
2.78bn USD
Ad spend of The Cheesecake Factory worldwide
21m USD
Get more insights

Editor’s Picks Current statistics on this topic

Revenue of The Cheesecake Factory worldwide from 2009 to 2023 (in billion U.S. dollars)

Full-Service Retaurants

Revenue of The Cheesecake Factory globally 2009-2023

Average sales per location of The Cheesecake Factory worldwide from 2015 to 2023 (in million U.S. dollars)

Full-Service Retaurants

The Cheesecake Factory, average sales per location globally 2015-2023

Number of The Cheesecake Factory restaurants worldwide from 2015 to 2023, by type

Full-Service Retaurants

The Cheesecake Factory's number of establishments globally 2015-2023, by type

Related topics

Recommended

3

Recommended statistics

Full service restaurant industry

5

Full service restaurant industry

Company financials

6

Company financials

Locations

6

Locations

Further reportsGet the best reports to understand your industry

Restaurant industry in the U.S.
Restaurant industry in the U.S.
Restaurants and food delivery in the United States (Statista Survey)
Restaurants and food delivery in the United States (Statista Survey)
Food service industry in the U.S.
Food service industry in the U.S.
The Cheesecake Factory
The Cheesecake Factory
Olive Garden
Olive Garden
Applebee's Neighborhood Grill & Bar
Applebee's Neighborhood Grill & Bar
The Cheesecake Factory Annual Report 2018
The Cheesecake Factory Annual Report 2018
The Cheesecake Factory Annual Report 2019
The Cheesecake Factory Annual Report 2019

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)
Email
support@statista.com

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)
Email
asia.support@statista.com

Mon - Fri, 9am - 5pm (SGT)

Contact Kisara Mizuno
Kisara Mizuno
Senior Business Development Manager– Contact (Asia)
Email
asia.support@statista.com

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)
Email
eu.support@statista.com

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)
Email
latam@statista.com

Mon - Fri, 9am - 6pm (EST)

Menu