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Cheesecake Factory National restaurant chain offering cheesecakes, lunch and dinner. Headquarters: 26901 Malibu Hills Road Calabasas Hills, CA 91301 Employees: 32,300 CEO: David Overton Stock Symbol: CAKE Website: http://www.cheesecakefactory.com Career Site The Cheesecake Factory operates 139 full-service, casual dining restaurants under The Cheesecake Factory name in major metropolitan areas in the United States. The chain is best known for its cheesecakes with over 50 varieties based on their own recipes. Some of the most popular cheesecakes include the Original Cheesecake, White Chocolate Raspberry Truffle, Chocolate Peanut Butter Cookie-Dough, Kahlua Almond Fudge, Dutch Apple Caramel Streusel, Fresh Strawberry and Triple Chocolate Brownie Truffle. The cheesecakes aren't made at each restaurant but at two bakery production facilities that ship the cakes and baked goods to restaurants and for other leading foodservice operators, retailers and distributors. Customers also flock to the restaurants because of the restaurant's huge menu with over 200 items including appetizers, pizza, seafood, steaks, chicken, burgers, pasta, specialty items, salads, sandwiches and omelets. Cheesecake Factory restaurants currently range in size from 5,400 to 21,000 square feet, provide full liquor service and are generally open seven days a week for lunch and dinner, including Sunday brunch. The average guest check at Cheesecake Factory is $17.50. Each restaurant averages $10.6 million in sales, one of the highest in the business. Restaurants feature high ceilings, French limestone floors and decorative columns, hand-painted fabrics, contemporary lighting and an abundance of cherry wood. The Company also operates Grand Lux Cafe, an upscale casual dining restaurant concept with 13 locations and a broad menu of 150 items. Average annual sales are $12.6 million per unit. The Company also operates two bakery production facilities in Calabasas Hills, CA and Rocky Mount, NC that produce over 50 varieties of quality cheesecakes and other baked products. Additionally, the Company operates one self-service, limited menu express foodservice operation and licenses two bakery cafe outlets to another foodservice operator. In 2007, Cheesecake Factory reported record revenues of $1.51 billion and net income was $73.9 million. During fiscal 2007, the Company opened 21 new restaurants, including eight Cheesecake Factory restaurants and three Grand Lux Cafes during the fourth quarter. In fiscal 2008, the Company plans to open between seven and nine new restaurants, consisting of six to eight Cheesecake Factory restaurants, as well as the initial unit of its newest concept, Rock Sugar Pan Asian Kitchen. History In the late 1940's Evelyn Overton opened a small cheesecake shop in Detroit. In order to raise her two small children, David and Renee, Evelyn gave up the shop and moved her baking to her basement kitchen, where she continued supplying local restaurant clients with her cakes. Then in 1972, with her children grown, Evelyn and her husband Oscar decided to move the business to Los Angeles. Oscar concentrated on selling cakes and building new accounts while Evelyn baked and managed the office. Finding that Los Angeles loved Evelyn's cheesecakes as much as Detroit, their reputation and sales grew! A larger, new and improved bakery was born, creating over 20 varieties of Evelyn's delicious cheesecakes and other incredible desserts which were sold to wholesalers from Santa Barbara to San Diego and eventually out of state. On Tuesday, February 25, 1978, the Overtons founded the first full service restaurant, "The Cheesecake Factory," which opened in Beverly Hills. Today, Evelyn and Oscar's son, David carries on the same commitment to quality, entrepreneurial spirit, energy and creativity that his parents inspired. The Cheesecake Factory went public in 1992. Benefits The following are benefits for management employees. - Dental coverage for you and your eligible dependents - Prescription drug card - Vision care - Long-Term Disability plan, with optional buy-ups - Life Insurance plan, with optional buy-ups - Accidental Death and Dismemberment - Two weeks of accrued vacation every year for your first four years - Three weeks of accrued vacation every year after five years of employment - Five-day workweek; two consecutive days off - Manager meal allowance privilege - Extensive training and development programs including our own "Career Roadmap" - Company-paid sick days and bereavement pay - Dessert discounts on our tempting cheesecakes and other desserts, as well as retail merchandise - Direct payroll deposit - Paid relocation assistance - Performance Based Stock Options - 401(k) with company contribution Updated April 2, 2008