Currently, 27 locations across the company’s concepts, including two The Cheesecake Factory restaurants, are temporarily closed. In addition, the company drew an additional $90 million on its revolving credit facility to increase its cash position.
The rumor may have originated from an announcement that The Cheesecake Factory Inc. will be closing its RockSugar Southeast Asian Kitchen, an Asian fusion restaurant owned by the company, at the end of the year. There is no indication that the company plans to close all its Cheesecake Factory locations.
This article was originally published in March 2019. The Cheesecake Factory may be adding another Canadian restaurant to its long list of international locations. So far, The Cheesecake Factory’s only Canadian restaurant is located at Yorkdale Shopping Centre in Toronto.
The Cheesecake Factory restaurants have a long-standing business in the off-premise channel, with historical sales volumes approaching the size of many stand-alone restaurants, which is enabling the company’s restaurants to operate sustainably at present under this model.
Is Cheesecake Factory going back to full operations?
In a recent June 2021 update, The Cheesecake Factory also shared that they’re excited to get back to full operations soon , especially as more staff and guests become fully vaccinated. The chain has even implemented brand new purification systems to protect patrons, so rest assured: Your favorite fusion dinner spot is certainly here to stay.
According to Snopes, there’s no need to stress — despite the rumored close, The Cheesecake Factory isn’t going anywhere. Gabrielle Gaines, a spokesperson for the company, also confirmed the restaurant’s status to Daily Caller News Foundation, explaining that “there is absolutely no truth to this,” and that “The Cheesecake Factory is not planning …
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