Costa Vida outpaces the fast casual industry with 10.8% growth
Sales growth at Costa Vida fast casual franchise outperformed every segment of the chain restaurant industry in 2016
Costa Vida Fresh Mexican Grill saw double-digit growth that outpaced the rest of the restaurant industry in 2016, with average unit volume increasing by 10.8% at our fast casual franchise. Fresh ingredients, bold flavors and an inviting atmosphere have been bringing more guests into our stores. Sales growth, an efficient supply chain and streamlined operations make Costa Vida a great, scalable choice for restaurant investors.
Consecutive years of sales growth
That big growth meant average unit volume of $1,304,495 at traditional locations open for all of 2016 and our third consecutive year of growth in average sales. The 31 restaurants that achieved at least $1.2 million in sales averaged $1,735,905.
We offer plenty more in our franchise information eBook, which you can download by filling out the form on this page. It contains a more detailed breakdown of average sales and operating costs to help you determine if the Mexican restaurant franchise opportunity is right for you.
Outperforming other fast casual franchises
Costa Vida is proving itself to be a top performer in a growing segment of the restaurant industry. We outperformed overall fast casual chain sales growth, which rose 8.1% in 2016 according to Fast Casual magazine, and greatly exceeded the overall restaurant industry growth of 3.6%.
Of course, we focus on both the top line and bottom line for our fast casual franchise owners. Low costs and high margins complement our growing sales to make for a better franchise investment. With established vendor relationships and operations designed to minimize food waste, we help franchisees lower costs to keep more of what their stores bring in. Our team includes executives with decades in the foodservice industries who have used their expertise to create a winning formula for our franchise partners.
Opportunities available nationwide
Costa Vida is growing throughout the country, with plenty of single and multi-unit opportunities available. Our well-oiled operations and established, national vendor relationships make for a scalable opportunity for investors. Now is a great time to join us in established markets or help us develop the brand in major new markets.
Learn more and start a conversation
Fill out the form on this page to download our free franchise information report and start a conversation. If you’d like to learn more about opening one or more fast casual franchises with Costa Vida, visit our other research pages.