Urban Plates

Last updated • 1 min readFrom Wikipedia, The Free Encyclopedia

Urban Plates is an American casual dining restaurant chain. The chain is primarily based in Southern California where 14 of its 22 restaurants reside, including its first 2011 restaurant in San Diego. [1] With capital raised from Goldman Sachs, [2] the chain is expanding to Northern California, Washington DC, Illinois, and New York, with a target of 40 restaurants. [3] Its 2017 annual sales were $4.5 million per restaurant and employed 900 staff in 2020. [4] [5] The restaurant's primary demographic are health-conscious customers, [6] with salads, sandwich, soups, and meats on its menu.

The company was not eligible for federal tax assistance during the 2019 coronavirus outbreak, but was exempted from local health regulations requirements providing workers with 80 hours of paid leave for medium- and large-sized companies. [5]

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References

  1. "New Restaurant 'Urban Plates' To Open In Manhattan Beach". patch.com (Press release). 18 November 2019. Retrieved 14 April 2020.
  2. "Urban Plates Closes $38 Million Facility With Goldman Sachs Specialty Lending Group". MarketWatch (Press release). 25 September 2018. Archived from the original on 30 March 2020. Retrieved 14 April 2020.
  3. "Urban Plates readies—and steadies—for growth". restaurantbusinessonline.com. 26 September 2018. Retrieved 14 April 2020.
  4. "Why Urban Plates is a Fast Casual to Watch". qsrmagazine.com. July 2017. Retrieved 14 April 2020.
  5. 1 2 "Mayor Garcetti loosens L.A. requirements for paid leave amid coronavirus". www.latimes.com. 8 Apr 2020. Retrieved 14 April 2020.
  6. "Urban Plate's Healthy Casual Rapidly Expanding Across Southern California". la.eater.com (Press release). 7 February 2018. Retrieved 14 April 2020.