Report: Cafe Rio eyes IPO


P-E firm KarpReilly is reported to be considering an IPO for its Cafe Rio restaurant chain.

The fast-casual Mexican chain is one of the closest things to a Chipotle (CMG -1%) competitor.

Last year, the company had sales of $137M for its 68 units.

The average check per person at Cafe Rio came out to $9 which is fairly level with Chipotle.

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Comments (1)
  • richardmurillo1982
    , contributor
    Comment (1) | Send Message
     
    how can i find out when the stock goes public?
    3 Apr 2014, 11:37 PM Reply Like
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