In December, the fast-casual, customizable stir-fry concept announced it had raised an additional $18 million in funding, bringing its lifetime total to $70 million. A portion of the latest cash infusion will be used to expand Honeygrow’s small-footprint offshoot, Minigrow. Some will also be used to provide tech upgrades and develop a combined loyalty app for the two concepts.
|2017 Systemwide Sales ($000)||$39*|
|YOY Sales Change||96.0%|
|2017 U.S. Units||26|
|YOY Unit Change||73.3%|
|2017 Average Unit Volume ($000)||$1,800*|
|Future 50 Year||2018|