---
title: "The Cheesecake Factory Will Expand its Portfolio"
url: https://burnaze.com/article/8633d53f-0c06-4bc0-8a12-57c9d68ee42c
source: "1851 Franchise"
original_url: https://1851franchise.com/the-cheesecake-factory-will-expand-its-portfolio-2707392
category: "Casual dining"
industry: "Restaurants"
segment: "Casual dining"
topics: ["Development & multi-unit"]
published: 2018-08-06T14:09:26.000Z
modified: 2026-11-01T02:31:40.065Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/4c86c24a2987122bc130c604f0edaa053100.jpg
---

# The Cheesecake Factory Will Expand its Portfolio

**TL;DR:** The Cheesecake Factory plans to expand its portfolio by opening a new fast-casual concept called Social Monk Asian Kitchen. The brand aims to have up to five Social Monk Asian Kitchens open and operating in 2018.

*originally published in 1851 Franchise on 2018-08-06. [Read the original](https://1851franchise.com/the-cheesecake-factory-will-expand-its-portfolio-2707392).*

## Story

The Cheesecake Factory has reported that it is planning to expand its portfolio. According to a recent article in Nation's Restaurant News, the brand will begin these efforts by opening a new fast-casual concept called Social Monk Asian Kitchen. This offering allows the company to diversify its offerings and reach new markets.

“At some point we’ll get to that 300 number of Cheesecake Factories, and we’re trying to ready ourselves so we can continue growth. And we’re doing it ahead of time, so it will make an impact on our growth rate when we need it,” said CFO Matthew Clark.

The brand hopes to have up to five Social Monk Asian Kitchens open and operating in 2018.

## Entities

- 1851 Franchise (publication)
- Restaurants (sector)
- unit expansion (topic)
- Nation's Restaurant News (publication)
- portfolio expansion (topic)
- The Cheesecake Factory (company)
- new concept (topic)

---
Originally reported by 1851 Franchise (https://1851franchise.com/the-cheesecake-factory-will-expand-its-portfolio-2707392). Summarized by Burnaze (https://burnaze.com/article/8633d53f-0c06-4bc0-8a12-57c9d68ee42c).