Costa Vida Named in Inc. Magazine's List of America's Fastest-Growing Private Companies
Fresh Mexican Grill Jumps the Rankings by 464 in the Inc. 5000 with Three-Year Sales Growth of 140%
SALT LAKE CITY, UTAH – As the fresh Mexican grill continues to catch the attention of both investors and consumers with rapid growth and authentic better-for-you Mexican cuisine, Inc. magazine recently ranked Costa Vida Fresh Mexican Grill number 2,686 on its 33rd annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy - America's independent entrepreneurs.
"The strength in the growth of our system stems from the quality of our food, service and all-around Costa Vida experience," says Costa Vida Fresh Mexican Grill CEO, Sean Collins. "As we continue to grow into new markets and new regions around the country, we understand the importance of maintaining consistency in the quality of our food and service in order to share the true Costa Vida experience with all of our customers. Our current franchise partners from all walks of life have been exceptional in sharing that vision and we look forward to continuing to expand our network and brand footprint with additional like-minded and quality partnerships."
The 2014 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc., is the most competitive crop in the list's history. The Inc. 5000's aggregate revenue is $211 billion, generating 505,000 jobs over the past three years. At a relentless pace, Costa Vida Fresh Mexican Grill ranks among the elite with a three-year sales growth of 140% while hiring 900 new employees.
Costa Vida's consumer and investor appeal give the company a competitive advantage within its segment of the industry. Strong system growth and consistency in quality food and service are propelling the fresh Mexican grill throughout the country, bolstered by the brand's already cult-like following. With food made from scratch every day with ingredients that consumers recognize, the menu inspired by the local cuisine of coastal Mexico features made-to-order menu items that not only answer consumer demand for a fresh, healthy and flavorful meal, but appeals to a wide range of investors and entrepreneurs looking to start or expand their business portfolio with a quality brand.
"What surprises me, even though I know it's coming, is the sheer variety of the paths our entrepreneurs take to success, thematically reflecting how our economy has evolved," says Inc. President and Editor-In-Chief Eric Schurenberg. "This year there are far more social media and far fewer computer hardware businesses than there were, say, six years ago. But what doesn't change is the fearsome creativity unleashed by American entrepreneurship."
Known for its menu of fresh flavorful ingredients showcased through innovative and inspired cuisine, Costa Vida prides itself on using only the freshest, raw and whole ingredients as well as an extensive variety of gluten-friendly options. Knowing that the Costa Vida customer expects fresh, quality ingredients and better-for-you food, the fresh Mexican grill also caters to those with dietary restrictions or those who are simply looking to improve their diet.
For more information about Costa Vida Fresh Mexican Grill and franchise opportunities, visit http://www.costavida.net/franchise/story.php or contact Terry Jennings at 801-797-2374.
More about Inc. and the Inc. 500|5000 Methodology
The 2014 Inc. 5000 is ranked according to percentage revenue growth when comparing 2010 to 2013. To qualify, companies must have been founded and generating revenue by March 31, 2010. They had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2013. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2010 is $100,000; the minimum for 2013 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/5000.
About Inc. and the Inc. 5000
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit http://www.inc.com/ .
The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions. For more information on Inc. and the Inc. 5000 Conference, visit http://www.inc.com/.
About Costa Vida
Costa Vida is a fast casual restaurant inspired by the fresh tasting foods and vibrant lifestyle from the coast of Mexico. Costa Vida's food is created every day from scratch using quality ingredients. The menu offers a variety of custom made-to-order items such as tacos, burritos, enchiladas, salads and desserts. As a growing and successful brand, Costa Vida offers exciting and vibrant franchise business opportunities. For more information, visit www.costavida.net.
SOURCE Costa Vida