The Cheesecake Factory started when Evelyn Overton opened a small cheesecake shop in Detroit, Michigan in the late 1950’s. She later closed the shop but continued to sell cheesecakes to local restaurants, baking them in her basement kitchen.
In 1972 The Overton’s moved to California and Evelyn Overton and her husband Oscar opened a wholesale bakery which supplied cheesecakes and other desserts to restaurants.
In 1978 Evelyn’s son David Overton opened a small sandwich shop in Beverly Hills. The one-page menu sold ten different varieties of Evelyn’s cheesecake.
In the 1980’s the Overton’s opened two new restaurants and expanded the original location to a 78-seat restaurant.
In 1993 The Cheesecake Factory went public, trading on the NASDAQ under the symbol CAKE.
Today The Cheesecake Factory has more than 175 restaurants in the United States, Kuwait, United Arab Emirates, Beirut, and Puerto Rico.
The Cheesecake Factory is a member of the S&P 400, is #1000 in the Fortune 1000, and had $2.276 billion in revenue in 2017.