Operations

Coolgreens sees rapid Q2 sales growth

Provided

July 30, 2021

Coolgreens, a health-based fast casual restaurant featuring made-to-order items such as salads, wraps, grain bowls and sandwiches, achieved record-breaking sales and rapid growth in Q2, according to a company press release.

Through Q2, Coolgreens has generated sales approaching its total 2019 sales. Compared to Q2 in 2019, Coolgreens increased sales by 79%. Within its 2021 second quarter sales, Coolgreens broke five corporate weekly sales records and had 22 total individual record weeks, according to the release.

After expanding to Dallas-Fort Worth and introducing the brand to Omaha in 2020, Coolgreens had success in both markets, as well as established Oklahoma City and Tulsa markets. While dine-in sales grew 45% compared to the first quarter, Coolgreens' off-premise sales continued to maintain steady growth.

In addition, the brand expanded its DFW footprint by launching Coolgreens Market – smart fridges that offer a quick way to grab healthy food on-the-go – in DFW International Airport. Coolgreens Market has contributed to Coolgreens' Q2 success by targeting travel-bound consumers with fresh, nutritious, convenient options.

"I would like to congratulate our franchisees, operators and team members on a tremendous quarter," Coolgreens CEO Robert Lee said in the release. "We achieved record sales this summer, due in large part to our innovative initiatives that capitalized on the fast-changing consumer environment, our commitment to providing fresh, flavorful foods like our new Brilliant Berry Salad and continued strong off-premise sales. Catering has become a major aspect of our business, which we believe has significant upside. I am extremely proud of the strides that our team has made over the years that positioned Coolgreens as the best-in-class brand that it is today. We have big plans for the future, and I can't wait for what's to come."

Founded in 2009, Coolgreens currently has 11 corporate and franchise fast-casual restaurants in Oklahoma, Texas, Nebraska and Florida. Coolgreens was named one of FastCasual's 2021 Top 100 Movers & Shakers and one of USA Today's Best Airport Grab-And-Go Dining destinations.