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Noon Mediterranean

Austin-based fast casual restaurant chain From Wikipedia, the free encyclopedia

Noon Mediterranean
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Noon Mediterranean (formerly VERTS Mediterranean Grill and VERTS KEBAP) was an Austin-based fast casual restaurant chain.[1][2][3] The company created the world's smallest food truck out of a Smart Car in 2011.[4][5][6] In May 2016, it was rated ninth on Restaurant Business Online's list of Top 25 Fastest-Growing Fast Casuals.[7] As of November 2017, Noon had 20 locations in the United States.[8] Noon co-founder Dominik Stein was included on Forbes' "30 Under 30" list under the Food & Drink category in 2017.[9]

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Verts was founded in 2011 by two University of Texas and WHU - Otto Beisheim School of Management alumni, Michael Heyne and Dominik Stein, to recreate popular food from Europe which was not available in America.[10][11][12]

In February 2014, the chain announced it would be expanding into Houston.[13] In October 2014, Verts entered an agreement to open three locations in Dallas–Fort Worth.[14][15] Verts opened its first San Antonio location in September 2015.[16] In December 2015, the company brought in $20 million in private equity, which would be used to expand the restaurant to the east coast.[17][18][19] The first Plano location opened in April 2016.[20] Poets & Quants named Verts one of the Top MBA Startups in January 2016.[21]

In September 2016, Verts announced a new location in Center City, Philadelphia, which opened in March 2017.[22][23][24] In November 2016, Verts opened a new location in Boston[7][25][26] and announced a New York City location.[27][28] Two more Boston locations were announced in February 2017,[29] and a location in Washington D.C. was announced that March.[30] Also in March 2017, Verts was featured on CNBC's list of 10 hot restaurant brands to watch.[8] In July 2017, Yelp showed that a total of 11 Texas locations were closed, including five in and around Austin, all three in San Antonio, and three in cities surrounding Dallas/Ft. Worth.

In November 2017, Verts was rebranded as Noon Mediterranean.[31]

Noon filed for bankruptcy on August 6, 2018[32] and was acquired by the parent company of Daphne's Greek Cafe on October 7, 2018.[33] Noon restaurants were rebranded as Daphne's in 2019[34] but were shuttered in late July, 2019.[35]

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References

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