Sometimes there’s nothing better than a great breakfast. And if you’re a fan of a local breakfast joint, it will be getting a whole lot easier for you to enjoy their food while traveling.
Hash Kitchen has become one of Scottsdale’s go-to spots when it comes to breakfast and brunch. The menu has become a favorite of locals and visitors alike, and the 50-ingredient build-your-own Bloody Mary bar truly sets the restaurant apart from the competition. It's also drawn interest from Savory Restaurant Fund in the form of a $200 million investment.
Savory is a financial backing company that looks for restaurants to help expand their footprint. This is typically done in the form of a large investment and a stake in the company. In the case of Hash Kitchen, Savory Restaurant Fund now owns a majority 51/49 percent split of the restaurant. The Utah-based company has invested in other brands around the country, including Pincho Burgers + Kebabs, Via313 Pizzeria, The Crack Shack, Mo’ Bettahs Hawaiian Style Food, as well as several other establishments.
Hash Kitchen has been slinging breakfast eats and treats here in The Valley since 2015. However, the concept has always been to take popular breakfast foods and make them worthy of social media postings. Owner Joey Maggiore understood the importance of growing a brand in an already crowded restaurant market and one way to do that was to make sure the food not only tasted great but looked even better.
The restaurant has a lively atmosphere and is designed to help put a little pep in your morning step. This even includes guest DJs on the weekend, which fits in not only with the social media vibe of the restaurant but with its location in Scottsdale as well.
Since the original Scottsdale restaurant opened, Hash Kitchen has expanded to several other areas throughout Metro Phoenix, including Peoria, Arcadia, Gainey Ranch, and Chandler. With the large $200 million investment, there are now additional plans to open 25 new locations in the next four years, mostly in the surrounding states (although the exact locations have not yet been determined).
During the initial meetings with Savory Restaurant Fund, there was discussion of Hash Kitchen and Joey Maggiore selling off his entire stake in the company, but Maggiore wanted to maintain a hand in the restaurant as well as a say in the operations, so instead of selling off all assets to Savory, he held onto the 49% stake in his company.
Of course, Joey Maggiore is no stranger to the restaurant business. His parents opened Tomaso’s Italian Restaurant for nearly 50 years before Joey and his sister took over the restaurant following the death of their father. The family also owns The Italian Daughter and has additional restaurants in the works.