Jerry’s Earnings Surge 175% With Expansion
Jerry’s Famous Deli Inc., a Studio City restaurant company, reported earnings increased by 175% to $320,000 from $116,000 in the first quarter that ended March 31.
Revenues increased 8% to $7.7 million from $7.2 million last year.
The company attributed the surge to the opening of its Old Pasadena location in the first quarter. Another restaurant is under construction in Westwood, and a third is planned in Orange County. The company is also considering building a restaurant in Las Vegas.
Jerry’s Famous Deli operates five restaurants in L.A.
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