By 1999, Shari's was the ninth-largest family restaurant chain in the United States based on total sales, and sixth in growth.

[14][15] In December 2005, the company was purchased by New York private investment firm Circle Peak Capital.

[10] President Larry Curtis retired in July 2008 after 24 years with Shari's and was succeeded by Bruce MacDiarmid.

[1][5] In mid-2017, the company was operating 95 locations in the states of California, Idaho, Nebraska, Oregon, Washington, and Wyoming, just one fewer than in the year 2000.

[20][21]In August 2024, it was announced that Shari's Cafe & Pies has been behind on payments for both property, taxes and services rendered for the restaurant chain.