Yes, for this edition of Fast Delivery we have nothing but good news! So, let us tell you about an acquisition of Restaurant Brands, the parent company of Tim Hortons, of the Piri Piri chain which has franchises available and which is opening a new restaurant and finally of St-Hubert which is nearby. reach $ 1 billion in sales.
So let's start with Restaurant Brands International, which has announced that it has acquired the Firehouse Subs restaurant chain. This sandwich restaurant will therefore complement the company's existing portfolio, which also includes Tim Hortons, Burger King and Popeyes. The purchase is worth US $ 1 billion and the channel's sales are expected to reach US $ 1.1 billion this year.
Competition is fierce in the submarine business as the company has to fight against Subway and Mr. Sub, among others. But Firehouse Subs' unique cooking process of heating meat and cheese with steam results in a magnificent taste that no competitor can achieve. Will we be able to see Firehouse Subs in Canada soon? The question remains unanswered at this time.
Still in the area of ??expansion and franchises, the young Quebec chain Piri Piri, specializing in Portuguese rotisseries, has opened its first franchise restaurant in Montreal. After opening a total of five restaurants since 2012, now executives want to use the franchise model to achieve their growth plan. And it is now done with this new branch in franchise form, which will serve as a training center and model for future franchisees and managers.
Already, talks with two franchisees are in the final negotiation phase while two more have just started the process. In total, by 2025, the company plans to operate 25 rotisseries in the Montreal region alone.
Finally, Quebec’s favorite rotisserie, St-Hubert, is on track to reach $ 1 billion in sales! The goal is expected to be reached within the next five years as the company is expected to open 25 new restaurants and continue to distribute and sell grocery products. The company, which celebrated its 70th birthday last September, will have sales of nearly $ 800 million this year.
The magic billion figure is therefore entirely possible within the next five years, according to CEO Richard Scofield.
To achieve this, the company will continue to open traditional restaurants or Express versions in addition to creating a new concept where it will be possible to only take take out or delivery orders. With this last concept, it is now possible to cover the territory of the smallest markets.
Its presence in the grocery store does not go unnoticed either. The sale of products, under the name of St-Hubert or others, also contributes to the growth of the Group.
In closing, a Léger survey conducted for St-Hubert revealed that creamy coleslaw is the favorite of Quebecers at 64%, compared to the traditional (33%).
Do you taste the same?
