Foodtastic

Foodtastic

A Quebec-based franchisor of multiple restaurant concepts. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€182—273m (Dealroom.co estimates Feb 2021.)
Montreal Quebec (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues4.0m4.9m9.5m16.0m23.7m
% growth-23 %93 %69 %48 %
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Recent News about Foodtastic

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More about Foodtastic
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Foodtastic is a prominent player in the Canadian restaurant industry, specializing in restaurant franchising. Since its inception in 2016, the company has seen a significant increase in sales, jumping from $50 million to over $1 billion. This growth is largely attributed to Foodtastic's innovative approach to creating new restaurant concepts and acquiring established brands.

The company's portfolio boasts over 1,200 restaurants, including well-known chains such as Milestones, Second Cup, Pita Pit, La Belle et La Bœuf, and Rôtisseries Benny. Foodtastic's business model revolves around franchising these brands, allowing others to participate in their success. This strategy has resulted in a remarkable 30% annual growth rate for the company.

Foodtastic's target market is broad, catering to a wide range of customers seeking a memorable culinary experience. The company prides itself on its commitment to cultivating strong relationships with its franchisees and providing exceptional service to its customers.

The company's dynamic team of professionals is continually pushing boundaries to offer unique culinary experiences. This forward-thinking and creative approach has positioned Foodtastic as an industry leader, recognized for its dynamism, openness, collaboration, and transparency.

Foodtastic's revenue is generated through the franchising of its restaurant brands and the sales from its restaurants. The company's recent acquisition of Noodlebox is a testament to its ongoing expansion and commitment to diversifying its restaurant portfolio.

Keywords: Restaurant Franchising, Canadian Restaurant Industry, Brand Acquisition, Culinary Experience, Customer Service, Franchisee Relationships, Dynamic Team, Industry Leader, Revenue Generation, Business Expansion.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Foodtastic

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Freshii
ACQUISITION by Foodtastic Dec 2022
Quesada
ACQUISITION by Foodtastic Dec 2022
Copper Branch
ACQUISITION by Foodtastic May 2021
Milestones
ACQUISITION by Foodtastic Jun 2021
Pita Pit
ACQUISITION by Foodtastic Aug 2021
Shoeless Joe's Sports Grill
ACQUISITION by Foodtastic May 2022