U.S. seafood restaurant franchisor Captain D’s has expanded into Canada through its first-ever franchise development agreement north of the border.
Ontario-based entrepreneurs Ali Saeed and Mudassir Choudri have agreed to bring five Captain D’s restaurants to the Greater Toronto Area over the next several years, Nashville-based Captain D’s said in a news release.
“We look forward to expanding our footprint with them and throughout the country, knowing that our flexible prototypes and expertise in converting existing properties resonate with entrepreneurs looking to add a proven quick-service concept to their portfolio,” Brad Reed, chief development officer of Captain D’s.
The company said it has “aggressive” plans to grow throughout Canada.
Saeed and Choudri own and operate groups of Shell gas stations in Ontario.
Captain D’s has about 530 restaurants in 23 states. The company said its “market-smart” real estate prototypes are attracting both new and existing multi-unit and multi-concept franchisees with features such as highly efficient double drive-thrus, smaller footprints and cost-effective conversion opportunities.
Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate.
Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s.
In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star.
Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.