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Quebec  + Canada + Pacific Canada  + Retail  | 
Foodtastic has acquired Archibald Restaurants.

Foodtastic Acquires Archibald Restaurants

Foodtastic has acquired Archibald Restaurants for an undisclosed price.

The franchisor said it has completed the acquisition and is looking to expand the Quebec-based chain’s footprint.

“We see tremendous potential in expanding the Archibald concept and are eager to embark on this journey,” said Peter Mammas, Foodtastic’s president and CEO.

The company said it has ambitious plans to open several new Archibald restaurants over the next 24 months to further solidify the brand’s presence across Quebec and within Canada.

Foodtastic Inc. is a leading franchisor of restaurant brands in Canada, with over 1,100 restaurants and $1.1 billion in sales. With an extensive presence both domestically and internationally, Foodtastic Inc. continues to drive the growth and success of its portfolio through strategic acquisitions and innovative culinary experiences.

Foodtastic diverse brands include, among others, Freshii, Quesada, Second Cup, Pita Pit, Milestones, Fionn McCool’s, Shoeless Joe’s, Benny, La Belle et La Boeuf and Monza.


Inside The Story

Archibald RestaurantsPeter Mammas

About Monte Stewart

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.

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