Milestones Grill and Bar explained

Milestones Restaurants Inc.
Trade Name:Milestones Grill and Bar
Type:Subsidiary
Parent:Foodtastic
Location City:Montreal
Location Country:Canada
Locations:40+
Industry:Restaurants
Num Employees:Approx. 4100
Products:Casual Fine Dining

Milestones Restaurants Inc. (doing business as Milestones Grill and Bar) is a restaurant chain owned by Foodtastic. There are currently over 40 locations across British Columbia, Alberta, New Brunswick, Ontario, and Quebec.

History

The first Milestones location opened on Denman Street in Vancouver, British Columbia in 1989. In 2002, Cara (now known as Recipe Unlimited) purchased a majority stake in the restaurant from the previous parent company, BC-based Spectra Group, Inc.[1] [2] Prior to Cara's acquisition, nearly all Milestones restaurants were located in British Columbia, with four locations in Ontario and one in Washington state.[1] Cara rapidly expanded Milestones operations into eastern Canadian cities, including Toronto, Ottawa, Niagara Falls, and London.[3] At the end of 2011, Milestones expanded into Kingston, Barrie, Waterloo, and Cambridge. On July 14, 2021, Montreal based restaurant franchiser Foodtastic acquired Milestones.

See also

Notes and References

  1. Web site: CANADA: Cara acquires controlling stake in the Milestones Restaurant business . just-food.com . 2002-04-09 . 2011-05-24.
  2. News: Cara to Acquire Controlling Interest in the Milestone's Restaurant Business from the Spectra Group of Great Restaurants . ((Business Editors)) . Business Wire . 2002-04-08.
  3. Web site: London locations. Milestone franchise locator. 12 January 2016.