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Second Cup Coffee Co to be sold to Quebec restaurant franchiser Foodtastic

Second Cup has operations teams across Canada and we want to take our other brands out of Quebec and Ontario and into other parts of Canada, so we re going to use that platform to do it, Mammas said in an interview. It gives us more of a national footprint. Mississauga-based Aegis Brands didn t disclose Second Cup s sale price but said it includes $14 million in cash, plus a post-closing earn-out. Mammas said Foodtastic is also taking over a very, very large lease liability. Still, the franchisor of multiple restaurant concepts, including Big Rig Kitchen & Brewery, Chocolato, La Belle & La Boeuf, Rotisseries Benny and Souvlaki Bar, is planning to grow the Second Cup brand.

Second Cup coffee chain sold for $14M to Quebec restaurant owner Foodtastic

Second Cup Coffee Co to be sold to Quebec restaurant franchiser Foodtastic - Business News

Second Cup Coffee Co to be sold to Quebec restaurant franchiser Foodtastic - Business News
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La chaîne de cafés Second Cup rachetée par le franchiseur québécois Foodtastic

La chaîne de cafés Second Cup rachetée par le franchiseur québécois Foodtastic
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