December 5, 2019
Burger King Corp. has signed a area development deal with Canadian company, Redberry Restaurants to develop 103 new locations of the chain in Ontario and Manitoba within the next five years. Redberry currently owns and operates 110 Canadian Burger King locations, roughly 40% of the brand's stores in the country.
"We're hungry for growth, planning to build more than 100 new locations in the next 5 years, which will almost double Redberry's size," Redberry CEO Ken Otto, said in a news release about the deal. "We have an exciting pipeline for new Burger King restaurants and our talented Redberry team, and Burger King Franchisor Partner, are poised and ready for rapid expansion in Canada."
Redberry is owned by City Capital Ventures, LLC, and owns and operates the very first Burger King in the Canadian market, which began 50 years ago, in Windsor.
"We couldn't think of a better way to celebrate 50 years of Burger King in Canada than by entering into this agreement to rapidly expand Redberry's footprint to represent 50% of the Burger King restaurants in Canada," CCV founder and Managing Partner Dan Kipp, said in the release.
To mark the new deal, Redberry announced the launch of a new brand identity, including a revised logo and new tagline, "Bursting with Opportunities." It coincides with the launch of Redberry's website www.redberry.ca.