Milestones Grill and Bar

Last updated
Milestones Restaurants Inc.
Milestones Grill and Bar
Company type Subsidiary
Industry Restaurants
Founded1989;35 years ago (1989)
Headquarters,
Number of locations
40+
ProductsCasual Fine Dining
Number of employees
Approx. 4100
Parent Foodtastic
Website www.milestonesrestaurants.com
Milestones Grill and Bar in Markham MilestonesGrillAndBarMarkhamTownSquare.jpg
Milestones Grill and Bar in Markham

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

Contents

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 Ontario cities, including Toronto, Ottawa, Niagara Falls, and London. [3] On July 14, 2021, Montreal-based restaurant franchiser Foodtastic acquired Milestones.

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References

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