After a stock rise of almost 50% since going public in April, CARA is set up for growth. The goal over the next five to seven years is to grow revenue to between $2.5 and $3 million, a part of which will come from acquiring new brands and solidifying our title as Canada’s restaurant consolidator.
The Franchising Team has two very exciting store openings set for October 2015 in Grande Prairie, AB! If you’re interested in franchising the heart of BBQ with your own Montana’s or raising a pint in your Fionn MacCool’s Premium Irish Pub, contact Jennie Murphy at 905-760-2244 ext. 2318.
In 2014 our industry was the leading Canadian job creator, producing a whopping total of 31,300 new jobs! Beyond that, in 2014 restaurants created over 280,000 new spin-off jobs in industries like manufacturing, farming, finance, among many others.
After another record year, Forbes predicts that unless the political landscape for franchising changes, 2015 will be a year characterized by high growth within the franchising industry. The economy is expected to grow by about 3.1% while our industry will grow by over 5%. Needless to say we’re excited for the year ahead!
From a humble start selling apples on the railways to presently owning some of Canada’s restaurant giants, CARA Operations has always been dedicated to providing our customers with the perfect guest experience. After over a century we are still in growth mode – find out how you can join the CARA franchise family, call 905-760-2244 […]