Foodtastic has entered into an agreement to acquire the fast-casual brand Quesada Burritos & Tacos.
“Quesada is one of the largest quick-service restaurant brands in the country, and we are happy to welcome this fast-growing brand into the Foodtastic family,” says Peter Mammas, president and CEO of Foodtastic. “We look forward to working with all our new franchisees and expanding the brand in Canada.”
“We are extraordinarily proud of our franchisee partners, front-line workers, and corporate team. With their support, we have grown Quesada from a single store into more than 175 locations across eight provinces. We are excited about the future of the brand and believe that as part of Foodtastic our franchisees will reach new levels of success,” says Steve Gill, founder and CEO of Quesada.
Quesada has grown quickly and Foodtastic plans to continue developing the brand, with more than 50 new locations expected to open over the next 36 months.
With the acquisition of Quesada, Foodtastic’s Canadian system will have more than 900 restaurants and $830 million in sales. The brand is also rapidly growing internationally, with more than 100 restaurants outside of Canada.
The company’s brands include Second Cup, Pita Pit, Milestones, Fionn McCool’s, Shoeless Joe’s, AuCoq, La Belle et La Boeuf, and Monza.