Manasquan, N.J. — Jersey Mike’s Subs has signed an area director and development agreement with Redberry Restaurants, one of Canada’s largest restaurant operators. Redberry signed a development agreement to open 300 Jersey Mike’s restaurants across Canada by 2034, via a combination of Redberry-owned-and-operated stores and supported franchisee locations.
This marks the first major international expansion for Jersey Mike’s in its 68-year history.
“We are proud to partner with Ken Otto and his team at Redberry,” says Peter Cancro, founder and CEO, Jersey Mike’s Franchise Systems, Inc. “Their extensive history and reputation in the restaurant business are second to none. Also critical to our company is that they share the same culture and mission statement: to give and make a difference. They are committed to their team members and their local communities.”
Redberry will purchase the two existing Jersey Mike’s locations in Kitchener and London and will open five new Jersey Mike’s in Ontario in 2024, forming the foundation for rapid new store growth. The Kitchener and London locations will be completely remodeled in early 2024 to reflect Jersey Mike’s new image.
Redberry owns and operates more than 180 restaurant locations across Canada under the BURGER KING® and Taco Bell brands, and now together with Jersey Mike’s, has signed agreements for more than 600 additional restaurants.
“We’re thrilled that Jersey Mike’s entrusted us with bringing their iconic brand to Canada,” says Ken Otto, CEO of Redberry. “We resonated strongly with their culture, product and mission.”
Founded in 1956 at the Jersey Shore, Jersey Mike’s is set to shake up the Canadian QSR scene. Jersey Mike’s Subs currently has more than 3,000 locations open and in development across the U.S. For more information, visit www.jerseymikes.com and www.jerseymikes.ca/franchise.
Founded in 2005, Redberry is one of Canada’s largest QSR restaurant franchisees. Redberry’s mission and accelerated growth trajectory are made possible by its partnership with City Capital Ventures. For more information, visit www.redberry.ca.
SOURCE: Jersey Mike’s Subs