Mar 22, 2023
Shake Shack expanding into Canada in 2024 with a Toronto location
, BNN Bloomberg
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Shake Shack Inc. will enter the Canadian market in 2024 with a flagship location in Toronto, according to a news release from the company on Wednesday.
The New York-based restaurant chain’s expansion will be undertaken through partnerships with two Toronto-based investment companies, Osmington Inc. and Harlo Entertainment Inc., the release said.
According to Michael Kark, the chief global licensing officer of Shake Shack, the partnership will look to open 35 Shake Shack locations in Canada by 2035.
“We have been eyeing this incredible opportunity in Canada for quite some time and are elated to have found exceptional partners to serve Shack classics and bespoke Canada-exclusive items to our sophisticated neighbours to the north,” Kark said in the release.
Since 2004, Shake Shack has opened over 440 locations, the release said. This includes more than 290 in the U.S. and over 150 international locations.
According to the release, Osmington is a private commercial real estate and investment company, with experience operating quick-service restaurants both nationally and internationally.
Harlo Entertainment is part of Harlo Group and invests in properties in the hospitality space.
The New York-based restaurant chain’s expansion will be undertaken through partnerships with two Toronto-based investment companies, Osmington Inc. and Harlo Entertainment Inc., the release said.
According to Michael Kark, the chief global licensing officer of Shake Shack, the partnership will look to open 35 Shake Shack locations in Canada by 2035.
“We have been eyeing this incredible opportunity in Canada for quite some time and are elated to have found exceptional partners to serve Shack classics and bespoke Canada-exclusive items to our sophisticated neighbours to the north,” Kark said in the release.
Since 2004, Shake Shack has opened over 440 locations, the release said. This includes more than 290 in the U.S. and over 150 international locations.
According to the release, Osmington is a private commercial real estate and investment company, with experience operating quick-service restaurants both nationally and internationally.
Harlo Entertainment is part of Harlo Group and invests in properties in the hospitality space.
