Milestones Grill and Bar

Milestones Restaurants Inc. (doing business as Milestones Grill and Bar) is a restaurant chain headquartered in Vaughan, Ontario, Canada. As of 2021 it is owned by Foodtastic. There are currently over 40 locations across British Columbia, Newfoundland and Labrador, Alberta, Saskatchewan, New Brunswick, and Ontario.

Milestones Restaurants Inc.
Milestones Grill and Bar
TypeSubsidiary
IndustryRestaurants
Founded1989 (1989)
Headquarters
Toronto, Ontario
,
Canada
Number of locations
40+
ProductsCasual Fine Dining
Number of employees
Approx. 4100
ParentRecipe Unlimited
(2002–2021)
Foodtastic
(2021–present)
Websitewww.milestonesrestaurants.com
Milestones Grill and Bar in Markham

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 eastern Canadian cities, including Toronto, Ottawa, Niagara Falls, and London.[3] At the end of 2011, Milestones expanded into Kingston, Barrie, Waterloo, and Cambridge. On July 14th, 2021, it was announced that Québécois restaurant franchiser Foodtastic had acquired Milestones from Recipe Unlimited.[4]

See also

References
  1. "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 (print magazine). {{cite news}}: |author= has generic name (help); |format= requires |url= (help)
  3. "London locations". Milestone franchise locator. Retrieved 12 January 2016.
  4. "Recipe Unlimited Announces Sale of Milestones to Foodtastic". recipeunlimited.investorroom.com. Retrieved 2021-11-10.
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