Fast-food giant seeking expansion opportunities in the province Redberry Franchising Corp., the operator of Burger King Canada, has engaged Cushman & Wakefield’s retail and franchise team to help the company find sites for outlet expansion.
“Burger King is looking at opportunities all across B.C.,” said Shawn Saraga, Cushman & Wakefield’s vice-president of retail and franchise services. “We have just finished the strategic maps for the Lower Mainland and have a total of 49 potential markets to open over the next five years. The rest of the province is still being mapped.”
Redberry’s expansion plans target two basic formats: an 800- to 1,000-square-foot food court model, and an 800- to 3,500-square-foot above-ground end unit or free-standing location in both large urban and small town markets.
The real estate search includes demographic data, population densities, traffic counts and a competitive analysis.
The Burger King restaurant chain currently has more than 280 outlets in Canada. In a blockbuster move this summer, Florida-based GK Capital, the investment firm that owns Burger King, merged the hamburger chain with iconic Canadian coffee chain Tim Hortons in a $12.5 billion deal.