F
Foodtastic
A Quebec-based franchisor of multiple restaurant concepts
About Foodtastic
Foodtastic is a prominent player in the Canadian restaurant industry, specializing in restaurant franchising. Since its inception in 2016, the company has seen a significant increase in sales, jumping from $50 million to over $1 billion. This growth is largely attributed to Foodtastic's innovative approach to creating new restaurant concepts and acquiring established brands.
The company's portfolio boasts over 1,200 restaurants, including well-known chains such as Milestones, Second Cup, Pita Pit, La Belle et La Bœuf, and Rôtisseries Benny. Foodtastic's business model revolves around franchising these brands, allowing others to participate in their success. This strategy has resulted in a remarkable 30% annual growth rate for the company.
Foodtastic's target market is broad, catering to a wide range of customers seeking a memorable culinary experience. The company prides itself on its commitment to cultivating strong relationships with its franchisees and providing exceptional service to its customers.
The company's dynamic team of professionals is continually pushing boundaries to offer unique culinary experiences. This forward-thinking and creative approach has positioned Foodtastic as an industry leader, recognized for its dynamism, openness, collaboration, and transparency.
Foodtastic's revenue is generated through the franchising of its restaurant brands and the sales from its restaurants. The company's recent acquisition of Noodlebox is a testament to its ongoing expansion and commitment to diversifying its restaurant portfolio.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2011
- Headquarters
- Montreal, Canada
- Employees
- 269
- Open positions
- 22
- Dealroom signal
- 43.9/100
- Industry
- Food
- Sub-industry
- Innovative Food
- Sector
- eCommerce & Marketplaces, Outside Tech
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
- Investment activity
- 8 companies, latest Jun 2026
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| DEBT✓Debt | Dec 2022 | $128M | — | National Bank of Canada · Royal Bank of Canada · Scotiabank · Canadian Western Bank | ↗ |
| GROWTH EQUITY NON VC✓Other financing | Feb 2021 | $50M | — | Restaurant Royalty Partners | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Foodtastic is 10K monthly website visits, down 37.5% over the last three months. Foodtastic's team grew 8% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Kinton RamenToronto, CanadaAuthentic Japanese ramen restaurant chain with customizable bowls.
→
Central Social HallEdmonton, CanadaPremium casual dining with a lively social atmosphere
→
QuesadaCanadaQuesada | The Joy of Mex
→
FreshiiToronto, CanadaNutritious meals and catering services for consumers
$39Mvaluation
Shoeless Joe's Sports GrillCanada
→
Pita PitKingston, CanadaPita Pit Canada: Fresh Thinking, Healthy Eating
→
MilestonesToronto, Canada
→
Copper BranchMontreal, CanadaCopper Branch | Power Food Plant-Based
→
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later7 investors entered at this stage
- RPRestaurant Royalty Partners
National Bank of Canada
Royal Bank of Canada
Scotiabank
Canadian Western Bank
Toronto Dominion Bank Group
Business Development Bank of Canada
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Foodtastic on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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