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Freshii AI simulator
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Freshii AI simulator
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Freshii
Freshii is a Canadian fast casual restaurant franchise that serves burritos, wraps, soups, salads, and frozen yogurt. Founded in 2005 by former CEO Matthew Corrin, it has expanded to over 100 locations in countries such as Canada, the United States, Colombia, Peru, Sweden, Austria, Switzerland, Ireland, and United Arab Emirates, with franchises under development in Germany, Guatemala, and Saudi Arabia.
As of the end of December 2021, the franchise has 343 stores in North America. Freshii does not disclose the number of stores located outside of North America in its financial reports but states that these stores represent a small portion of its overall revenues.
On February 22, 2023, Freshii was sold to Foodtastic for $54.5 million.
At the time he founded Freshii in Toronto in 2005, Matthew Corrin was working under fashion designer Oscar de la Renta when he became inspired by New York delis that offered fresh food. Originally called "Lettuce Eatery", the store opened to large queues and ran out of food on the first day before the end of lunch.
In 2016, the company opened an average of 3.5 new stores per week and reached a total of 220 stores in 20 countries. Rapid expansion has also been seen in Latin America, with Colombia serving as the base of operations.
As of 2015, Freshii hopes to open from 13 to 20 restaurants in Chile over the next decade. Restaurants have also been opening in Mexico, Guatemala, Costa Rica and Panama. The Latin American locations all feature the same core menu as Freshii outlets in North America and Europe, but also add several local or domestic ingredients.
In 2017, the CBC reported that Freshii was failing to comply with an Ontario law which required posting calorie counts on chain restaurant menus.
As of 2017, they're also planning on expanding into the UK market, as then Freshii CEO and founder Corrin said in a statement that the United Kingdom is underserved when it comes to healthy fast-casual food offerings and the company believes there is tremendous opportunity to grow the brand in the region.
Freshii
Freshii is a Canadian fast casual restaurant franchise that serves burritos, wraps, soups, salads, and frozen yogurt. Founded in 2005 by former CEO Matthew Corrin, it has expanded to over 100 locations in countries such as Canada, the United States, Colombia, Peru, Sweden, Austria, Switzerland, Ireland, and United Arab Emirates, with franchises under development in Germany, Guatemala, and Saudi Arabia.
As of the end of December 2021, the franchise has 343 stores in North America. Freshii does not disclose the number of stores located outside of North America in its financial reports but states that these stores represent a small portion of its overall revenues.
On February 22, 2023, Freshii was sold to Foodtastic for $54.5 million.
At the time he founded Freshii in Toronto in 2005, Matthew Corrin was working under fashion designer Oscar de la Renta when he became inspired by New York delis that offered fresh food. Originally called "Lettuce Eatery", the store opened to large queues and ran out of food on the first day before the end of lunch.
In 2016, the company opened an average of 3.5 new stores per week and reached a total of 220 stores in 20 countries. Rapid expansion has also been seen in Latin America, with Colombia serving as the base of operations.
As of 2015, Freshii hopes to open from 13 to 20 restaurants in Chile over the next decade. Restaurants have also been opening in Mexico, Guatemala, Costa Rica and Panama. The Latin American locations all feature the same core menu as Freshii outlets in North America and Europe, but also add several local or domestic ingredients.
In 2017, the CBC reported that Freshii was failing to comply with an Ontario law which required posting calorie counts on chain restaurant menus.
As of 2017, they're also planning on expanding into the UK market, as then Freshii CEO and founder Corrin said in a statement that the United Kingdom is underserved when it comes to healthy fast-casual food offerings and the company believes there is tremendous opportunity to grow the brand in the region.