Recognizing two issues in the market, one of our top investors found a new way to make things work.
In the 16 years since its launch, St. Louis Bar and Grill has built a solid franchise model that is proven to create wealth. The growth has been impressive and the company has helped many Canadians fulfill their dreams of financial independence and business success.
The company is now a leading brand name in Canada, but the organization’s leaders are not satisfied: they are eager to continue growing and pushing the business to the next level.
“In North America, franchising is one of the biggest generators of wealth and has created many millionaires,” says Steve Drexler, President, St. Louis Franchise.
“Starting with Tim Hortons and McDonalds, the model has proven to be a sustainable long-term model for success. It gives entrepreneurial people the chance to invest in and grow a business. The marketplace is becoming more competitive, but partnering with a proven brand with a successfully track record could be extremely lucrative for Canadian investors.”
St. Louis Franchise’s continued growth has been made possible by consistent improvement and the beating of several key benchmarks. Chain-wide, the company sells more draught beer per square foot in Ontario than anyone else. St. Louis Bar and Grill also has an industry leading food to beverage ratio of 56:44, and in 2016 achieved sales average per unit of $1.7 million.
“We have been franchising for over 15 years, and have grown to over 55 locations,” Drexler says. “We provide a fully comprehensive 5-6 week training program, which covers all facets of ownership and operation, as well as 2-3 weeks of operational support post-opening. In addition, we plan on opening an additional 10 franchise units in 2018.”
“The franchising sector continues to grow and we are a leader in one of the fastest growing segments: the fast, causal space,” Drexler says. “There are great opportunities for people who like the brand and are prepared to put in the hard work.”
Download this whitepaper to find out more about how Canadians are benefitting from franchise investments.
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