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citybizlist : Washington DC : City Capital Ventures Invest in Burger King and Rackson Restaurants


1/21/21
City Capital Ventures, LLC, a private investment partnership headquartered in Chicago, Illinois, is pleased to announce it has made a
majority investment in Rackson Restaurants. Rackson, headquartered in Bridgewater, New Jersey, is a 55+ unit QSR franchisee of Burger King and Popeyes restaurants with locations across six states in the Northeastern and Mid-Atlantic U.S. Rackson is led by co-owner and CEO, Chris Johnson, a 2nd generation QSR operator with an outstanding track record of developing talent and delivering superior operating results. CCV is excited to partner with Chris Johnson and shares his desire to build a large, multi-branded QSR platform across the attractive Northeastern U.S. marketplace. ....

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Burger King planned for Owen Sound in 2021


The Home of the Whopper will soon have a home in Owen Sound.
Toronto-based Redberry Restaurants is planning to build a 2,600-square-foot Burger King with drive-thru in Owen Sound in 2021, Sharron Fry, marketing director for the quick-service restaurant franchisee, confirmed Wednesday.
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Burger King planned for Owen Sound in 2021 Back to video
“Owen Sound was selected for the new Burger King restaurant because it is the largest city in Grey and Bruce counties, has a vibrant business and residential community and currently does not have a Burger King restaurant,” she said. ....

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Toronto-based BK, Pizza Hut franchisee names CFO


istock
Dec. 14, 2020
Toronto s Redberry Restaurants which owns 111 Burger King restaurants and 23 Pizza Hut restaurants has named veteran financial and QSR executive Robert Masson as CFO. Masson formerly worked as CFO at Second Cup, dentalcorp and Sleep Country Canada and also served as vice president of finance at Manchu Work, a news release said.
We re thrilled to have Robert join the Redberry team. He complements our make it happen culture and we know his impressive reputation for execution and achieving results will help Redberry achieve its vision to be Canada s largest and fastest growing multi-unit QSR Franchisees, Redberry CEO Ken Otto said in the release. We are on track to double the size of our restaurant portfolio in the next few years and Robert s expertise will no doubt be a huge asset. ....

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