Seattle / WA. (mod) MOD Super Fast Pizza Holdings LLC announced plans to expand its purpose-led fast casual brand into Canada. The development agreement for Canada was signed with V.I. Pizza Inc., led by Jim Hayden, Jeff Jefford and Ken Whitaker, who have deep food industry experience and operate several successful brands across Vancouver Island. Their agreement includes development rights to bring five MOD locations to the island over the next several years. Mike Yasinski, co-founder of Hudsons Canada’s Pub and executive committee member of Restaurants Canada, is also an investor.
«We are confident that MOD will translate well in the Canadian marketplace, and that the V.I. Pizza team will be great partners as we further expand our footprint. With Vancouver Island’s close proximity to our home base of Seattle, this feels like the perfect first step into Canada.» said Scott Svenson, co-founder and CEO of MOD. «For us, the most important factor in selecting our franchisees is finding those who not only share our business values, but are committed to cultivating the MOD culture in their stores. The V.I. Pizza team are aligned with our belief that taking care of people, and using the platform of MOD to make a positive impact, leads to a successful business. As we continue to grow MOD’s footprint, we hope to identify additional like-minded partners who are interested in helping us expand across Canada.»
Seattle-based MOD Pizza is a pioneer of the fast casual made-to-order pizza segment, founded in 2008 by entrepreneurs Scott and Ally Svenson. The Company has been recognized as the fastest growing restaurant chain in the United States for the past four years, and currently has over 455 locations system-wide, with an additional 20+ stores slated to open by the end of 2019. At its core, MOD is a purpose-led company committed to using the business to make a positive social impact in the communities it serves.
«We’re absolutely thrilled to introduce MOD Pizza to Canada, and to share its compelling combination of superior food quality, value, speed and most importantly, its platform for doing good,» said Jim Hayden, COO of V.I. Pizza Inc. «MOD embodies everything we believe a brand should stand for – a people-first culture, a community driven approach, and a best-in-class business model. We can’t wait to debut the first store in our home market of Vancouver Island.»
V.I. Pizza Inc. will open its first MOD location in late 2019 in Langford, British Columbia.
OTHER TOPICS FROM THIS SECTION FOR YOU:
- Cloetta AB: announces Q2-2024 interim report
- Axfood AB: Reports Q2-2024 Financial Results
- Chef Robotics: Launches AI-Powered Food Robot
- Conagra Brands: Reports Fourth Quarter 2024 Results
- Limerston Capital sells Village Bakery to Groupe Menissez
- GrubMarket: Buys Major Foodservice Company in Texas
- Lantmännen acquires Entrack AB
- DPC Dash: Concludes H1-2024 with Sustained Expansion
- Norway: Orkla Food Ingredients acquires FDE
- Fondo Italiano d’Investimento co-invests in Casa della Piada
- Greggs: invests in a new frozen manufacturing and logistics site
- Bundeskartellamt imposes fine against «Fritz!» manufacturer AVM
- Yum China: Celebrates Opening of its 200th KCoffee Store
- Beijing intends to roll out 5’400 food production robots
- K-Citymarket: sees significant sales growth in Finland
- DPC Dash: reaches 900-store milestone in China
- Coffee Holding: Terminates Merger with Delta Corp Holdings
- Perkins Restaurant + Bakery: introduces new brand identity
- Engelmans Bakery: acquires St. Armands Baking Company
- National DCP: Breaks Ground on New Distribution Center