Franchise News

FranSpeak International Monthly Newsletter

Sign up for our monthly email round-up of international franchise news. Privacy Policy

Paramount Fine Foods (US) Announces Expansion Plans for 2019

16 Jan 2019 - Paramount Fine Foods, the fastest growing Middle Eastern Restaurant chain in North America, is proud to announce our continued global expansion into 2019. In 2018 Paramount achieved many corporate firsts, including the addition of 21 new locations, surpassing 65 locations internationally and other major milestones such as the naming of the new Paramount Centre (former Hershey Centre) and International expansion into new markets such the United Kingdom and Ivory Coast. Building on our unprecedented growth in 2018, we are looking forward to another great year in 2019.

Although 2018 was one of the toughest years in decades for the foodservice industry, Paramount had a very strong year and is poised to continue this positive momentum by adding additional Paramount Restaurants globally. Currently there are plans in the works to add an additional 16 locations by the end of 2019, which will bring Paramount’s total number of restaurants to over 80 worldwide. We are excited to announce that we have signed a master franchise agreement for the province of Quebec and will be expanding rapidly in this market. Plans are already underway for expansion into Ottawa, Alberta and British Columbia.

In true Paramount fashion, this is not enough, Paramount has met with Chef Massimo Capra and will be collaborating to launch a new Paramount business concept in the Greater Toronto Area by the end of 2019. This new concept is very exciting and will make the fresh, authentic flavours of Paramount more accessible to those guests that are craving the True Taste of the Middle East. Stay tuned for more information in the future.

“2019 is shaping up to be one of the biggest and brightest years for Paramount, I am so excited about the opportunity to expose the Paramount Brand to new markets across Canada and the World. At Paramount we bring all walks of life together, to enjoy great food, great company and to celebrate life. We truly hope we can use the Paramount Culture to make Canada and other communities across the world more inclusive,” said Mohamad Fakih, founder and president of Paramount Fine Foods.

Today Paramount has over 65 locations across the world including Canada, U.S.A., Lebanon and Pakistan and the United Kingdom. Founded by Mr. Mohamad Fakih in Mississauga, Ontario, Paramount celebrated it’s 10th Anniversary in 2017 and has built a solid reputation by providing fresh, healthy and authentic Lebanese Cuisine that is 100 per cent halal.


Paramount Fine Foods

RELATED NEWS

FROM THE SAME REGIONS