The Quebec-based Cora breakfast and lunch restaurant chain is coming to Saskatchewan, with its first location opening later this month (November) in Saskatoon as it expands westward.
The Cora outlet in Saskatoon is part of a new retail centre at Preston Crossing.
Cora is also looking at potential sites in Regina, where it has someone ready to sign a franchise agreement according to director of franchise development Candace McAllister.
The Saskatoon location is a typical Cora size: 3,400 square feet with 142 seats. The franchisees are cousins David Ukrainetz, who has worked for years at his family's Dairy Queen, and Brianna Ider, who is just out of university. "It's a great time in Saskatchewan right now," commented McAllister.
With its growing prosperity, Saskatchewan is becoming one of the places to move to, noted David Polny, executive vice-president of the Cora Franchise Group. He added that the province is also receiving some spin-off from the booming economy in Alberta.
Also in November, the Cora chain will open an outlet in Lethbridge, Alberta. And in December, a new Cora restaurant is scheduled to open in Victoria, B.C.
Currently there are 128 Cora restaurants operating across Canada. With the opening in Saskatoon there will be Coras in all 10 provinces.
A Cora franchise requires a total investment of approximately $300,000, including an initial franchise fee of $40,000. There is a royalty fee and an advertising fee.
from Western Investor November 2012
