Last week, Northland Properties announced the acquisition of the trademarks, intellectual property, and exclusive rights to the Denny’s brand in Canada. This follows Northland Properties’ longstanding role as Denny’s Master Franchisor in Canada. As part of the same transaction, Northland Properties has also taken an equity position in Denny’s Inc., a strategic move ensuring it remains deeply connected to the global vision of Denny’s while tailoring its approach to meet the unique needs of Canadian guests. “This acquisition represents an exciting opportunity for Northland to accelerate growth and strengthen Denny’s relevance with Canadian guests,” added Alan Howie, President and COO of Northland Restaurant Group, “With full brand control in Canada, we can invest meaningfully in menu innovation, restaurant development, and our people, while preserving the heritage that Canadians know and love.” Canadian franchise rights were acquired by Northland Properties in the early 1990s, and Denny’s Canada has grown to become a chain of 85 casual 24/7 ‘all day diner’ family restaurants across the country, including 57 Northland Properties owned locations and 28 franchised restaurants. More than a breakfast-only concept, the full-menu lunch and dinner sales each account for approximately third of the sales volume. Most Denny’s restaurants offer beer and wine. Denny’s Canada growth plans targets freestanding pad locations and highly visible end cap sites. The target size is in the 3000 to 4500 square foot range.
Northland Properties Corp., 310-1755 West Broadway, Vancouver, British Columbia V6J 4S5 (604/730-6610 www.dennys.ca)…………