VAUGHAN, Ont. — Franchise Management Inc. (FMI) has acquired Saskatchewan-based El-Rancho Food Services Limited.
The sale includes all of El-Rancho’s 21 KFC assets throughout Saskatchewan and Manitoba and brings FMI’s total Canadian KFC restaurants to 85.
FMI has also committed to opening 12 new KFC units by 2020, including nine in Atlantic Canada, two in Saskatchewan and one in Ontario.
Nivera Wallani, general manager, KFC Canada, says 2017 was an incredible year for KFC Canada. “FMI is one of our leading franchisees and their vast capabilities and commitment to growth make them a valuable partner as we seek to become a 1,000-restaurant brand in Canada. We look forward to growing our partnership with FMI.”
“FMI is eager to bring its expertise to KFC in Saskatchewan. El-Rancho’s restaurants are among the best-run in the KFC community and we’re extremely proud to carry on their tradition of operational excellence,” says Greg Walton, operating partner with FMI. “FMI believes the KFC Brand is poised for continued growth across Canada including Saskatchewan.”