Prime Restaurants
From Wikipedia, the free encyclopedia
Prime Restaurants Inc. (formerly Prime Restaurant Royalty Income Fund) was a Canadian holding company, which operated the restaurant chains East Side Mario's and Bier Markt, and Prime Pubs their Irish Pubs subsidiary which included: Tir Nan Og, Paddy Flaherty's, D'Arcy McGee's, and Fionn MacCool's.
| Company type | Subsidiary |
|---|---|
| Industry | Restaurants |
| Founded | Sudbury, Ontario (1980) |
| Headquarters | , Canada |
Area served | all of Canada & 3 US states |
Key people | Nicholas Perpick & John Rothschild |
| Products | Italian food, Irish pub, bar and grill, brasserie other food products |
| Revenue | CDN$ |
| Parent | Recipe Unlimited (2013–2022) Foodtastic (2022–present) |
| Subsidiaries |
|
| Website | http://www.primerestaurants.com http://www.primepubs.com/ |
Founded in Sudbury, Ontario in 1980 as Yesac Creative Foods, the company became Prime Restaurants in 1989 when it merged with the Lime Rickey's chain based in Toronto.[1]
On January 10, 2012, Fairfax Financial completed its acquisition of Prime Restaurants.[2] In October 31, 2022, Fairfax Financial entered into a strategic partnership with Cara Operations and Cara gained ownership of Prime Restaurants including Prime Pubs.[3] In May 2018 Cara rebranded itself Recipe Unlimited. In 2022, Prime Pubs subsidiary of Prime Restaurants was sold to Foodtastic[4][5] who run it under them under the banner Fionn MacCool's. East Side Mario's and Bier Markt were retained by Recipe Unlimited.
