Milestones moves into Winnipeg

Western Investor
October 30, 2012

Ontario-based Cara Operations is bringing a Milestones Grill and Bar restaurant to Manitoba.

The casual-dining concept, with nearly 50 restaurants in Canada, will be introduced to the province in downtown Winnipeg.

The outlet is expected to open in 18 to 24 months. The company was negotiating last month to open on Portage Avenue at the Centrepoint development. A local magazine ad showed the Milestones Grill and Bar name on the side of the highrise development, a project of Longboat Development Corp., Artis Real Estate Investment Trust and leasing agent Cushman Wakefield.

A Milestones franchise requires a total investment of from $2.5 million to $3.4 million, including a franchise fee of $60,000. Estimated startup capital

from Western Investor November 2012

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