Business
Odd Burger Expands into British Columbia with New Victoria Franchise and Provides Corporate Update
Odd Burger Expands into British Columbia with New Victoria Franchise and Provides Corpora...
About this update from Odd Burger Corporation
[{"type":"text","content":"\n \n \n \n Odd Burger Expands into British Columbia with New Victoria Franchise and Provides Corporate Update\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n TORONTO\n \n ,\n \n Jan. 4, 2022\n \n /CNW/ -\n \n Odd Burger Corporation\n \n (TSXV: ODD) (OTCQB: ODDAF) (FSE: IA9), one of the world's first vegan fast-food chains and the first to go public, today announced it has signed a franchise agreement for\n \n Victoria\n \n , its first\n \n British Columbia\n \n location, continuing its expansion plans throughout\n \n Canada\n \n and the west.\n \n \n \n \n \n \n \n \n \n Franchisees John Bowker and\n \n Luke Ceraldi\n \n are currently seeking a site to introduce\n \n Victoria\n \n to Odd Burger's affordable, mainstream, healthy, and satisfying vegan fast food.\n \n \n \"\n \n Victoria\n \n is the ideal spot to begin our West Coast takeover, and our partners Luke and John are ready to bring our brand to their city,\" said\n \n James McInnes\n \n , Odd Burger co-founder and CEO. \"The community will love our indulgent, iconic fast food without the guilt, made from wholesome ingredients like chickpeas, jackfruit, and fresh veggies.\"\n \n \n The\n \n Victoria\n \n location is projected to open within three months of site selection and permit approvals. It will follow the model of Odd Burger's successful restaurants in\n \n Ontario\n \n – compact footprints optimized for fast service, takeout and delivery, affordability, and simplified employee training. Odd Burger smart kitchens feature modern on-demand cooking technology, online ordering, self-checkout kiosks, and cashless transactions.\n \n \n Recently Odd Burger announced loans of up to 90 percent of the cost of opening a new location through the Canada Small Business Financing Program (CSBFP), administered by CIBC, to dramatically reduce up-front capital requirements. Loans of up to\n \n $350,000\n \n through the government-guaranteed program can be used for new store financing, renovations, and more. Only Canadian franchisees are eligible for...