Central Social Hall sold to restaurant franchisor Foodtastic with aim of expanding Alberta chain
Foodtastic has acquired Central Social Hall, aiming to expand the popular dining chain across Alberta and beyond.
Foodtastic, a restaurant franchisor based in Canada, has completed the acquisition of Central Social Hall, a popular upscale casual dining and bar chain which is primarily located in Edmonton. This move is part of Foodtastic's wider strategy to strengthen its portfolio with notable Canadian brands. Although the financial details of the acquisition were not disclosed, Foodtastic emphasizes its commitment to expanding Central Social Hall's presence within Alberta and potentially into other provinces in Canada over the coming years.
Central Social Hall has been a fixture in Edmonton since it was founded in 2012 by local entrepreneurs Jerry Rota and Jesse Kupina, who also had ties to The Ranch Roadhouse. The dining chain operates two casual restaurant-bar locations in the greater Edmonton area, with their central location on Jasper Avenue no longer in operation. With a focus on upscale casual dining, Central Social Hall has garnered attention for its inviting atmosphere and diverse menu, traits that Foodtastic likely sees as beneficial for its expansion plans.
Foodtastic, already notable for its ownership of various popular brands like Second Cup, Milestones, and Freshii, is looking to continue building its reputation in the competitive Canadian dining market. By acquiring Central Social Hall, Foodtastic not only diversifies its brand offerings but also aims to leverage the existing goodwill and recognition of the Central Social Hall name in a market where dining choices are increasingly important. This acquisition points to an ongoing trend in the restaurant industry where consolidation may lead to more brand expansions and opportunities for growth.