Brinker International Signs Franchise Agreement to Develop Restaurants in Toronto
DALLAS, May 20, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Brinker International, Inc. (NYSE: EAT) announced an agreement with Top Down Enterprises, Inc. (TDE) to develop five new Chili's Grill & Bar(R) restaurants in the Southwest Greater Toronto Area including Brampton, Hamilton, Kitchener, Mississauga, Richmond Hill and Oakville.
Under the agreement, TDE, a new franchise partner of Brinker, is expected to develop all five restaurants by 2013.
"As Brinker continues disciplined and aggressive international expansion, we continue to look for areas with great growth potential, and Toronto certainly provides us with such an opportunity," said Greg Walther, President of Global Business Development for Brinker International. "Our Chili's brand already has a presence in Saskatchewan and Alberta, and now we're excited to work with TDE to bring these restaurants to the largest city in Canada."
About Brinker International
Brinker International, Inc. is one of the world's leading casual dining restaurant companies, serving more than 1 million guests daily. Founded in 1975 and based in Dallas, Texas, Brinker owns or franchises more than 1,800 restaurants in 24 countries and employs more than 120,000. Brinker restaurant brands include Chili's Grill & Bar, Romano's Macaroni Grill(R), On The Border Mexican Grill & Cantina(R) and Maggiano's Little Italy. The company was named one of FORTUNE Magazine's Most Admired Companies in 2006 and was honored by the magazine as one of the Top 50 Employers for Minorities and the Top 50 Employers for Women. For more information visit http://www.brinker.com.
SOURCE Brinker International, Inc.