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Paramount Fine Foods Announces Expansion into North Eastern United States

10-04-2017 01:52 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Paramount Fine Foods

FOR RELEASE
Mississauga, Ontario; Tuesday, October 3, 2017
Paramount Fine Foods, the fastest growing Middle Eastern Restaurant chain in North America, is pleased to announce our official expansion into North Eastern United States. Today Paramount signed a Master Franchise Agreement with SLS Hospitality Group to immediately open restaurants in New Jersey and Massachusetts. New York, Pennsylvania and Connecticut are to be signed later this year. This will bring our planned growth in this region to over 100 units over the next 10 years. SLS Hospitality Group is owned and operated by Liaquat Mian, President of LJM Developments and his son Shaheryar Mian.

“We see tremendous growth potential in this market and are very proud to partner with such established business people like the Mian family. We are excited to bring the Paramount Brand to this market” said Paramount Founder and CEO, Mr. Mohamad Fakih.

Paramount is celebrating their 10th Anniversary this year and have built a solid reputation by providing fresh, healthy and authentic Lebanese Cuisine that is 100% Halal.

“We are proud to partner with Paramount Fine Foods and look forward to helping this great brand grow its footprint across the United States” said Shaheryar Mian. LJM’s core business is real estate development in Southern Ontario with several landmark residential developments. The company diversified its business into the Food and Beverage sector in 2013 and recently won business of the year award in the Niagara region.

“We greatly admire the charitable and economic contributions Paramount has made to its community over the years. The company’s experience and success in Canada has prepared the brand to do big things in the United States and we are excited to be part of that growth” added Liaquat Mian.

Today Paramount has over 60 locations across the world including Canada, USA, Lebanon and Pakistan. Plans are already underway to open an additional 40 locations in Canada and globally with expansion confirmed in the United Kingdom, Saudi Arabia and the gulf. Paramount Fine Foods is expected to exceed over 100 restaurants by the end of 2018.

Media are invited to attend the official signing of this momentous agreement. Signing will take place Tuesday, October 3rd at 10am at the corporate office of Paramount Fine Foods located at 10 Four Seasons Place, Suite 601, Toronto, Ontario.

To learn more about Paramount Fine Foods please visit www.paramountfinefoods.com
To learn more about LJM Development Inc. please go to http://ljm.ca/

For more information or to set-up and interview please contact:
Greg Smith, Executive Vice President
Telephone: 416-965-8900
E-mail: greg@paramountfinefoods.com

Paramount Fine Foods is proudly celebrating its 10th year Anniversary. Founded by Mr. Mohamad Fakih in Mississauga, Ontario it is now a true global company growing faster than any other Middle Eastern food chain in North America.

10 Four Seasons Place, #601
Toronto, Ontario
M9B 6H7

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