Streats Investor Guide 2025

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Investor Guide 2025

TM

HIT THE STREATS

Each Streats is built around being unique and local

Here’s our mantra. Our food is inspired from the streets, blending

flavours and delivering them in surprisingly delicious ways.

We do this by using only high-quality ingredients to deliver

excellence at all times. We also think a good planet is incredibly

hard to find, which is why we continuously work to stay on top

of best sustainable practices. We also engage with charities that

help the most vulnerable in our society and help feed them.

Globally inspired

street food

Streats Investor Guide 2025

PG 3

Growth

Track

20% brand sales growth in 2024

Up to 21% in profitability*

Average Unit Volume (AUV) increase 15%

10 projected locations in 2025

*Based on 2022 Profit Loss statement

provided by top performing locations.

Streats Investor Guide 2025

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Advantages

• Adaptive Menu - Streats is not stuck in one food category, our

menu always rotates based on current market trends.

• Local Feeling - A Streats location doesn’t feel like a typical QSR.

With an outside-the-box approach, each Streats feels unique to

the local climates they’re in.

• Research Locations - We fill a market niche with little

competition and provide developers & landlords with an exciting

option compared to “ordinary” concepts on the market today.

We also actively assist in handling negotiations and real estate

hunting for you.

• Low Barrier to Entry - A very competitive cost to open a Streats

compared to a similar-sized QSR.

• Proven Track Record - With a 40 year track record, we limit the

risk you incur.

Streats Investor Guide 2025

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Our Journey

20

15

10

25

30

2024*

2023

2022

2021

2020

2019

2018

Stores Already open.

Stores Opened that Year

*10 projected store openings in 2025

Streats Investor Guide 2025

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Joey’s Franchise Group operates loved and recognized brands like

Joey’s Seafood Restaurants, Streats, and Joey’s Fish Shack & more for

over 40 years.

Furthermore, Joey’s Franchising Group has great buying power, which

provides lower food costs for our franchise partners.

We believe the next generation does not want to sit inside a typical

QSR store, they want to go to their local spot that feels personable,

which is why it’s our goal to create franchises that curate

franchises that curate & ofer local experiences.

We ofer:

A. Concept Variety

B. Internal Supply Chain Relationship

C. 200 Years of Combined

Contemporary Restaurant Experience

D. 40+ Years in Business

Our Group

Streats Investor Guide 2025

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• Typical Rent*: 1,100 sq/ft

(or $3200/mo rent based on $35 sq/ft)

• Sales*: Average $718,656/year

• Average staff needed: 6 - 9

• Food Cost*: 24%

• Crew Labour*: 19%

• Top performing Streats locations hit

sales over $950,000 in revenue

Rent* Based on average location across Canada. Base rent only.

Sales* Based on markets with a population of over 30,000, locations in operation for over 12 months, and the top 25% of AUV.

Food Cost* Based on ideal recipe costs on products cost analysis breakdown.

Crew Labour* Based on profit and loss statements submitted from top performing locations in 2020.

The Numbers

Streats Investor Guide 2025

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The MENU

The menu has been specifically developed to invigorate the palate, excite

our guests and build repeat visits through trend-focused offerings.

Furthermore, our exciting offerings are restaurant effcient and streamlined to allow

our franchise partners to concentrate on customer relationships and the marketing of

their business.

The Streats Menu is comprised of culturally iconic menu items, including:

Globally Inspired Tacos

Specialty Fries

Burritos

Bowls

Burgers

The food is prepared to order, so every Taco, every Poutine and every Burrito is at its

peak - served hot and fresh.

We make our own Pico de Gallo, other salsas, chipotle mayo, shredded meats, secret

fried fish recipe and much more, in-house and fresh to your plate.

Streats Investor Guide 2025

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Operator key assets

Our Franchise Development Team works very hard to find the right

franchise partners to award a Streats franchise to.

When awarding franchises, we look for the following key attributes:

A positive and ongoing attitude

Good business acumen and business financial knowledge

Strong problem-solving skills and the ability to see projects to completion

Well-rounded people leadership and communication abilities

Hands-on ownership is preferred, but an operating partner should hold a minimum

of 20% interest in the business if the majority owner is not a day-to-day operator

Food-service experience is a plus, but not a prerequisite

Streats Investor Guide 2025

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