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
PG 4
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
PG 5
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
PG 6
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
PG 7
• 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
PG 8
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
PG 9
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
PG 10