Asset Manager

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MTY Food Group

MTY Food Group specializes in franchising and operating quick-service and casual dining restaurants. The company offers various cuisines and concepts,...

MTY Food Group

MTY Food Group specializes in franchising and operating quick-service and casual dining restaurants. The company offers various cuisines and concepts, primarily serving the restaurant sector. Founded in 1979, MTY Food Group is based in Saint-Laurent, Quebec.

General information

Firm type

Asset Manager

Location

Region

North America

Country

Canada

Corporate office

Canada

Sector focus

Food & Beverage

Frequently asked questions

Who controls MTY Food Group?

MTY Food Group is a publicly traded company listed on the Toronto Stock Exchange under ticker MTY. Founder Stanley Ma served as CEO and chairman for decades before retiring in 2023; the company is now run by a management team appointed by the board.

How does MTY Food Group generate revenue?

MTY generates revenue primarily through franchise royalties based on a percentage of store sales, as well as from corporate-owned restaurant operations. It also receives initial franchise fees and fees from food supply chains.

What brands does MTY Food Group own?

MTY's portfolio includes over 80 brands such as Taco Time, Thai Express, Manchu Wok, Mrs. Vanelli's, Steers, and Mr. Sub. These span quick-service, fast-casual, and bakery segments.

Does MTY Food Group operate outside Canada?

Yes, MTY has expanded into the United States and internationally through acquisitions, with brands like Taco Time operating in select US states and some Middle Eastern countries.

What is MTY Food Group's growth strategy?

MTY grows by acquiring underperforming or underscale quick-service brands, then integrating them into its franchise system to drive royalties and expand geographic reach.

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