Priszm

Priszm Income Fund
Type Public
Industry Restaurants
Headquarters Vaughan, Ontario, Canada
Number of locations 446
Area served British Columbia, Alberta, Manitoba, Ontario, Quebec, New Brunswick, Nova Scotia
Revenue C$450 million
Employees 9,000[1]
Website www.priszm.com

Priszm LP is the largest operator of Canadian fast food restaurants. The Priszm Income Fund, an income trust, owns 60.2% of Priszm.

Priszm is one of the largest franchisees of Yum! Brands in the world, owning 446 restaurants of various Yum!-owned chains in Canada, namely KFC, Pizza Hut, Taco Bell, and WingStreet. The majority of its locations are KFC restaurants, some of which are co-branded with the Taco Bell and Pizza Hut brands. Priszm was also responsible for KFC's national marketing and promotions within Canada from 2003 to 2009.[2] The close relationship between the two companies extends to sharing the same Canadian headquarters in Vaughan, Ontario.[3]

Bankruptcy

On March 31, 2011, Priszm went into bankruptcy protection in Ontario and British Columbia Canada.[4]

On May 6, 2011, Priszm Income Fund will be delisted from the Toronto Stock Exchange for failure to meet the continued listing requirements[5].

References

External links