Deal close to bring Montana's Restaurant to Charlottetown

Dave Stewart
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Montana's Cookhouse

Two Islanders and one person from off-Island are teaming up to bring an international chain restaurant to Charlottetown.

Courtney Hindorff, a spokesman with Montana’s Cookhouse & Bar, told The Guardian that the group is very close to finalizing a deal that will make it official.

Hindorff would not disclose who the potential owners are until the agreement is signed, which is expected to happen as early as the end of this week.

“It’s a very, very strong group,’’ said Hindorff, who is in charge of franchise operations for Montana’s. “We’re very excited about them.’’

Montana’s is slated to move into the list of properties owned by developer Plazacorp Retail Properties Ltd. which has been trying to find a franchisee for more than two years to bring the chain to P.E.I. Those properties are located next to Boston Pizza, just off Malpeque Road, with Sobey’s as the anchor tenant at the moment.

“I can’t give you a full update at the moment. We’re just waiting on agreements . . . but yes we feel very good about the opportunity there in Charlottetown.’’

Hindorff did say that the company is confident that the restaurant will open sometime this year, adding that plans are to operate in 6,300 square feet of retail space. There will be enough capacity for 211 seats and it will employ approximately 50 people.

One of the challenges with finding a franchisee(s) for Montana’s is the requirement that they need to have at least $700,000 in equity to start up.

While Sobey’s is the current anchor tenant, Plazacorp’s plans list 103,000 square feet of retail space currently described as “proposed future development’’. Speculation on what that property will turn into ranges from a new location for Canadian Tire/Mark’s Work Wearhouse while rumours continue to swirl about Costco putting a store in the capital, similar to the one in Fredericton.

dstewart@theguardian.pe.ca

Twitter.com/DveStewart

Organizations: The Guardian, Plazacorp Retail Properties, Boston Pizza Canadian Tire Costco

Geographic location: Montana, Charlottetown, Iceland Malpeque Road Fredericton

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Comments

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Recent comments

  • ben
    February 10, 2014 - 07:30

    JUST WHAT WE NEED ANOTHER RESTAURANT1

  • therod
    February 10, 2014 - 07:21

    Speculating that the new property will turn into a new Canadian Tire? Its 100% a new canadian tire. There is no speculating.

  • guardian reader
    February 10, 2014 - 07:13

    Why is it that about once a year this newspaper trots out a story about a supposed Montana's franchise? Why is this news? Why does this particular brand of Cara Food Service (Harveys, Swiss Chalet, Kelseys, etc) get free publicity in this newspaper in little old PEI? Do the other Transcontinental newspapers in Newfoundland, NS, NB, etc. provide similar coverage? My gosh.... a Montana's franchise might open sometime in the next 100 years in Corner Brook! STOP THE PRESSES! Who gives a cr@p about the important news out there. Let's give free publicity to a franchise opportunity about a who-cares restaurant chain. Puh-leeez Guardian editors. Make it stop!

  • Sam Afram
    February 10, 2014 - 04:58

    Why is this news? Worse yet why celebrate an American chain that's going to push nutritionally vacant garbage in gigantic portions? This is the type of mass produced faux-food that's making us overweight and sick. Why not celebrate all the hard working truly local restaurants that celebrate our island at its best?

  • nita
    February 09, 2014 - 14:38

    WTG It would be So NICE to have them Places On PEI Summerside would be Better but if it has to be Ch'Town that will do...

  • nicole
    February 09, 2014 - 13:42

    Montanas is perfect for pei! family prices, yes please! Plus, cookhouses are still a niche market because there are not too many yet, besides the factory cookhouse. PEI is about country living, so it would only be natural to have some restaurants with a cowboy/cowgirl appeal. As for Costco, YES pei has the population! I can't understand how it is not here already! So many people live in rural areas with children and it would be a lot easier to come into town and buy bulk versus travelling several times. And there big thing is BULK, so it won't take away from local businesses that are specialized.

  • Steve
    February 09, 2014 - 13:35

    I've eaten at a Montana's off-island. Nothing to write home about. And, frankly, I wish people would stop this Costco nonsense. PEI just doesn't have the market capacity for such a place. At best, it would just suck up all the money already available, and close existing businesses with no net benefit to the island.

    • Agree!!
      February 10, 2014 - 07:10

      Absolutely Steve, the food is just typical chain food and Costco is silly idea too. Stop being typical islanders thinking this place is big as a real city.

    • Tracey
      February 10, 2014 - 09:00

      I live off Island in a large city. Granted I am spolied by the number of choice sof restaurants but I can tell you for sure that Montana's is never my choice. It is the restaurant version of a big box store. Oversized portions of cookie cutter food on a menu that when you get past the creative names on the items, doesn't differ much from any other big box restaurant's menu. The Cost Co thing? PEI doesn't begin to have the population to support a Cost Co. We have three in my city and they all have full parking lots and line ups at 10 am opening, any day of the week.