Shake Shack Inc. will open in Toronto next year.
In a news release Wednesday, the New York-based restaurant franchise announced it will open its first Canadian
site in 2024 with two Toronto-based investing entities, Osmington Ltd. and Harlo Entertainment Inc.
The burger-and-fries franchise debuted in New York in 2004 and now has 290 stores in 32 states and 150 overseas sites in London,
Hong Kong, Shanghai, Singapore, Mexico City, Istanbul, Dubai, Tokyo, and Seoul.
The chain plans to open 35 Canadian outlets by 2035, starting with Toronto.
"We've been eyeing this amazing opportunity in Canada for quite some time,"
said Michael Kark, the chain's global licensing officer.