East Side Mario's is a Canadian chain of casual dining restaurants, managed by its parent holding company Prime Restaurants. The restaurant specializes in Italian-American cuisine. Individual locations aim to recreate the historic ambience found at the corner of Canal Street and Mulberry Street in Lower Manhattan. The brand is marketed as "A taste of little Italy". It is best recognized by its old logo featuring the Statue of Liberty holding a large tomato instead of a torch, as well as the jingle containing the catch phrase "Hey, budda boom budda bing".
It has over 85 locations in Canada as well as one in the United States.
Video East Side Mario's
History
East Side Mario's was developed through the merger between several restaurants and began as a subsidiary of Yesac Creative Foods.
In 1980 three entrepreneurs from Sudbury, Ontario, opened the first Casey's restaurant. The restaurant's success prompted the opening of a second location in Elliot Lake, Ontario. The company moved to Burlington, Ontario, and introduced a fourth partner. The Casey's brand was developed through the company name of Yesac Creative Foods. In 1982, the first Pat & Mario's Restaurant was opened in Whitby, Ontario. The objective was to establish a takeout pizza and pasta business. The venture was successful and the Pat & Mario's chain expanded into the Toronto area, as well as Florida.
The first East Side Mario's restaurant was developed and built in Aventura Mall in Miami, Florida. To expand the business on both sides of the border, it was necessary for Yesac to raise capital. To do so, the collective brands of Casey's, East Side Mario's and Pat & Mario's were sold to the Prime Restaurants holding company in August 1989. Prime Restaurants has become a major force in the current Canadian restaurant industry largely in part from this acquisition. By 1993, Prime Restaurants had expanded East Side Mario's throughout the United States through an American subsidiary. Because of the high potential of this restaurant chain, the American subsidiary was later purchased by Pizza Hut and Prime Restaurants retained exclusive rights to the Canadian trademarks. As of February 2000, Prime Restaurants has re-acquired global trademark rights to East Side Mario's Restaurants Inc. On July 22, 2002, the parent company made an initial public offer for the Prime Restaurant Royalty Income Fund, allowing for public investing into the brand.
As of 2010, three members of senior management retain 18% ownership under the company Prime Restaurant Holdings Inc. with the other 82% belonging to Fairfax Financial Holdings Limited. In October 2013, Fiarfax Financial Holdings Ltd. Exchanged Ownership in the Prime Restaurant Brand, by selling to Cara Operations with a Warrant and Cash deal. See Fairfax Financial 3rd Quarter Report. In October 2013, Farfax bought a minority interest in Cara Operations. Cara in turn bought, and assumed debt from Prime Restaurants. Fairfax also kicked in 100 Million in secondary warrants. Fairfax Declared a Loss of approximately 50 Million Dollars in the process.
Maps East Side Mario's
Franchise
The menu primarily offers traditional Italian-American dishes, with an emphasis on pastas as well as classic entrees such as steak and chicken. The interior design is styled after New York Italian eateries of the mid 20th century. In 2008, East Side Mario's revamped their franchise design and menu. The new menu had a healthier focus, promising that no artificial trans fats and fresher ingredients were to be used. Their restaurants received an updated look, mixing styles from the Old World Italy with the more contemporary North American Little Italy. The logo also changed; a red tomato replaced the established figure of the Statue of Liberty.
In some tourist venues, such as airports and ONroute service centres, the chain also operates smaller East Side Mario's Pronto! locations, offering a scaled-down fast food version of the East Side Mario's menu.
Loyalty program
East Side Mario's began a partnership with Scene in February 2015.
Advertising & marketing
East Side Mario's has produced a variety of both chain-wide and regional promotional offers. These have included local radio contests and giveaways in association with communities. Similar to other restaurant chains, East Side Mario's has a longstanding promotion that offers free meals for young children, marketed for families. The franchise has also engaged in advertising partnerships with other companies such as Budweiser. In 2010, East Side Mario's took advantage of the FIFA World Cup and launched a campaign, declaring itself as the "soccer headquarters".
In January 2010, East Side Mario's launched one of the largest 3 month long contests in Canadian casual dining history, the "Budda Boom Budda Ching" campaign. The contest totaled up to $10 million in prizes, and was created with support from East Side Mario's marketing partners Endeavour Marketing, Endo Marketing, Ron Christie Communications and Cowan & Company. This campaign was launched in conjunction with an ongoing social media strategy in which East Side Mario's uses its presence on Facebook in an effort to raise awareness of promotions among consumers.
People are most familiar with the restaurant's long running jingle featuring the catch phrase: "Hey, budda boom budda bing".
Charitable work
East Side Mario's has been a corporate sponsor of the Canadian Breast Cancer Foundation in the past. In early May 2010, it was the national family restaurant sponsor of the 2010 Canadian Breast Foundation CIBC "Run for the Cure" fund raising event. The partnership included in-house promotions to help raise awareness about breast cancer.
East Side Mario's has also provided corporate sponsorship of Camp Oochigeas, a volunteer-run and privately funded organization working out of Toronto, Ontario which provides a summer camp experience for children with cancer.
Achievements/Awards
East Side Mario's has been recognized for its success in the past. It has appeared on Canada's 50 Best Managed Private Companies consistently since 2000.
See also
- List of Italian restaurants
- List of Canadian restaurant chains
- List of assets owned by Cara Operations
References
External links
- East Side Mario's Web site (in English and French)
- Prime Pubs of Canada
- Prime Restaurants Income Fund on the TMX
Source of the article : Wikipedia
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