Canadian Company Good Earth Cafes Seeks To Acquire Locations Abandoned By Starbucks In Slash And Burn Closures – CoffeeTalk

Good Earth Cafes Ltd., based in Calgary, Alberta, is seeking to acquire locations across Canada that have been abandoned by Starbucks, capitalizing on the recent closure of the international chain, which has left numerous communities lacking local coffeehouses. The company’s founder and CEO, Michael Going, emphasizes the importance of community engagement in their coffeehouses, considering it as valuable as their ethically sourced coffee and fresh food offerings.

To facilitate this growth, Good Earth has enlisted the services of Doug Basarovich from Greenwood Realty, along with Stan Boniferro, Michael Kehoe from Fairfield Commercial Real Estate, and Warren Smagaren of Warren E Smagaren Consulting. Their role will involve collaborating with landlords and developers to identify suitable sites primarily in areas such as Toronto, southwestern Ontario, the BC Lower Mainland, and Halifax. This initiative aims not only to expand the Good Earth brand but also to create opportunities for investment and growth for both the company and its franchisees.

Gerry Docherty, President and COO of Good Earth Cafes Ltd., notes that this unique opportunity within a competitive market presents favorable partnership prospects for investors interested in multi-unit franchises or single-unit owner-operators. Good Earth Coffeehouses are characterized by their commitment to ethically sourced products and a welcoming atmosphere, fostering community interactions and demonstrating environmental responsibility. The brand’s focus on aligning with customers, landlords, and franchisees who share similar social and environmental values supports its mission to enhance community engagement through its coffeehouse offerings.