Newlook Capital’s Newlook-New Taste Partners LP (NTP) is co-owner of New Franchise Systems Holdings, the Franchisor and owner of the La Prep Brand, with 54 franchised locations in Canada.
In 2019 two new Chaska locations opened in downtown Toronto, the first in February and the second in September 2019. The franchise launched a Chaska food truck in August, to cater to corporate events, special occasions and continued brand exposure. Although we missed out half of the season but it has been very successful! Also in 2019 two new La Prep social bistro locations opened, the first in January and the second in September 2019.
We anticipate the positive impact of the above achievements to be clearly felt towards the beginning of the new year through an increase in sales and profitability. We look forward to the year ahead!