Restaurant & QSR Expansion Report

NY to Florida by way of Canada

Described as a New York-style steakhouse, Madison’s New York Grill & Bar is a chain of full service upscale urban-style restaurants that feature a menu of filet mignon, rib steak, fresh seafood, salads and pasta, along with an extensive wine list. The nine year old chain currently operates 14 units in the greater Montreal/Laval region in Quebec. Madison’s will make its way to South Florida with its first U.S. location, a conversion that is expected to open in December. Construction is currently underway on the 7000 square foot unit at 2006 NW Executive Center Circle in Boca Raton.  The unit will offer combined seating of about 275 in the bar and dining area and a patio with seating for about 60 guests.  Company spokesman Steven Vassalos adds that a second South Florida location has also been confirmed.  The next location is expected to open in late 2014 on Atlantic Blvd. in Pompano Beach. “Pompano will be a new building which we will develop along with a shopping strip,” he says. “The restaurant will have a spectacular patio facing the inter-coastal and will be a freestanding building of approximately 8000 square feet.”  He further explains that while the company’s prime focus is on launching these two U.S. locations, he feels that the chain will certainly explore other opportunities in South Florida in the future.

 

 

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CATEGORY:   Full Service Upscale Urban-style Steakhouse

Chain Name:  Madison’s New York Grill & Bar

Company Name:  Madison’s New York Grill & Bar

Street Address:   1800 Chomedey Blvd., Laval, Quebec H7T 2W3

Tel:   514/389-6000                                                     Fax:    514/902-0187

Email:                                           Website:    www.madisonsnyc.com

Menu Specialty:  Filet mignon, rib steak, fresh seafood, salads and pasta and an extensive wine list.

Introduced:  2004 in Montreal, Quebec

No. of Locations:  14 locations in greater Montreal/Laval area. Boca Raton, Florida opens in late 2013, Pompano Beach, Florida opens in late 2014

Areas of Operation:  Quebec & Florida

Types of Location:  Freestanding and pad sites, Conversions

BusinessType (corp., franchise, jv):   Company-owned

Size Req’d:  6000 to 8000 square feet

Special Requirements (patio, drive-thru, etc):  Patio

Contact Name:  Steve Tsatas – Founder, CEO

Steven Vassalos – Attorney, Real Estate

REAL ESTATE REPRESENTATIVES:

FRANCHISE REPRESENTATIVES:

PARENT COMPANY:

Related Chains:

Last Report:    Restaurant & QSR Expansion Report #106       Last Update:

NOTES, NAMES & NUMBERS:

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