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Prime Restaurants

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Prime Restaurants Inc. (formerly Prime Restaurant Royalty Income Fund) was a Canadian holding company, which operated the restaurant chains East Side Mario's and Bier Markt, and Prime Pubs their Irish Pubs subsidiary which included: Tir Nan Og, Paddy Flaherty's, D'Arcy McGee's, and Fionn MacCool's.

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Founded in Sudbury, Ontario in 1980 as Yesac Creative Foods, the company became Prime Restaurants in 1989 when it merged with the Lime Rickey's chain based in Toronto.[1]

On January 10, 2012, Fairfax Financial completed its acquisition of Prime Restaurants.[2] In October 31, 2022, Fairfax Financial entered into a strategic partnership with Cara Operations and Cara gained ownership of Prime Restaurants including Prime Pubs.[3] In May 2018 Cara rebranded itself Recipe Unlimited. In 2022, Prime Pubs subsidiary of Prime Restaurants was sold to Foodtastic[4][5] who run it under them under the banner Fionn MacCool's. East Side Mario's and Bier Markt were retained by Recipe Unlimited.

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