The Cheesecake Factory Competition
Toronto is an extremely competitive city and is home to over 1000 food and beverage industries. If The Cheesecake Factory were to expand in the Greater Toronto Area, they would face some competition against similar concept restaurants. A direct competitor would be Carole’s Cheesecake, which is a popular, thriving bakery that sells a variety of delicious cheesecakes. Future Bakery would also be a threatening competitor for The Cheesecake Factory. Future Bakery sells ready-made hot meals and offers a variety of desserts and pastries similar to that of The Cheesecake Factory. They also have a very successful bakery located in The St. Lawrence Market which attracts many tourists on a daily basis. Other competitors include, Joey Eaton Centre, Jack Astors, Bent, Real Sports Bar and Grill and several other well-known, established chains. However, The Cheesecake Factory’s reputation is one that is exceptional. Canadians flock to the well-known restaurants when visiting the United States. They are aware of the savoury variety of foods and ample portion size of each dish that are very reasonably priced. The quality of ingredients is evident because their meals are delectable and their famous cheesecakes are outstanding. For these reasons, their success would continue to grow in Canada and competitors would be extremely nervous having the company set up shop nearby.
Toronto is an extremely competitive city and is home to over 1000 food and beverage industries. If The Cheesecake Factory were to expand in the Greater Toronto Area, they would face some competition against similar concept restaurants. A direct competitor would be Carole’s Cheesecake, which is a popular, thriving bakery that sells a variety of delicious cheesecakes. Future Bakery would also be a threatening competitor for The Cheesecake Factory. Future Bakery sells ready-made hot meals and offers a variety of desserts and pastries similar to that of The Cheesecake Factory. They also have a very successful bakery located in The St. Lawrence Market which attracts many tourists on a daily basis. Other competitors include, Joey Eaton Centre, Jack Astors, Bent, Real Sports Bar and Grill and several other well-known, established chains. However, The Cheesecake Factory’s reputation is one that is exceptional. Canadians flock to the well-known restaurants when visiting the United States. They are aware of the savoury variety of foods and ample portion size of each dish that are very reasonably priced. The quality of ingredients is evident because their meals are delectable and their famous cheesecakes are outstanding. For these reasons, their success would continue to grow in Canada and competitors would be extremely nervous having the company set up shop nearby.