Second Cup

Second Cup

Infobox Company
company_name = Second Cup
company_
type = Subsidiary
Public (tsx|SCU.UN)
parent = Dinecorp Hospitality Incorporated
foundation = flagicon|CAN 1975, suburban Toronto, Ontario, Canada
location_city =
location_country =
location = flagicon|CAN Mississauga, Ontario, Canada
key_people = Gabe Tsampalieros, Chairman
num_employees =
industry = Restaurants
Retail Coffee and Tea
Retail Beverages
Entertainment
products = Whole Bean Coffee
Boxed Tea
Made-to-order beverages Bottled beverages
Baked Goods
Merchandise
Frappuccino beverages
services =
revenue = profit CAN$23.11 million (2007)
operating_income = profit CAN$21.70 million (2007)
net_income = profit CAN$8.20 million (2007)
assets = CAN$112.04 million (2007)
equity = CAN$87.82 million (2007)
homepage = [http://www.secondcup.com/ SecondCup.com]

Second Cup is Canada’s largest specialty coffee retailer,and operates more than 360 cafés across Canada. [ [http://www.secondcup.com/eng/about_us.php Second Cup: About Us ] ] Founded in 1975 by Tom Culligan and Frank O'Dea, Culligan eventually purchased O'Dea's shares. After building it to a 150-store chain, he sold it in 1988 to Michael Bregman, the founder of mmmuffins.

From 2002, Second Cup was a subsidiary of Cara Operations Limited. On November 16, 2006, Cara sold it to Dinecorp Hospitality Inc. Dinecorp is controlled by former Cara CEO Gabe Tsampalieros, who is now chairman of Second Cup.

Select Second Cup locations offer wireless internet access, provided by Rogers Wireless. [ [http://www.secondcup.com/eng/about_us.php?about=1d#m1 Second Cup: About Us ] ]

Expansion

Second Cup has expanded tremendously since its inception. There are Second Cup franchises in United States, Canada, Saudi Arabia, Kuwait, Oman, Lebanon, Egypt, the United Arab Emirates and Turkey .

"Second Cup" Incident

In 2001, Rhéal Mathieu, a member of Front de Libération du Québec (FLQ) who in 1967 was sentenced to nine years in prison for terrorist activities including murder, was convicted of firebombing three Second Cup locations in Montreal. Mathieu targeted them because of the company's use of its incorporated English name "Second Cup." After the media coverage of the firebombings, many Second Cup locations in Quebec changed their signs to "Les cafés Second Cup."

Notes

External links

* [http://www.secondcup.com Official Site]
* [http://www.secondcupincomefund.com Second Cup Royalty Income Fund]


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