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241 Pizza is a Canadian quick-service pizza restaurant franchise founded in Toronto in 1986.

Last updated August 24, 2026

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Nov 4, 2026

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Overview

241 Pizza is a Canadian quick-service pizza restaurant franchise founded in Toronto in 1986. The brand operates primarily through franchised restaurants and focuses on pizza and related food-service products for individual, family, and group occasions. Its core service model combines restaurant sales with takeaway and delivery channels, although the precise mix of services and menu details may vary by location. The chain developed mainly in Ontario, with a strong concentration in Southern Ontario. Public reference material identifies additional locations in Newfoundland and Labrador, Manitoba, and Saskatchewan, giving the brand a presence in four Canadian provinces. The company is headquartered in Scarborough, a district of Toronto, Ontario. A publicly reported store count identifies 62 locations, although the applicable date and whether the figure reflects all operating or franchised locations are not specified in the available reference material. Chairman's Brand Corp., the parent company associated with Coffee Time, acquired 241 Pizza in October 2006. This transaction placed the pizza chain within a broader Canadian quick-service restaurant portfolio. The available sources do not provide sufficient information about 241 Pizza's founder, detailed pre-acquisition corporate history, current executive team, ownership percentages, financial performance, or subsequent changes in its restaurant network. Those details are therefore left unspecified rather than inferred. The brand's market position is that of an accessible Canadian pizza chain serving local communities through a distributed franchise network. Its principal offering is pizza, supported by side dishes and beverages. Publicly available reference material does not establish a complete historical menu, major product generations, national advertising campaigns, litigation record, or recent corporate announcements. Accordingly, this entry records the documented founding, geographic development, headquarters, reported acquisition, and operating footprint without adding unsupported claims.

History

241 Pizza was established in Toronto in 1986 as a Canadian pizza restaurant chain. Its documented development has been primarily regional rather than international: the brand expanded across Ontario, particularly Southern Ontario, and later established restaurants in Newfoundland and Labrador, Manitoba, and Saskatchewan. These locations gave the chain a presence in four Canadian provinces. The available reference material does not identify the founder or provide a detailed account of the brand's earliest management, initial restaurant, financing, or original franchise structure. The business has operated as a quick-service restaurant franchise, centered on pizza and related food-service products. Its customer proposition is based on convenient prepared meals purchased in restaurants, for takeaway, or through delivery. The historical menu and individual product introductions are not fully documented in the available sources, so the chain's product history cannot be reconstructed reliably beyond its core pizza offering and associated sides and beverages. In October 2006, Chairman's Brand Corp. acquired 241 Pizza. Chairman's Brand Corp. was also identified as the parent company of Coffee Time, linking 241 Pizza with an established Canadian quick-service restaurant group. The available material does not specify the acquisition price, transaction structure, management changes, or subsequent brand strategy. It also does not document any later sale or change in parent company. The chain is headquartered in Scarborough, within Toronto, Ontario. A cited reference describes 62 locations, predominantly in Southern Ontario, with additional restaurants in Newfoundland and Labrador, Manitoba, and Saskatchewan. Because the source does not attach a date to that count, it should be treated as a reported figure rather than a current verified total. No reliable public material supplied for this entry establishes current revenue, employee numbers, executive leadership, store-by-store ownership, or a complete list of operating locations. 241 Pizza remains identified in the reference material as an active Canadian pizza franchise. Its historical significance lies chiefly in its long-running Canadian restaurant presence, its Ontario-centered expansion, and its incorporation into Chairman's Brand Corp.'s quick-service restaurant portfolio. Further research would be needed to document recent store openings or closures, current ownership and leadership, menu changes, marketing campaigns, and any developments after the 2006 acquisition.

  • 2006

    Acquisition by Chairman's Brand Corp.

    [1]

    Chairman's Brand Corp., identified as the parent company of Coffee Time, acquires 241 Pizza in October 2006.

  • 1986

    241 Pizza is founded in Toronto

    [1]

    The 241 Pizza chain is founded in Toronto, Ontario, beginning its operation as a Canadian pizza restaurant brand.

  • Expansion across four Canadian provinces

    [1]

    The chain expands beyond its Ontario base, with documented locations in Ontario, Newfoundland and Labrador, Manitoba, and Saskatchewan.

Products and positioning

Accessible, mass-market Canadian quick-service pizza franchise

  • Main food offering · 1986

    Pizza

    Pizza is 241 Pizza's central product and the foundation of its quick-service restaurant and franchise model. The brand serves pizza for individual, family, and group occasions through restaurant, takeaway, and delivery channels. The available reference material does not provide a complete historical menu or sufficiently detailed information about specific flavours, sizes, crusts, or toppings.

  • Restaurant accompaniments

    Side dishes and beverages

    Side dishes and beverages complement the chain's pizza-centered meals and may be sold individually or as part of meal combinations. The supplied sources confirm the broader category of related food-service products but do not establish a reliable historical list of individual items or their launch dates.

  • Food-service channel

    Takeaway and delivery service

    Takeaway and delivery are service channels associated with the brand's quick-service pizza operation. They extend the restaurant offer beyond on-premises purchasing and support convenient consumption at home or in group settings. Location-level availability and ordering arrangements are not detailed in the supplied reference material.

Brand decisions

  • 2006

    Chairman's Brand Corp. acquires 241 PizzaM&A

    Background

    241 Pizza had developed as a Canadian pizza chain with a substantial Ontario presence and locations in other provinces.

    Action taken

    Chairman's Brand Corp., the parent company associated with Coffee Time, acquired 241 Pizza in October 2006.

    Aftermath

    The transaction placed 241 Pizza within Chairman's Brand Corp.'s Canadian quick-service restaurant portfolio. The supplied source does not document the purchase price, management changes, or later operational consequences.

Sources1 sources

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