The Keg - Wikipedia The Keg For the That ' 70s Show episode, see The Keg ( That ' 70s Show episode ). This article relies too much on references to primary sources. Please improve this by adding secondary or tertiary sources. ( June 2016 ) The Keg Steakhouse and Bar The Keg at Yonge and Eglinton in Toronto. Type Subsidiary Industry Restaurants Predecessor The Keg and Cleaver Successor The Keg Founded North Vancouver, British Columbia ( 1971 ) Founder George Tidball Headquarters Richmond, British Columbia, Canada Number of locations 160 ( February 2018 ) Areas served Canada United States Key people David Aisenstat ( former owner, now senior Recipe Unlimited executive and Director ) Products Steak, ribs, chicken, and seafood Owner Recipe Unlimited Website kegsteakhouse.com The Keg is a Canadian - owned chain of steakhouse restaurants and bars located in Canada and the United States. The original `` The Keg and Cleaver '' restaurant was founded by George Tidball, in 1971, at a location in North Vancouver, British Columbia. By February 2018, The Keg had expanded to 160 locations in Canada and the United States, when Canadian food industry giant Cara Operations ( now known as Recipe Unlimited ) purchased the chain for $200 million, from then owners David Aisenstat ( 49 % ) and Fairfax Financial ( 51 % ). Aisenstat had been the sole owner from 1997 until 2014. Contents 1 History 2 Operations 3 See also 4 References 5 External links History The Keg on King Street West in Downtown Toronto 's Fashion District. It was founded in 1971 in North Vancouver, British Columbia as The Keg ' n Cleaver by George Tidball at one very small, downstairs location in an old industrial building in the Moodyville area of lower Lonsdale and today operates in nine provinces ( excluding only Prince Edward Island ) and five American states. The Keg is well known for buying up historic properties, refurbishing them and turning them into restaurants. Examples of this are the Keg Mansion in Toronto, and the Keg Manor at the Maplelawn Estate in Ottawa. Also notable as heritage restorations are the Kegs in Kamloops, British Columbia, which was a CN Station and in New Westminster, British Columbia, which was formerly the city 's CPR station. The Old Strathcona location, restored and opened in Edmonton, Alberta just three years after Tidball opened the first Keg, was built in 1912 as the Scona Apartments and Scona Garage, one of the earliest automobile sales and service locations in that city. Operations 100th location of The Keg was built in Moncton, New Brunswick in 2007. Financial and physical operations have been managed by David Aisenstat for a number of years.. The restaurants operated as Keg Restaurants Ltd. ( KRL ), with Aisenstat involved in selling to the British firm Whitbread PLC in 1987. In 1997, Aisenstat arranged financing a purchased 100 % of KRL back from Whitbread. In 2002, KRL created The Keg Royalties Income Fund, sold through a public offering on the Toronto Stock Exchange, trading as TSX : KEG. UN. The Fund owns the trademarks & intellectual property of `` The Keg '', and receives an annual royalty in the amount of 4 % of gross sales for restaurant locations in the Royalty Pool. KRL kept a 99 - year license to use `` The Keg '' as the name of the restaurants. KRL also provided management services to The Keg Royalties Income Fund at no cost as part of its long - term royalty and licensing agreement. The creation of The Keg Royalties Income Fund presented the first opportunity for the public to trade in any portion of The Keg group of companies, which had been fully private until that time. On February 4, 2014, Aisenstat sold 51 % of his private holdings in The Keg to Fairfax Financial, a publicly traded Canadian holding company. The transaction also introduced another indirect way for the public to invest in The Keg, by investing in Fairfax Financial. On January 23, 2018, it was announced that Canadian food industry giant Cara Operations was purchasing KRL for $200 million. The deal closed in February 2018, with Fairfax Financial and David Aisenstat sharing $105 million plus 3.8 million Cara subordinate voting shares. Aisenstat joined the Board of Directors of Cara, and assumed executive oversight of the higher - end brands within the 19 different restaurant chains then held by Cara. Cara also announced that the acquisition had prompted the company to change its own name, confirming on May 10, 2018, that Cara Operations would be renamed Recipe Unlimited Corporation. See also List of Canadian restaurant chains References Jump up ^ The Keg, Franchise Information Archived 2014 - 04 - 09 at the Wayback Machine. Jump up ^ `` Scona Garage & Apartments ''. Edmonton Heritage Council. Retrieved 2018 - 06 - 18. ^ Jump up to : Deschamps, Tara ( 2018 - 01 - 25 ). `` The Keg steakhouse chain to be sold to Swiss Chalet owner Cara Operations in $200 M deal ''. The Canadian Press. Global News. Retrieved 2018 - 06 - 18. Jump up ^ The Keg Royalties Income Fund - Annual Information Form - March 29, 2017 - SEDAR Archived 2017 - 09 - 03 at the Wayback Machine. ^ Jump up to : Read, Meegan ; Staff Writers ( 2018 - 01 - 23 ). `` Owner of Harvey 's, Swiss Chalet buying steakhouse chain The Keg for $200 M ''. CBC News. Archived from the original on 2018 - 01 - 23. Retrieved 2018 - 06 - 18. ^ Jump up to : `` Cara Reports Q1 2018 Results Led by Solid Same Store Sales Growth ''. CNW. 2018 - 05 - 10. Archived from the original on 2018 - 06 - 08. Retrieved 2018 - 06 - 18. External links Wikimedia Commons has media related to The Keg. Official website Recipe Unlimited Restaurants Bier Market Casey 's East Side Mario 's Harvey 's Swiss Chalet Kelseys Original Roadhouse Prime Pubs Milestones Grill and Bar Montana 's BBQ & Bar New York Fries St - Hubert The Keg ( pending ) Other Cara Air Terminal Restaurant Division ( Sold to gategroup in 2010 ) This Canada - based restaurant or restaurant chain article is a stub. You can help Wikipedia by expanding it. Retrieved from `` https://en.wikipedia.org/w/index.php?title=The_Keg&oldid=852284805 '' Categories : Recipe Unlimited Companies based in Richmond, British Columbia Restaurant chains in Canada Economy of the Western United States Regional restaurant chains in the United States Companies listed on the Toronto Stock Exchange Steakhouses Restaurants established in 1972 1972 establishments in British Columbia North American restaurant stubs Canadian company stubs Hidden categories : Webarchive template wayback links Articles lacking reliable references from June 2016 All articles lacking reliable references All stub articles Talk Contents About Wikipedia Simple English Edit links This page was last edited on 27 July 2018, at 21 : 12 ( UTC ). About Wikipedia

Question: how many keg restaurants are there in canada
Answer: 160