New owner for Champions in Truro

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Greenfield resident Derek Forsyth is the new owner of Champions Bar and Grill on Robie Street in Truro. The acquisition adds to the list of related businesses he already owns in Truro and area. Harry Sullivan – Truro Daily News

TRURO – Champions Bar and Grill has a new owner.

Greenfield’s Derek Forsyth, 41, has bought the Robie Street business from

Truro’s Paul Blenkhorn, who will remain as a minority owner. Blenkhorn is also the owner of The Cat Shack in Truro.

Forsyth said there are no immediate plans to make any significant changes to the business, which has a staff of about 20 people and used to be The Mill Beverage Room for more than 30 years previously.

“Nothing is changing anytime soon. It will take about three months to do an analysis and to access” the business, Forsyth told the Truro Daily News, adding he is pleased with the condition of the building.

Forsyth is also the owner of Keggers Alehouse and Loft in Truro, the Split Crow in Truro and Springhill and Ryan Duffys, also in Truro. He said the purchase of Champions is an ideal addition to his business portfolio.

“It’s the perfect fit for our business plan in terms of being non-competitive to the others I own,” Forsyth said, adding, “it’s a great long-term investment and increases buying group power. The margins of profit are slim so to have ownership of more (businesses), the better.”

When asked if Forsyth if he’s working towards becoming the owner of all local bars, he said that’s not the plan.

“I’ve heard that rumour. We haven’t even thought about it,” he said.

 

mchiasson@trurodaily.com

Twitter: tdnMonique

Geographic location: Truro

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Recent comments

  • jorge jone
    September 02, 2013 - 14:50

    change the name back. champions just doesn't roll off the tongue. plus i will agree with the previous poster that this is not very good news for "consumers". no effort required to compete. as you are buying from the same big bar anyway. no taking your business elsewhere!

  • Truetothehub
    September 02, 2013 - 13:50

    If they do any changes like they have to the split crow and the loft then I welcome that! Clean up the place, bring in live entertainment and get rid of the riff raff! Keep going!

  • PJ
    September 02, 2013 - 11:49

    If you have visited Keggers lately, you will notice is is becoming more of a bar and gambling site and the food prices have gone through the roof. One would have to be drunk to pay those food prices for so-so fare.

  • Smcg
    September 01, 2013 - 09:11

    One owner for all these establlishments means no competition. No competition means higher prices. Mind you not a bad thing when you consider the alcohol availability and the number of squirmishes that seem to happen in the Inglis St Esplanade area.