Real estate mogul Shane Baghai to launch a chain of…burger restaurants?
While news of a new entrant into the city’s red-hot burger market might not shake Toronto’s battle-tested burger kings, they might be a little nervous to hear that the new guy is a real estate mogul who owns a farm and raises hundreds of head of cattle. When Shane Baghai’s wife developed breast cancer, the Star reports, a nutritionist advised that she avoid beef, which can be laced with hormones and “pink slime” (Google it). Instead, Baghai, who made his fortune selling homes and condos, started raising his own hormone-free cows. The 450-odd grass-fed and hormone-free animals on Baghai’s Paradise Farms will serve as the foundation for the three burger restaurants he plans to open in the GTA. He wants to open 30 locations in five years, which sounds ambitious enough, but according to the Star, “he’s not ruling out hundreds of Paradise Farms Cafes…during his lifetime.” Our message to him: good luck on that. Read the entire story [Toronto Star] »