The first Milestones location opened on Denman Street in Vancouver, British Columbia, in 1989. In 2002, Cara (now known as Recipe Unlimited) purchased a majority stake in the restaurant from the previous parent company, BC-based Spectra Group, Inc.[1][2] Prior to Cara's acquisition, nearly all Milestones restaurants were located in British Columbia, with four locations in Ontario and one in Washington state.[1] Cara rapidly expanded Milestones operations into Ontario cities, including Toronto, Ottawa, Niagara Falls, and London.[3] On July 14, 2021, Montreal-based restaurant franchiser Foodtastic acquired Milestones.
^Business Editors (2002-04-08). "Cara to Acquire Controlling Interest in the Milestone's Restaurant Business from the Spectra Group of Great Restaurants". Business Wire.
^"London locations". Milestone franchise locator. Retrieved 12 January 2016.