Franchising.net.au:
Guzman Y Gomez, the five-strong Sydney restaurant chain including a new store in the bustling MLC Centre, is planning to expand nationally as a franchise late October.
The business that started from an initial 15-staff operation in Newtown in 2006 now has 100 staff and $4 million annual revenue. Founder Steven Marks revealed expansion plans are focused initially on NSW and then interstate.
“We plan to have the first franchises open around our existing hub in Sydney, probably west and north shore. We are also considering selling franchises for a few of our existing locations,†Marks told Franchising.
“This is a big step for us, and we want to give franchisees as much attention as possible.