Founder and CEO Steven Marks said the business, which saw “explosive” growth during the pandemic, will push into the US market when it has finished its ambitious domestic expansion - and then perhaps further south guzmanygomez
The chief of Australian-made burrito chain Guzman y Gomez has hopes to serve Mexican food to Mexicans one day when the company eventually turns its sights back to international expansion.
“The Mexicans that live in Australia love Guzman y Gomez,” he said. “There’s no reason not to bring it back to Mexico one day.” While dine-in restaurants, cafés and other hospitality venues have been battered by COVID-19 lockdowns, fast food outlets performed remarkably well. KFC Australia’s revenue ticked up 4.4 per cent to $433.7 million in the first half year of the 2022 financial year.Guzman y Gomez generated $418 million in revenue in the 2021 financial year. While Mr Marks said the company was “very profitable”, a spokesperson later declined to release profit figures.
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