The owner of the Aussie-grown burrito chain plans to first conquer the Australian market, then move to the US and eventually Mexico itself.
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.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Guzman y Gomez CEO wants to sell Mexican food to MexicansFounder 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
Read more »
Guzman y Gomez CEO wants to sell Mexican food to MexicansFounder 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
Read more »
Eric Clapton sues German woman selling bootleg CD for $15The Rock and Roll Hall of Famer takes legal action against a German woman who listed an illegal copy of an Eric Clapton CD online, which once belonged to her late husband.
Read more »
‘It’s the must-have thing for Christmas’: Rapid antigen tests sell outSt Ives pharmacist Jacinta McDonald said the testing kits were flying off the shelves like toilet paper in 2020.
Read more »
Supply chain woes disrupt two out of three businessesMost CEOs expect supply chain pressures to continue into next year, with potential ramifications for jobs, profits and prices.
Read more »
'Getting it done': Man with 'weeks to live' reveals inspiring bucketlistA man with terminal cancer has made an extensive bucket list, and today he got a big surprise while ticking something off. 9News
Read more »