Australian Franchise News – 12-03-10
Souvlakihut is a BRW Fast Franchise and is ranked 3rd on the 2010 list.
The BRW Fast Franchises list ranks companies according to their average annual turnover growth over three years. The entrepreneurs running the BRW Fast Franchises are extremely confident about their futures.
Souvlakihut is the highest ranking food business and has grown by over 217% over the last three years – a tremendous achievement for the casual Greek restaurant franchise that has only been franchising since 2005.
Last fiscal year was Souvlakihut’s most successful in terms of growth more than doubling its amount of stores and achieving revenue growth of 120%.
John Fotiadis, co-founder of Souvlakihut, attributes the businesses success to the strong team of franchisees that are advocating the brand and the emphasis the business places on its quality product offering, excellent customer service and support it provides franchisees.
“Our franchisee recruitment process is extremely vigilant as we know the importance of having strong brand advocates, who can see our vision for the business and work hard with us to achieve success.
“We pride ourselves in our franchisee support operations, we have development agents who work closely with franchisees in each area to ensure they have everything they need to run a successful business.
“We’re delighted to be recognised as the 3rd fastest growing franchise system in Australia.”
Souvlakihut now has 36 franchises across the Eastern Seaboard with a target of more than double by the end of 2010.
The issue of BRW Fast Franchises magazine will be on sale 25 February, 2010 at the cover price of $7.95, at your local newsagent.
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