As reported in the AFR in March 2021:Most of its 150-odd stores...

As reported in the AFR in March 2021:

Most of its 150-odd stores in Australia and overseas are franchised, and company operated stores tend to be in metro and CBD areas, which have been hard hit by the pandemic.

Nevertheless, sales from company-owned stores rose 25 per cent to $61.9 million and franchise revenues rose 18 per cent to $15.6 million, lifting total revenues by 23 per cent to $77.5 million.

Guzman y Gomez’s ambitious growth plans help explain why Hamish Douglass’ Magellan Financial Group paid about 128 times earnings (historic EBITDA) when it outlaid $86.8 million for a 10 per cent stake in December.

Magellen’s investment valued the business at $870 million, well above the $500 million valuation mooted in October when the board, led by former Kmart and McDonalds CEO Guy Russo, appointed bankers and lawyers ahead of a potential float in 2021.

As reported in Channel 9 papers today:

Guzman y Gomez generated $41.8 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.

The fast food chain has some 140 stores across Australia, with plans to open more than 30 stores every year over the next 15 years - “almost all” of them in a drive-through format - to grow this figure to 600.

While most of Guzman y Gomez’ stores are based in Australia, the casual dining chain also has 18 restaurants in Singapore and four in Tokyo. In the US, it so far runs one drive-through restaurant in Naperville, Illinois.