Thursday, 1 April 2010 1:24 PM
One of South Melbourne FC’s major corporate partners, Souvlakihut, was recently named by BRW Magazine as the fastest growing food franchise in Australia, coming in third on the 2010 Fast Franchise list.
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%.
The BRW Fast Franchises list ranks companies according to their average annual turnover growth over three years.
John Fotiadis, co-founder of Souvlakihut, speaking to smfc.com.au, attributed 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” said Fotiadis to smfc.com.au.
In total, Souvlakihut now has 36 franchises across the Eastern Seaboard with a target of more than double by the end of 2010.
Head of Corporate Sales, Marketing, and Events, George Triantos, speaking to smfc.com.au, said “we are both delighted and proud of of our major corporate partner Souvlakihut, who have achieved such great success and in particular, offer a healthy alternative to the fast food industry. To be acknowledged by BRW Magazine is a tremendous feat.”
South Melbourne FC would like to congratulate Souvlakihut on this achievement, and wishes both Bill and John Fotiadis continued success.