Not a lot, hopefully there’s some pay at the end because all we’ve got is a great business that looks good with a good cashflow. I’ll give you an example. I mean, Baker’s Delight have come from nothing and tripled the size of where we are. Eagle Boys advertised their products as semi-gourmet pizzas that quite unique to the larger chains, yet cheaper due to the high production output. Eagle Boys Pizza's second Mad Minutes online campaign is a success, breaking records for the chain and better than expected results. So what would you be worth now? Well the first one’s open, Crusty Devil and what I’ve seen is a continuous decline in the bakery, particularly hot bread business over the last 10 years. We decided to go the other way. And so are we seeing more people doing the buying a themselves a job? Well the thing is if you’re going to build one, you’ve got to build 200. Is it easier in other places because of bigger populations or what’s the difference? NBC Capital, a Queensland-based venture capital group bought Eagle Boys from founder Tom Potter in 2007. Here’s why, Collapsed retailer Australian Fashion Labels finds a buyer but lets go of all staff, The best business books: Eighteen entrepreneurs share their source of inspiration, Sole trader granted access to JobKeeper after tribunal overturns ATO decision. Follow updates here. Is there any way that you can vet before you take on a board position and see if you can make a difference? Tom Potter is one of the best-known names in the Australian franchise sector. And basically once that came along it was like, okay let’s do it and move on. What did you want to write the book for? So since you’ve left the jury is out on how they’re travelling? Global deaths from COVID-19 are expected to top 100,000 per week very soon, the World Health Organisation says. "Not too many people have figured out the administration will trigger the largest collapse in Australian retail history," he said. They’ve definitely got a longer term strategy. We pretty much found that about 70% of business in the major fast food operations goes drive through and for me that was just like a major indicator. Allegro was an underbidder for RFG's pizza businesses. The Eagle Boys Pizza chain bought out Pizza Haven in July 2008. SmartCompany is the leading online publication in Australia for free news, information and resources catering to Australia's entrepreneurs, small and medium business owners and business managers. Not settling for only a redesign, Eagle Boys Express is also launching new products for its menu line-up. If it was from a strategic point of view for the parent company, my advice would be to have a five year vision, a three year plan, a very clear and precise strategy and then a very good board of directors to help you achieve that. But his calls and emails were not returned. "We couldn't get hold of anybody.". What are the other mistakes that you see the franchises making and how has the market changed for franchising in the last year? We would go through periods of five and six years when I owned Eagle Boys making no money at all. Well they say it usually takes a little bit longer to get bored and start the next big thing. Eagle Boys Pizza A description of the nature of the business Founded by a young baker in his mum’s garage in 1987, Eagle Boys now operates more than 335 stores throughout all states of Australia. Pizza Place. I mean you think you might know that you’re working on a bunch of stuff, but you don’t, you need to bring in expertise. I mean you’ve got a really good nose for opportunities. What’s the potential for international expansion given that Queensland’s behind? In our case, we really knew the numbers, knew what people were doing and if they weren’t doing it why. The advent of pizza delivery in Adelaide effectively put an end to the dine-in Pizza Hutt family restaurant. Sotirios (Sam) Panopoulos immigrated to Canada from Greece in 1954 and opened the Satellite Restaurant with his brother in London, Ontario.When the Satellite hired a Chinese–Canadian cook and started adding some sweet and savory dishes to the menu, the inspiration for pineapple on pizza was … Adelaide-based Australian Fashion Labels collapses into voluntary administration, How these two entrepreneurs led Australia’s transition into the circular economy. Is it starting to heat up again yet? I mean they just barely exist. Step 3 - Attracting customer’s back Drive thru- Realising a major opportunity to improve convenience for customers and compete with a larger group of fast food chains, Eagle Boys Pizza launched a world first Drive Thru pizza model in 1999. The advent of pizza delivery in Adelaide effectively put an end to the dine-in Pizza Hutt family restaurant. Not only is Hawaiian pizza not actually from Hawaii, it's not even from the United States. And if you have a bit of a look at your picture you go okay I’ve got my investment sitting over there and I’ve got my property sitting over there and I own this house and I own this and that and I go – now what am I going to do? At 8:30 a.m., Tom Potter faces the first dilemma of the business day. If you want to go into franchising, it’s like the difference between being a motor mechanic and a gynecologist. I mean the Queensland coffee I have to say Tom needs improvement. The Retail Food Group (RFG) has confirmed it is not currently engaged in any discussions to acquire Eagle Boys Pizza after its head office entered into voluntary administration late last week.. SV Partners were appointed as the administrators and have taken control of day-to-day operations in the Eagle Boys… The Eagle has landed — with a lot of pizzas: Eagle Boys Pizza in Brisbane, Australia is donating 6,000 free pizza vouchers to the Salvation Army in December. He has been a director of several franchise systems including Brumby's Bakeries and Burger Urge, founded Crusty Devil Bakehouses, and is a well-known speaker on the business circuit. And someone said to me “why?” and I said, well you just open them all up in one town so people know who you were. I mean it’s a very difficult business being a franchisor in Australia. So, what’s happened to Eagle Boys since you left? No you won’t, the king of franchising won’t franchise. You see a lot of those guys are sitting there saying let’s pump the share price, they’re saying let’s create a great sporting business. I agree with the pepporoni warning. I’ve got to say the time that I’ve spent on the AFL Commission has been really good, we’ve seen some great results. It’s like in media the difference between a subscription paid model and a free model or an advertising model. Hell Pizza - The best damned pizza in this life or the next. 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