The advent of pizza delivery in Adelaide effectively put an end to the dine-in Pizza Hutt family restaurant. For the best pricing order online today. So, what’s happened to Eagle Boys since you left? I’d only just sold the company about six months before and it was pretty much sitting in the bank. Mildura store owner Andrew Kynaston had driven four-and-a-half hours to Adelaide for an … 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? A good example is the sandwich chain that opened up in opposition with Subway a couple of years ago – Wendy’s brought them in from America – and they opened up a couple in Adelaide, a couple in the Gold Coast, a couple in Brisbane and they all went broke. We decided to go the other way. I’ll give you an example. The pizza box came with a photo of the eagle himself, who the seller speculates "may still be alive in Christchurch". Just fill out the fields below and we'll send your friend a link to this article along with a message from you. Professional public speaker? We need to improve the model, we need to reinvest. privately owned pizza company and effectively retire at 43. I don’t think so, I’m not hearing that yet. Eagle Boys Pizza's second Mad Minutes online campaign is a success, breaking records for the chain and better than expected results. Deprived of capital, Eagle Boys collapsed in 2016 and was bought by Pizza Hut Australia, which was acquired by private equity firm Allegro in 2017. Thin crusts sit too heavily and hurt too much. 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… I seriously, legally, can’t tell you. IN LATE 2010, pizza chain Eagle Boys was in dire straits. Particularly in Queensland. The people are very friendly and the pizzas great. ther reason being is that pizza hut, dom, crust, eagle boys use budget cheese(its yellow, comes sliced and has no aroma) and packaged tomato paste to make their pizza. I mean, it was bad and then it got a bit better through the recession. 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. I find this curious - the first time I tried to purge pizza, it just would NOT come, and I choked several times trying. Hell Pizza - The best damned pizza in this life or the next. You’ll also receive special offers from our partners. The move will see Eagle Boys operate 270 stores across Australia and see the company enter … You can opt-out at any time. At its peak Eagle Boys was the nation's second biggest pizza chain with 340 Australian stores. But look there are some great businesses out there whether they are Muffin Break or whatever it is. They probably took a year hovering around and doing their due diligence. So I really thumped my hand on the table and said come on guys let’s get a strategy in place. The lame duck president plans a party for himself on Inauguration Day; Mike Pompeo is scrambling to secure his political future. About 13 company-owned Eagle Boys … Jessica Shapiro. I packed up and took off overseas for nearly a year so I didn’t do any wild investing. "Eighty to 90 per cent of all franchises in Australia are quite well run and ethically managed but 10 to 12 per cent stink – those of us in the industry know which ones are run by stinkers," he said. Today we talk to Tom Potter, the founder of Eagle Boys Pizza franchise chain. Not only is Hawaiian pizza not actually from Hawaii, it's not even from the United States. Pizza delivery outlets were renamed Pizza Hutt Delivery. I’ve been on boards of various private and public companies and I find it to be extremely difficult to penetrate through to management. I mean the Queensland coffee I have to say Tom needs improvement. It’s like in media the difference between a subscription paid model and a free model or an advertising model. You can browse through the complete EagleBoysPizza menu comprising … Tom Potter says drive-through outlets could help turn around Gloria Jean's. The founder of Eagle Boys Pizza isn't content to roost just in Australia. Doughy things are (for me) super easy to purge. Call us on 13 14 33 or order online at www.eagleboys.com.au I didn’t have too much out there actually. Most of these little hot bread shops do eight and 10 grand a week and the product’s not great, so let’s build bakeries that do $30,000 and $40,000 a week. And it was just one of those things where you go, turn up, do your job, get paid. The advent of pizza delivery in Adelaide effectively put an end to the dine-in Pizza Hutt family restaurant. I’ve been to Adelaide, there’s a couple over there that do very well, there’s certainly some great bakeries in Melbourne. Check out our new website. And as soon as we started building drive throughs at Eagle Boys, we had a massive response. If we’re not in drive through, we’re not in business. It was not like I was desperate to get out or anything like that. I spent years studying in the US and I reckon half the yanks are successful despite themselves, I really do. The Eagle Boys Pizza chain bought out Pizza Haven in July 2008. And so are we seeing more people doing the buying a themselves a job? The Mobile Application is easy to operate and ensures quick ordering and delivery of a pizza. I’ve got a few mates down south that have just made small fortunes out of them and done very well and I looked at the industry but decided to stay away from it based on the fact that it’s a night business and I really didn’t want to run another night business. Are you advising people on growing franchises at the moment, is that also what you’re doing? They’ve gone into a gourmet market. Australia's third largest pizza chain Eagle Boys has collapsed into voluntary administration after struggling to pay debts, but insists it is 'business as usual' until the outcome of a review. Copyright © 2020 Private Media Pty Ltd. Publishers of SmartCompany. I tell you Queensland is really years behind a lot of the other states. (Supplied: Tom Potter) Eagle Boys has 114 stores and less than 10 per cent of the $3.7 billion pizza market while Pizza Hut has 270 stores or about 20 to 25 per cent. Okay so you’re set on the future. The special curations include the Paneer Makhni Pizza, Chicken Pepperoni Pizza, Schezwan Chicken Pizza, Smoked Chicken Pizza along with delicious Chicken & Mutton Burgers! Took me ages before I could have pizza again, but I find that the best type is doughy pizzas. And I’ve got to say that probably the last five months since we’ve been building this, I’m having fun again. Pizza Place. Mr Potter said RFG had been run in the past like a Ponzi scheme, buying businesses to prop up sales and sell products to franchisees at inflated prices. No, not really. Adelaide-based fashion retailer Australian Fashion Labels has collapsed into voluntary administration, putting 57 jobs at risk. 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. The information memorandum says on a normalised basis, EBITDA … Why we went into the drive throughs, how we invented the two minute pizza, all that kind of stuff. Well they say it usually takes a little bit longer to get bored and start the next big thing. Not only is Hawaiian pizza not actually from Hawaii, it's not even from the United States. What are the other mistakes that you see the franchises making and how has the market changed for franchising in the last year? July 14, 2002. Follow updates here. What are the other opportunities in the retail and franchising sector? I mean, Baker’s Delight have come from nothing and tripled the size of where we are. So what is the issue there, you want to have a more hands on role? no meat but imho pizza is abt the quality of the ingredients, the best sauce and the perfect base with a good cheese. Tom Potter is one of the best-known names in the Australian franchise sector. "The build of the Pizza Pies follows a new process in our stores and our operations team worked closely with our franchisees and store staff to get them trained up and excited. I had two years off and in that two years I sort of had a year where I just did nothing and travelled and then went back out and got stuck into the public speaking circuit. Having sampled pizzas from other local outlets I always come back to --- and now stay with --- Eagle Boys Pizza. Mr Potter said he had looked at RFG's share register with a view to making a takeover offer but his financial backers, who he declined to name, did not want to go hostile. I agree with the pepporoni warning. The information memorandum says on a normalised basis, EBITDA … Eagle Boys Pizza, Beerwah: See 15 unbiased reviews of Eagle Boys Pizza, rated 3 of 5 on Tripadvisor and ranked #22 of 25 restaurants in Beerwah. The first Eagle Boys Pizza opened in Albury, New South Wales. No I’d actually have 100 grand on you that I won’t. Australian pizza maker Eagle Boys Pizza has bolstered its national expansion drive with the purchase of Pizza Haven Australia, the nation’s fourth largest pizza chain. How old are you now? Help using this website - Accessibility statement, RFG lost $111 million in the December half. He ruled out buying individual brands such as Donut King or Crust. I can go online to order my own creation and it is always ready at the time ordered for pickup. Level 6, 22 William St, Tom Potter in his days at Eagle Boys Dial-A-Pizza. The pizza box came with a photo of the eagle himself, who the seller speculates "may still be alive in Christchurch". Eagle Boys founder Tom Potter began the company when he was 23. They’ve definitely got a longer term strategy. Eagle Boys advertised their products as semi-gourmet pizzas that quite unique to the larger chains, yet cheaper due to the high production output. So we’re probably doing two and a half times what the average bakery does in Queensland already. Just one of those “if we build it, they will come” approaches. His last attempt to contact the company was a month ago, shortly before RFG revealed the proposed sale of two key assets – Donut King and its quick service restaurant business, which owns Crust Gourmet Pizza and Pizza Capers – had fallen through. Is there any way that you can vet before you take on a board position and see if you can make a difference? But it was more about making a decision as to what I want to do for the next probably five years. 138 were here. No you won’t, the king of franchising won’t franchise. "We couldn't get hold of anybody.". It's Eagle Boys time! Business news, information and ideas, free in your inbox daily. Domino's … Having sampled pizzas from other local outlets I always come back to --- and now stay with --- Eagle Boys Pizza. Too many times smaller franchise companies are running out of cash, they haven’t got good advice, they don’t have a good site selection criteria, they don’t understand mass marketing and how important it is. In March 1989, Pizza Hut, which was part of PepsiCo Australia, bought out Dial-a-Dino’s and abolished its brand. But when Mr Potter knocked on the door of fast food franchisor Retail Food Group last year, offering to buy the entire business, they wouldn't let him in. Robert Rough, "We've put a lot of thought into it but we can't get through the door," Mr Potter said. Look I haven’t been close enough to it for the last two years to really know. And are you having good coffee in there? Tell us about what you learnt from the drive throughs and how that’s being adapted to your latest venture which we’ll go into in a minute. Eagle Boys Pizzeria & Cafe. They’ve pretty much watered down the two minute pizza so that hasn’t become a guaranteed item any more. And basically once that came along it was like, okay let’s do it and move on. Tom started the chain in 1987, grew it to 200 stores with an annual turnover of more than $100 million, sold it and now he is up so something new. I reckon we can build probably four to six of these and do a turnover of up to $50,000 a week out of them and put some good systems in place and give some great service from both ends. Mr Potter fears the company will fall into administration, a move that could trigger the collapse of more than 1000 RFG franchisees if landlords use the event to terminate leases. Is the government hiding the report into Australia Post’s gifting of Cartier watches? Eagle Boys advertised their products as semi-gourmet pizzas that quite unique to the larger chains, yet cheaper due to the high production output. 54 likes. It was opening as many stores as it was closing. Well did it, did you invest in property and shares? We’re actually bringing in our coffee up from Sydney. Check out our new website. an insolvency expert who took over day-to-day running last December, a parliamentary inquiry report into franchising. You’ve started your own new venture, tell us about that. Today we talk to Tom Potter, the founder of Eagle Boys Pizza franchise chain. Allegro was an underbidder for RFG's pizza businesses. 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. All Rights Reserved. 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. 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. Date of visit: July 2015. So since you’ve left the jury is out on how they’re travelling? So it’s a turkey shoot and sometimes I achieve a lot. you dont need 10 toppings to make a good pizza. 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. So you’ve now decided to get back, roll your sleeves up and get your hands dirty, what are you doing? They’ve expanded the menu dramatically into various items. If you were to go out to a bookstore tomorrow and say “give me a book on an Australian franchise company”, you wouldn’t find one. They’ve got good people, they understand business, they understand the sport. Eagle Boys has 114 stores and less than 10 per cent of the $3.7 billion pizza market and Pizza Hut has 270 stores or about 20 to 25 per cent. One of the reasons I sold was because the company needed more capital to take it to the next level and that’s why a venture capital group came in and said okay here’s some cash, let’s have a non-dividend policy for the next five years and grow it faster and harder. When you look back what can you really advise other franchises about? I mean you’ve got a really good nose for opportunities. Eagle Boys has been reported in the media today as having placed videos on YouTube indicating that Dominos large pizzas are smaller than those of Eagle Boys. What did you want to write the book for? Come on, tell us the figure. Australian pizza maker Eagle Boys Pizza has bolstered its national expansion drive with the purchase of Pizza Haven Australia, the nation’s fourth largest pizza chain. So what’s next? I mean it’s a very difficult business being a franchisor in Australia. Is it easier in other places because of bigger populations or what’s the difference? On a fateful day in early-2017, Ashleigh and Jaine decided to answer the question: ‘What does the circular economy look like in practice?’. However, emails sent to RFG show Mr Potter asked to speak to Mr George on March 4. The business then grew to become a So what did you sell it for? 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. That is something I don’t like to talk about… BRW said I was worth about $17 million about four or five years ago. 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. We’ve found that people were a lot more careful about what they were doing but on the other hand you had people wanting to buy themselves a job because they’d been made redundant and they were also usually not ideal franchisees either. Sixteen Aussie entrepreneurs reveal their top focus for 2021, eBook Preview: The biggest small business trends and challenges of 2020, Bitcoin is trading at an all-time high. So what would you be worth now? Right okay let’s go and build half a dozen bakeries, put in some good people, make sure it’s managed well, great cashflow business and have some fun. I think so, yes. No, a bit boring. I say this to a lot of people; if you’ve got four burger shops that are really doing well, great. They’re different businesses. I haven’t actually got a lot of intention to expand outside of Queensland. 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After putting together funding for an offer, Mr Potter says he attempted to contact former RFG chairman Colin Archer, former chief executive Richard Hinson, former director Stephen Lonie and, finally, chief financial officer Peter McGettigan in an attempt to reach executive chairman Peter George. Date … So that side of things is certainly happening. So what do you expect revenue wise, are you $8-10 million and you’re set? So, the Eagle Boys tweaked the process of making the pies to make sure they can deliver the Pizza Pies within the similar time frames their customers are used to. Hi Tom. We were probably opening up 25 to 30 stores a year when I was there. And in the most cases there isn’t a hidden agenda. The Eagle Boys Pizza chain bought out Pizza Haven in July 2008. If you want to go into franchising, it’s like the difference between being a motor mechanic and a gynecologist. I mean I could sit back on my arse and just live off my investments but it’s just really not invigorating. At its peak Eagle Boys was the nation's second biggest pizza chain with 340 Australian stores. I mean the mob that we ended up selling to took a long time. A reporter from the U.S. is on the phone and digging for information about his 150-store company, Eagle Boys Pizza. Global deaths from COVID-19 are expected to top 100,000 per week very soon, the World Health Organisation says. They’ve got a good mix of the right people to get the job done. I want to build four or five bakeries, turn over $8-10 million a year and live happily ever after. 2020 was a year like nothing else for AGMs with some positive developments driven by an urgent unanticipated need for a new approach. July 14, 2002. I’m still a speaker, I still probably do 100 a year but that’s jump on a plane, go to Sydney in the morning, fly home in the afternoon kind of stuff. The move will see Eagle Boys operate 270 stores across Australia and see the company enter the Sydney and … Adelaide-based Australian Fashion Labels collapses into voluntary administration, How these two entrepreneurs led Australia’s transition into the circular economy. SmartCompany Did those things bore you? Pizza delivery outlets were renamed Pizza Hutt Delivery. or Subscribe to save article Tom Potter is one of the best-known names in the Australian franchise sector. If you hadn’t chosen this one, what else is tempting? Very interesting. Mr Potter has questioned the company's reluctance to engage with him, given RFG's dire circumstances. I wasn’t in a huge hurry to run out the door, the company was doing well, it was making plenty of money. ‎Welcome to the official EagleBoysPizza Mobile ordering application, powered by Appcare. He believes Donut King, Gloria Jean's, Brumby's Bakeries and Crust can be restored to health, but Michel's Patisserie needs a complete revamp and possible name change. The people are very friendly and the pizzas great. One of the videos also implies that the Dominos delivery driver’s penises are small.. Firstly, Dominos pizzas taste much better than Eagle Boys. It is one hundred per cent Australian owned and operated and delivers pizzas to hungry families across Australia - from metropolitan inner city areas to small remote towns. The founder of Eagle Boys Pizza isn't content to roost just in Australia. This successful idea caught on, and the first store in Albury was quickly creating a generous profit. But just on that. 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. They’re certainly opening up a lot of stores. The decision had been made probably a year and a half before. They are. RFG's advisers also said they hadn't been contacted. Now his sites are set on new nests in Southeast Asia. At the age of 23 he founded Eagle Boys Pizza and over the next 20 years turned it … We’ve been open six weeks and last week we did 3,600 customers for the week. Eagle Boys. Turns out, Prime Minister Scott Morrison's attack on former Australia Post CEO Christine Holgate might have been a bit overblown. "Eagle Boys Express at Sydney Airport’s T1 features our new range of EB Rolls including a fully loaded kransky hot dog. Working at Eagle Boys Pizza was overall a somewhat rewarding experience as it was my first job. The stores will also get a new update with new uniforms, pizza boxes, menu, website and community assistance program, the Eagle Boys Happiness Fund. Value. In March 1989, Pizza Hut, which was part of PepsiCo Australia, bought out Dial-a-Dino’s and abolished its brand. 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