Outback Jacks Bar & Grill, the franchise steakhouse chain, has signed an agreement to acquire the five Lone Star outlets across Sydney over the next 12 months.
Colby Smith, general manager of operations, told Franchising "Outback Jacks is expanding across Sydney by taking over all of the remaining Lone Star stores, such as Blacktown, Chullora, Warwick Farm, Tuggerah & Glendale. The sites will remain operating as Lone Star until OBJ's secures a franchisee where we will then completely re-badge both the interior and exterior of the stores as Outback Jacks."
Smith believes this is a great opportunity for Outback Jacks to expand into the Sydney market.
The franchise network's growth has been concentrated on Queensland (now with eight operating stores with the 9th store opening 20th April and 10th by next month), South Australia with two stores operating and now fitting out a third and Western Australia, which has three stores trading.
"When we take over these five locations that will bring us to 25 stores Australia wide in just four years. By taking over these locations we can see how they are currently trading and can see the potential and the success that Outback Jacks will have in these sites.
"We expect Sydney to be one of our stongest and most successful states," added Smith.
Prospective franchisees can expect to pay from $600,000 for one of these turn key franchise opportunities.