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Nacho typical QSR: A look at the financials of Guzman Y Gomez

From burrito bowls to billion-dollar valuations, financial expert Jason Andrew takes a look at the financials behind Australia’s fastest-growing quick-service restaurant Guzman Y Gomez.
Jason Andrew
Jason Andrew
Guzman y Gomez ipo
Guzman y Gomez co-founder Steven Marks. Source: Supplied

I rarely had ‘takeaway’ food as a kid.

For us, it was a luxury.

You see, a cornerstone of Chinese migrant culture is refusing to eat out because “we have food at home”.

Meme that says "Can we get McDonalds? Mom: We have food at home. Food at home: Picture of two apples that look like a burger and fries
Anyway, fast forward to 2024, and it’s not uncommon for my young family to indulge in fast food.

Our go-to? Guzman Y Gomez, or “Guzzies” as my two-year-old so eloquently puts it.

He friggin’ loves the stuff. In fact, we all do.

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