Mr Potato Newtown - Franchise - 1.5M+ in sales

6 days ago

Private Seller

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Summary

Thriving fast-casual restaurant with a healthy loaded baked potato menu Offers vegan, vegetarian, and 100% gluten-free options Loyal customer base and strong brand recognition

Royalties

8% of gross

Rent

$9,274 pm

Marketing Fees

0% of gross

Location Details

159 King Street
The Mr Potato Newtown location is situated in a prime spot, strategically positioned next to popular retailers Guzman y Gomez and El Jannah, attracting both heavy foot traffic and vehicle traffic, including seamless collection for online orders.

About the Opportunity

Mr Potato Newtown presents a fantastic investment opportunity, offering a high-performing location that has already been trading successfully for 18 months. With a loyal customer base, a prime spot near popular retailers, and strong brand recognition, this store is well-established and primed for continued growth. Owning a franchise at this location means stepping into a proven, thriving business with ongoing support from Mr Potato HQ, including marketing and operational training. It’s a great chance to own a profitable fast-casual restaurant in a prime, high-traffic area.

Marketing support

Franchisees receive comprehensive marketing support, including national marketing campaigns that drive brand awareness and foot traffic. We assist with promotional strategies, digital marketing, and tailored local initiatives to boost your business.
Franchisees benefit from strong online visibility through Mr Potato's established social media presence, including engaging content and updates on Instagram. Feel free to check out our Instagram to see the vibrant community and marketing efforts we share: @mrpotatoaus

Training provided

At Mr Potato, we provide comprehensive training to ensure franchisees are fully equipped for success. Our team at HQ will guide you through every step of the process, offering hands-on training until you feel confident in all aspects of the business. We believe in empowering our franchisees, so we ideally encourage you to continue working in the store for up to 6 months. This immersive experience allows you to fully understand the operations, refine your skills, and set yourself up for long-term success.

Skills

At Mr Potato, we don’t necessarily require prior experience in fast food, although it can be helpful. What we are looking for are energetic, strategic partners who are eager to learn and passionate about building a successful business. We seek individuals with strong leadership, customer service, and organisational skills, who can help continue building the Mr Potato brand while growing their own success.

Length of Agreement

Our franchise agreements are for 7 years, with an additional 7-year option to renew, subject to approval. The lease for this location still has 7 years remaining, plus a 7-year option to renew.

Year Business Established

2018

Year Franchising Commenced

2020

Site locations

15

History

Jess Davis, a former model, and Tyson Hoffmann, a professional basketball player, founded Mr Potato with a mission to transform fast food in Australia and eliminate the negative stigma around potatoes. Combining their health-conscious backgrounds, they created a fast, fresh, and affordable option for busy lifestyles. In just one year, their concept grew from an idea to a thriving business. Today, Mr Potato has expanded across Australia, loved by thousands of customers for its nutritious, convenient meals.

Awards

Mr Potato has won numerous awards. Most recently, their Highpoint location was named Best Takeaway Restaurant in the Maribyrnong region. Tyson and Jess have also been finalists for the Young Entrepreneur of the Year Award three times.

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