Banjo's Bakery Café is blending growth with tradition, expanding to 100 stores across Australia in the next three years. This Tasmania-rooted bakery is zeroing in on expansion hotspots like Queensland, Victoria, and New South Wales, with Western Australia on their radar for future endeavors. In FY24, they proudly added eight outlets to their existing 51, showcasing a commitment to community and quality.
Acting CEO, Bradley Saxby, passionately emphasizes that growth at Banjo's is about more than just numbers; it's about serving a growing community and nurturing franchise partnerships. The bakery achieved a remarkable 15.4 percent increase in network sales year-on-year, making it clear that tasty pastries are not the only thing on the rise, but also the taste for success. With a healthy COGS perched between 20 and 23 percent, they demonstrate that a profitable bakery can indeed prioritise quality.
And it’s not just your average bakery—Banjo's serves over 9 million customers per year, innovating constantly. From fresh daily bakes to exciting drive-thru formats and a new range of donuts, this establishment is far from stale. Saxby reminds us, "We’ve never compromised on quality," a mantra that appears to guide every decision as they mix dough and ambition.
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Banjo's Bakery Café Eyes 100‑Store Milestone with Doughnut Boom & Drive‑Thru Push
Tuesday 24th June, 2025
Gorilla Dash
Online Stores
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Tasmanian-founded café chain plans rapid national growth, leveraging innovation, regional expansion, and strong financial performance.
- Banjo's plans to grow to 100 stores in three years.
- Achieved a 15.4% sales increase year-on-year.
- Focus on community and maintaining quality during expansion.
Key Facts:
| Store Expansion Plan | Banjo’s Bakery Café aims to reach 100 stores across Australia in three years. |
|---|---|
| Sales Growth | The bakery experienced a 15.4% increase in year-on-year network sales. |
| Transaction Growth | 11.3% growth in total transactions was noted. |
| Current Store Count | The bakery currently has 51 stores after adding 8 in FY24. |
| Customer Base | Banjo’s serves over 9 million customers annually. |
| COGS Performance | The Cost of Goods Sold is reported between 20% and 23%. |
Disclaimer:
If any facts in our articles are incorrect or you would like an article removed please email us at news@gorilladash.com.
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