TL;DR
Gyro Shack announces plans to expand into Colorado after a recent acquisition by serial entrepreneurs Mark Urness and Matt Jeffries. The acquisition is expected to infuse the brand with financial strength and operational know-how.
Catapulting the concept’s growth is a recent acquisition that is infusing Gyro Shack with financial strength, operational know how and proven leadership.
Serial entrepreneurs Mark Urness and Matt Jeffries, now owners of the franchise, have positioned the brand for large-scale growth.
“When Mark and I evaluate businesses to invest in, we look for a concept with a solid foundation and strong bones, and for restaurants, of course we have to love the food too,” said Jeffries, who has restaurant operations experience dating back more than 20 years. “We are excited about our recent investment and can’t wait to help bring Gyro Shack to Colorado.”
Urness and Jeffries acquired Gyro Shack after successfully running multiple franchise locations as one of the brand’s first multi-unit franchisees and have built several businesses together over the past decade, including MyBullfrog.com which merged with Go Wireless in 2015, a retail store and service center with 700-plus units.
Gyro Shack has earned a true fan following, redefining the standards of high-quality, Chicago-style Greek gyros, served fast and made-to-order.
In this story
This story was originally published in Franchising.com on March 23, 2021. Burnaze summarizes and links to the original reporting.
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