Soul Origin to Double Store Network to 400 Locations over 10 Years

In this article (9)
Fast-casual chain Soul Origin plans to more than double its store network to approximately 400 locations globally over the next 10 years.
The company, which marks its 15th anniversary this year, has grown into a network of 178 locations with around 22 million customer visits each year. Opening 15 to 20 stores annually across Australia, New Zealand and additional international markets will drive the expansion.
Shifting Out of the Food Court
Alongside continued growth in shopping centres, Soul Origin will add more regional, drive-through, airport, hospital, university and service-centre locations. Six new stores are scheduled to open before Christmas, including a new company-owned flagship at Sydney International Airport.
Highway retailing forms a central pillar of the push. Soul Origin operates a hybrid service-centre format in partnership with fuel retailer Ampol, with two additional co-located sites scheduled to open before the end of the year. The business is scouting further roadside and regional plots across New South Wales, Queensland and Victoria.
Trans-Tasman Growth and Extended Trading
New Zealand represents the immediate cross-border priority. The company currently runs four stores across the country and has mapped out approximately 10 additional openings there over the next two years.
“Current chief financial officer George Gebran will step into the chief executive role on October 1 to manage the operational expansion.”
Longer operating hours in roadside and transit hubs require a wider menu. Kitchens across the network are rolling out hot dinner items, matcha drinks and expanded iced beverage selections. Soul Origin is also taking side dishes and add-ons first tested in its drive-through prototypes and adding them to traditional metro counters.
Franchise Pressures and Highway Formats
Transitioning from enclosed shopping mall food courts into roadside and transit locations alters the underlying store economics. Food court units rely on captive foot traffic with heavy daytime peaks, whereas highway service centres and airport terminals demand split-shift staffing, higher capital expenditure for kitchen fit-outs and steady evening volume to recover rent.
Competing quick-service operators across Australia and the wider region have pursued identical fuel-convenience partnerships to escape rising mall occupancy costs. For Soul Origin, sustaining average transaction values during afternoon and dinner trading will determine whether these extended-hour formats generate acceptable returns for franchise partners.
Management Transition at Fifteen Years
The expansion plan arrives as the company marks 15 years since its founding as a single family-run food outlet. Current chief financial officer George Gebran will step into the chief executive role on October 1 to manage the operational expansion.
Co-founder and current managing director Hao Quach will step down from day-to-day management on the same date. Quach will remain with the business to focus on long-term strategy, market entry and corporate development.
Network development will center on the delivery of the six pre-Christmas openings, the performance of the new Sydney Airport terminal site, and the execution of the 10-store pipeline planned for New Zealand through 2028.
Questions & Answers
Q.What is the expected growth rate per year to achieve the target of 400 locations?
What is the expected growth rate per year to achieve the target of 400 locations?
The company plans to open 15 to 20 stores annually across Australia, New Zealand, and other international markets to reach its network goal.
Q.What types of new locations will Soul Origin be expanding into beyond shopping centres?
What types of new locations will Soul Origin be expanding into beyond shopping centres?
The expansion includes regional, drive-through, airport, hospital, university, and service-centre locations, with highway retailing being a central focus.
Q.What change is happening in the company's leadership team as the expansion plan begins?
What change is happening in the company's leadership team as the expansion plan begins?
Current CFO George Gebran will become CEO, while co-founder Hao Quach will step down from day-to-day management to focus on strategy and market entry.
Reader pulse
Soul Origin's expansion strategy?
22,742 votes so far