SIGN COMPANY TARGETS TACO BELL DEAL

Written on the 7 July 2010

SIGN COMPANY TARGETS TACO BELL DEAL

A BRISBANE sign company is on the hunt for a $4 million deal with US restaurant chain Taco Bell, as the Mexican-style franchise plans to overhaul its menus nationally.

Signmanager director Dan McHugh says a recent foray into the US market has brought $1 million in sales this financial year, with clients also including Starbucks Coffee and casual dining chain Ruby Tuesday.

“How it works is that if one of the stores needs help with signs they call us, we have a database on hand with sign companies in the area, we find out who is the closest, we check their public liability insurance and request someone on site within 24 hours,” he says.

“We’re very much expecting growth this year, looking at a job with Taco Bell who are changing all their menus, which would be a 12 month job worth between $3.5 million and $4 million.

“The change bit is the hardest for them, they have to feel comfortable with us and they might roll the dice and decide to do things the traditional way, but even if we do a part of that roll out it will be significant for us.”

Signmanager currently has a list of 20 US customers it is targeting in FY11, while for the total business McHugh expects to record $18million revenue for FY10.

With local clients including Australia Post, Fosters, Pizza Hut, Nestle and Suncorp, McHugh says the US is more than a decade behind when it comes to sign management.

“It’s very old school the way they do it and even though they proclaim themselves as forerunners in business, in our industry they’re probably 10 to 15 years behind, but it’s starting to change.”


Latest News

CROWN EMPLOYEES CONVICTED, JASON O'CONNOR TO SPEND 10 MONTHS IN JAIL

CROWN Resorts (ASX: CWN) employees who were arrested in October last year on suspicion of gambling offences have b...

QUICK TURNAROUND FOR $20 MILLION OFFICE IN MELBOURNE OUTER-EAST

AN office building in Melbourne's outer eastern suburb of Mount Waverley has sold for $20.5 million just two year...

METCASH NET PROFIT FALLS 20 PER CENT, ANNOUNCES CEO WILL STEP DOWN IN 2018

FOOD and grocery giant Metcash has announced its full year net profit has fallen more than 20 per cent and its CEO Ia...

SHARE PRICE PLUNGE FOR RETIREMENT VILLAGE OPERATOR AHEAD OF FOUR CORNERS INVESTIGATION

A RETIREMENT village operator which has been accused of charging excessive fees through complex contracts has respond...

Related News

METCASH NET PROFIT FALLS 20 PER CENT, ANNOUNCES CEO WILL STEP DOWN IN 2018

FOOD and grocery giant Metcash has announced its full year net profit has fallen more than 20 per cent and its CEO Ia...

SHARE PRICE PLUNGE FOR RETIREMENT VILLAGE OPERATOR AHEAD OF FOUR CORNERS INVESTIGATION

A RETIREMENT village operator which has been accused of charging excessive fees through complex contracts has respond...

CHINESE TECH FIRM LOOKS TO AUSTRALIA FOR 'CUTTING EDGE' IDEAS

CHINESE ed-tech company Retech Technologies (ASX: RTE) has listed on the ASX after raising $17.9 million from its IPO...

COLLINS FOODS GOBBLES UP MORE AUSSIE KFC STORES

COLLINS Foods Limited (ASX: CKF) has purchased 28 KFC restaurants from Yum! Brands Inc for $110.2 million, adding fur...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter