What does the Tulla Group deal with Sumo Salad mean for the business?

In this Q&A with Luke Baylis, MD Sumo Salad we find out what the Tulla deal means for Sumo Salad.

QSR Media: Why the deal with the Tulla Group?
Luke: The Tulla group are extremely experienced strategic investors with an amazing track record of success in high growth markets.

QSR Media: What will the Tulla Group bring to Sumo Salad?
Luke: Tulla bring a great board structure and input into the business while letting the management team focus on running the business. Tulla have the sole objective of growing their investment and will provide the support and capital to achieve this without changing the vision or direction of the company.

QSR Media: What's the outlook for Sumo Salad?
Luke: SumoSalad is in a very healthy position (pardon the pun). The business is well resourced with good capital base and a fantastic management team. Off the back of 2 years of double digit growth we will be reinvesting into our core business. Our outlook and objective is simply to be the worlds best healthy fast food business.

QSR Media: What is happening with your OS interests?
Luke: Sumo Salad’s primary focus is on developing the Australian business and building depth in existing international markets

QSR Media: You have an interest in Sabbaba, what's happening here?
Luke: Sabbaba is a very good business and we believe this could be developed into an iconic brand with the support of the existing founder and management team. Our focus is the development of the Sumo Salad business domestically.

QSR Media: What are your goals for 2013?
Luke: During FY13 we expect to achieve system revenue of $85m within Australia and increase our total store count to 120 outlets.