Marco's Pizza opens first store in Freeport


Terry Tsavoussis


Tribune Business Reporter


MARCO’S Pizza (Bahamas) will create 55 new jobs when it opens its first store in Freeport early next week, the franchise’s operator revealing that as many as eight stores are envisaged for The Bahamas.

Terry Tsavoussis, vice-president of Aetos Holdings, the company he heads with his brother Chris, which operates the Wendy’s and Marco’s Pizza franchise in The Bahamas, told Tribune Business that while the company’s franchise agreement had initially called for six stores, he envisioned eight in total. Mr Tsavoussis said a fourth store in New Providence is already “on the books” for the first quarter of 2014.

Speaking on the opening of the company’s first Freeport store Mr Tsavoussis said: “We interviewed 150 people for jobs at that location which was interesting and we ultimately hired 55 persons which includes management and crew. We have good history in Freeport with Wendy’s. We know that the economy has been doing well there in the food business, provided you execute, you do well there. This store is actually very long overdue. We struggled to find the right location. I would have opened a year ago if I could have but we had to find the right location which we finally got which is right near Port Lucaya. We’re very pleased, we know it’s going to be very successful but again you have to execute. We have to offer a great product, great service and execute.”

Mr Tsavoussis said the company planned to open three more stores in New Providence.

“We have no plans to open another in Freeport, one will suffice for the time being. We will revisit that in a year to see if there will be a need for a second location,” said Mr Tsavoussis.

He added: “We are going to open at least three more stores in Nassau. Again it’s all about location. We do have one on the books to open early in the first quarter of next year. Next year we will probably open two in total and one to two in the following year. I envision about 8 stores in The Bahamas, seven in Nassau and one in Freeport. We were actually committed to six in our development agreement because you have to commit when you sign those agreements with a franchisor and our agreement was for six stores over a period of some seven years; we’re four stores now and it’s only been three years so were well ahead of our schedule.”

Marco’s Pizza (Bahamas) employs approximately 275 persons.


banker 10 years, 3 months ago

I gatta say, the best pizza in the Bahamas, at the best price. There is no difference between the pizzas from Prince Arthur and Soldier Road.


david2323 10 years, 3 months ago

I hope you win-- Many have lost investing in the Bahamas!


karrie 8 years, 6 months ago

That's what it means to have a business man spirit inside you. So many young entrepreneurs would have so much to learn from Terry. It's amazing to see how some people find the strength and the courage to handle business in such a natural way. http://www.mcssl.com/store/traceypack...">TPISupply.com is just another success story that could be inspiring to hundreds of other business people. Doing business is so empowering!


isabella 8 years, 5 months ago

It is definitely a grand news that so many new jobs are going to be created here. However, now pizza stores are becoming popular because of the high demand for sumptuous pizzas. You can also order your pizza online, not just that but if you love to cook then you can also buy your supplies, utensils online including knives which you can find at http://www.knifeworks.com/">http://www.knifeworks.com/.


leonardo85 8 years, 5 months ago

If they keep on opening more stores then it would certainly bring positive financial changes to the region. However, these days the online stores are enjoying more popularity among the shoppers. One can find diverse range of items online now, if you need quality toolboxes then you can find these items at http://www.elitetoolboxes.com/">http://www.elitetoolboxes.com/.


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