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Food & Beverage3 min read

Grown: Grown: The Fast-Food Chain That Bet on Plant-Based Too Early

Grown was an Australian plant-based fast-food chain that expanded too quickly. It collapsed in 2020, having opened too many stores before proving the concept.

2024-02-253 min readSydney, Australia

Grown launched in Australia in 2016 as a 100% plant-based fast-food chain. The concept was ahead of its time: burgers, wraps, and bowls made entirely from plants, served in a format familiar to fast-food customers. Early locations performed well and attracted significant media attention.

Company Data

  • Founded: 2016 — Australia
  • Failed: 2020

The company expanded too quickly, opening multiple locations across Australian cities before the brand had sufficient recognition or the unit economics of each store were proven. Plant-based eating was still niche in Australia. When COVID-19 hit, the thin margins and high fixed costs of physical restaurants proved fatal. All locations closed.

Key Lesson

Physical retail expansion should follow demand, not precede it. Prove that one location works before opening five. Trendy concepts don't guarantee sustainable businesses.

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Failure Reasons

  1. Expanded too quickly before proving unit economics
  2. Plant-based market still niche in Australia
  3. High fixed costs of physical locations
  4. COVID-19 was the final blow

Key Lesson

Never open a second location until the first one is sustainably profitable.

Company Quick Facts

Founded
2016
Failed
2020
Funding Raised
~A$5M
Headquarters
Sydney
Country
Australia
Industry
Food & Beverage / Fast Casual
Employees
~80
Australiaplant-basedretailexpansion
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