NASSAU, BAHAMAS – Marcos Pizza (Bahamas) has expanded its footprint with the opening of its seventh location in New Providence, with franchise holder Aetos Holdings investing approximately $2.5 million in the redevelopment and creating about 70 jobs.
The newest restaurant is located across from the University of the Bahamas on a site formerly occupied by Wendy’s, and forms part of a broader redevelopment that includes nearby Wendy’s and Popeyes outlets.
Christopher Tsavousis, chairman and CEO of Aetos Holdings, said the company continues to invest in the Bahamian market while focusing on operational execution and customer service.
“We spent approximately two and a half million dollars to do this location,” Tsavousis said. “Beyond the construction and everything else, we have about 70 new employees.”
He described the outlet as distinct from other locations, both in design and customer experience.
“This is a really beautiful store, completely unique in its design,” he said. “It’s got a very sort of New York pizzeria feel to it, and it’s one of the prettiest and nicest Marco’s from an interior perspective.”
The opening marks the seventh Marco’s Pizza location for the franchise in the Bahamas, as the brand continues to expand alongside Aetos Holdings’ broader portfolio of international food brands.
Tsavousis said the company deliberately positioned the restaurant within a cluster of its other brands to maximize traffic and convenience.
“We always thought that the three together would do quite well,” he said, referring to the proximity of Wendy’s and Popeyes. “We’ve seen that with the other two, and we’re looking forward to offering pizza as well in this location.”
While the company remains open to further expansion, Tsavousis said the immediate priority is ensuring smooth operations at the new site.
“Our real focus right now is to make sure this opens flawlessly,” he said. “We’re refocusing all of our efforts on our customer service and getting it right.”
Tsavousis noted that growth in the population as well as the country’s tourism sector supports ongoing expansion opportunities within the food industry. However, he emphasized that success in the market is less about saturation and more about execution.
“The more important thing is the opportunity for excellence,” Tsavousis said. “Really executing and delivering value and being relevant to our consumer — that’s the opportunity.”
When asked about possible expansion into the family islands Tsavousis said:“That’s a question of whether that store would be self-sustaining,” Tsavousis said. “If it made economic sense and we felt that there was a real need for it, it’s something we may consider, but there are no immediate plans right now.”
