El Jannah Founders List $11M Sydney Estate for Sale
Andre and Carole Estephan, the successful co-founders of the Lebanese chicken chain El Jannah, have placed their luxurious estate in Dural, Sydney, on the market. The property is estimated to sell for approximately $11 million, though the listing agent has chosen not to comment on the specifics. This substantial estate showcases how lucrative their investment in the culinary industry has been.
Details of the Estephans’ Dural Estate
The six-bedroom, eight-bathroom home, which the Estephans purchased in 2014 for $4.6 million, features remarkable amenities. Key highlights of the estate include:
- A marble entrance foyer
- Formal and informal living zones
- An office and a library
- A make-up studio and cinema
- A billiard room, wine cellar, and gym
- A Mediterranean-style cabana
- Outdoor pool and a giant chess set
The property spans 2.11 hectares and has been updated over the years to maintain its luxurious appeal. Specific features include coffered ceilings, a sleek white marble kitchen, and expansive entertainment spaces with mountain views.
Growth of El Jannah
The Estephans launched their first El Jannah store in Granville, western Sydney, in 1998. By 2020, they successfully expanded to five locations throughout western Sydney. Recently, they attracted a significant investment from General Atlantic, a US asset manager that oversees approximately $180 billion. This partnership aims to boost the brand’s expansion from 200 to 500 restaurants within eight years, extending into Queensland, South Australia, and Western Australia.
Despite the change in ownership dynamics, the Estephans continue to be actively involved in the business alongside CEO Brett Houldin and General Atlantic, showcasing their enduring commitment to their culinary vision.
The Estephans’ Vision
Reflecting on their journey, Andre Estephan expressed the couple’s desire to share the flavors and hospitality of their Lebanese heritage. Their story is one of ambition and a deep-rooted connection to their culture, a dream that began over two decades ago with their first restaurant.
