El Jannah Founders' Luxury Sydney Estate Hits Market at $11 Million
The expansive Sydney mansion belonging to the founders of the El Jannah charcoal chicken empire has been listed for sale with a reported price tag of $11 million. This marks the second attempt by owners Andre and Carole Estephan to sell their prestigious Dural property within two years, following an earlier listing in March 2024 that sought over $15 million.
A Property of Grand Proportions and Luxurious Amenities
Nestled in bushland within a semi-rural area approximately 31 kilometres from Sydney's central business district, this multi-level residence boasts an impressive array of features. The estate spans 2.11 hectares and includes seven bedrooms and eight bathrooms, providing ample space for luxurious living.
Key amenities of the property include:
- A full-size tennis court for recreational activities
- Horse stables for equestrian enthusiasts
- A private road ensuring exclusivity and security
- Terraced manicured gardens offering serene outdoor spaces
Architectural Blend of Traditional Elegance and Modern Design
The mansion showcases a sophisticated fusion of old-world luxury and contemporary chic. Architectural highlights feature a porte-cochère – an impressive vehicle-sized entranceway – alongside modern open-plan living areas that create a seamless flow throughout the home.
Interior spaces have been meticulously designed to cater to both entertainment and relaxation:
- Four private living areas for family gatherings
- An executive study for professional work
- A dedicated home cinema for entertainment
- A billiards room for leisure activities
- A substantial rumpus room exceeding 150 square metres, complete with wet bar and wine gallery
Additional luxurious elements include an alfresco terrace with built-in kitchen, king-size bedrooms featuring walk-in wardrobes, a private library, and a fully-equipped home gym.
From Humble Beginnings to Billion-Dollar Business Empire
Andre and Carole Estephan originally purchased this property in 2014 for $4.6 million, during their remarkable business journey. The couple founded El Jannah in 1998 with a single store located beside a train station in Granville, in Sydney's western suburbs.
Over 27 years, their family-run enterprise has transformed from modest origins into a fast-food powerhouse, currently operating 48 stores nationwide. The business recently made headlines when it was acquired for approximately $1 billion by New York-based private equity firm General Atlantic, following a competitive auction that included bids from Goldman Sachs Asset Management and Melbourne's BGH Capital.
Business Expansion and Future Prospects
Despite the sale, the Estephans retain a significant stake in El Jannah and continue their involvement in operations, alongside CEO Brett Houldin who maintains his leadership position. At the time of the acquisition, the business operated 30 stores in New South Wales, 17 in Victoria, and one in the Australian Capital Territory.
Since the transaction, expansion has continued with new openings in Hawthorn, Melbourne's inner east, and Woden in Canberra's south. The company processes an astonishing 100,000 chickens weekly through its franchise network and aims to reach 70 restaurants by July 2026, positioning itself to compete with established chicken fast-food giants like KFC and Red Rooster.
The decision to list their Sydney mansion follows this landmark business transaction, offering a rare opportunity to acquire a property that reflects both the entrepreneurial success and refined taste of Australia's chicken dynasty founders.
