Eagle Boys was an Australian fast food pizza chain. Eagle Boys was founded in Albury, New South Wales, by businessman Tom Potter in 1987. From 1992, Eagle Boys national headquarters were located in Annerley, Queensland. In 2007 NBC Capital, a Queensland-based venture capital group, bought Eagle Boys from Potter. At the chain's peak, in 2013, more than 340 Eagle Boys stores were operating across Australia. Outlet numbers fell drastically between the end of 2013 and the end of 2014 to around 170. In July 2016, fewer than 130 stores remained open and administrators were brought into the head office to identify restructuring options ahead of a potential sale of the business, although the move did not extend to franchisee-operated outlets. In November 2016, Pizza Hut announced to media that it was drafting a merge with Eagle Boys, but the merge was never finalised. As of that date, 114 Eagle Boys stores operated throughout Australia; making it the fourth largest pizza chain in the country, with less than 10% share of the country's pizza market. Stores More than 340 Eagle Boys stores were operating across Australia at the pizza chain's peak in 2013. Outlet numbers fell drastically between the end of 2013 and the end of 2014 to around 170. At July 2014, Eagle Boys was the third largest pizza chain in Australia, with 12% share of Australia's pizza market. By the end of 2014, Eagle Boys' visitation rate dropped below that of Crust Pizza, and fewer than 130 stores remained open. As of April 2016, Eagle Boys stores could be found in all mainland Australian states and the Northern Territory. The stores had a strong regional emphasis with most outlets located in non-metropolitan areas, including Bathurst, Bendigo and Mareeba. History 1987–2007 The first Eagle Boys store opened in Albury, New South Wales, in 1987. It was a venture spearheaded by businessman Tom Potter in partnership with his mother, Barbara Potter, who guaranteed a $70,000 loan to enable him to open the store. The store was initially called "Beagle Boys" after the Disney Beagle Boys, but Potter dropped the "B" after a few months in operation, worrying that the naming may have been a copyright infringement. Potter went on to build the business and become CEO of the chain. In 1989, Potter started recruiting franchisees. Eagle Boys' national headquarters were opened in 1992 in the Brisbane suburb of Annerley. Eagle Boys