Hotline: 1800 102 2007
X
Search Business Opportunities
Dec, 07 2015

Barcelos to set up 30 outlets in next 4 years

South Africa-based casual dining restaurant chain Barcelos is planning to set up 25 to 30 stores over the next four year in India. With this, the brand hopes to touch a turnover of Rs 200 crore during the period.

South Africa-based casual dining restaurant chain Barcelos is planning to set up 25 to 30 stores over the next four year in India. With this, the brand hopes to touch a turnover of Rs 200 crore during the period.

"By fiscal 2017, we plan to open about 10 more outlets. We will open four outlets by the end of the current fiscal. We plan to invest USD 5 million by the fiscal year of 2017. With about 25-30 outlets in India, we are targeting Rs 200 crore turnover in four years time," shares Rohit Malhotra, General Manager Operations, Barcelos.

The firm, which opened its first restaurant in India in New Delhi in March, intends to set up its new stores by company-owned and franchise modes. Delhi-NCR, Kochi, Chennai, Mumbai, Jaipur, Pune, Hyderabad, Bengaluru, Goa and Kolkata are among the locations, it is eyeing at expanding its base.

Barcelos, which has introduced Black Burger and Red Burger first time in India, is also on its way to expand its menu and increase food and beverage offerings. It runs more than 120 outlets across 18 countries including the UK, Sweden and the Middle East.

Comment
image
Related opportunities
  • Tea and Coffee Chain
    About Us: Belief: “as is sound, so as echo” Mission: “best tea every t..
    Locations looking for expansion Maharashtra
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
  • Electric Vehicles (E-Vehicles)
    About Us: India’s First –Ever  Electric Bike Rental/Taxi/Delivery Platform e-Bike..
    Locations looking for expansion New Delhi
    Establishment year 2007
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 1100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
  • Security Services
    About Us: V-Authenticate builds innovative security products that raise security standards..
    Locations looking for expansion Maharashtra
    Establishment year 2006
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Express Food Joints / Drive Through
    About Us: Classic dishes are a staple, but sometimes you need..
    Locations looking for expansion Rajasthan
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Jaipur Rajasthan
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities