Hotline: 1800 102 2007
Hotline: 1800 102 2007
Jul, 06 2015

Carl's Jr franchisee CybizCorp to raise Rs 125 crore

Eyeing to scale up its operations, CybizCorp, an exclusive India franchise partner of Californian burger chain Carl's Jr, is looking ahead to raise about Rs 125 crore.

Carl's Jr franchisee CybizCorp to raise Rs 125 crore

Eyeing to scale up its operations, CybizCorp, an exclusive India franchise partner of Californian burger chain Carl's Jr, is looking ahead to raise about Rs 125 crore. This amount will be over and above about Rs 12.5 crore that the company has already raised from private equity investors such as Delhi-based NOW Foods, which also has equity in franchisees of Boombox Cafe and Cafe OTB, and Elara Capital.

"We will take the space between a Wendy's and a Johnny Rockets. We will keep a natural demographic distance between stores," says Sam Chopra, CybizCorp Chairman and Founder. India's first Carl's Jr store will be opened in New Delhi in the next four-five weeks.

The brand, which positions itself between a fine-dine and quick service restaurant, will be setting up three to five stores this calendar year and has planned to open 100 stores over a period of five to seven years.

CybizCorp is an India entry and expansion strategist, marketing consultant and brand representative specialising in franchising, licensing and channel distribution in verticals like business services, retail and hospitality. It also has exclusive franchisee tie-ups with restobars like Fork You, Cafe OTB, Boombox Cafe, Warehouse Cafe and Flying Saucer Cafe. Carls Jr is being set up by Cybiz BrightStar Restaurants, a subsidiary of CybizCorp.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • After School Activities
    About Us: An excellent Abacus Franchise India business opportunity for all..
    Locations looking for expansion Rajasthan
    Establishment year 2007
    Franchising Launch Date 2007
    Investment size Rs. 50000 - 2lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Jaipur Rajasthan
  • Doors/Wooden Door Panels
    ABOUT VIVEJ DOORS Established in 2018, Vivej, a venture..
    Locations looking for expansion Haryana
    Establishment year 2014
    Franchising Launch Date 2020
    Investment size Rs. 5lac - 10lac
    Space required 350
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Multi Cuisine Restaurant
    About Us: In Hungary, one of the most popular types of..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Paints & Allied Products
    About: Apollo Paints, ISO 9001:2017& ISO 14001:2015 certified, is a three-decade-old..
    Locations looking for expansion Karnataka
    Establishment year 1994
    Franchising Launch Date 2020
    Investment size
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Bangalore Karnataka
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities