Hotline: 1800 102 2007
Hotline: 1800 102 2007
Dec, 17 2007

Gloria Jean`s Coffees enters India

Gloria Jean`s Coffees, one of world`s leading coffee chains, announced its foray into India in alliance with Citymax India, the hospitality arm of the Dubai-based retail giant Landmark Group at Franch

Gloria Jean`s Coffees enters India

Gloria Jean's Coffees, one of world`s leading coffee chains, announced its foray into India in alliance with Citymax India, the hospitality arm of the Dubai-based retail giant Landmark Group at Franchise India 2007. The first Gloria Jean`s Coffees outlet would open in Mumbai in February next year and in New Delhi by June, after which it plans to venture into Bangalore and other cities. The $2-billion Citymax India is planning to invest about Rs.400 million to open 90 Gloria Jean`s Coffees outlets across the country within the next four years. It aims to open 500 such outlets by 2017. `Franchising is the route to owning your business - 90 percent of the food outlets in US are franchised compared with only one percent in India. Franchising would enable lots of entrepreneurs to leverage their skills, real estate and investments to build a strong business,' Ravi Saxena, managing director, Citymax India said. Australia-based Gloria Jean`s Coffees is present in 30 countries with about 800 outlets, of which 435 are in Australia. According industry estimates, the coffee retailing business in India is about Rs.6 billion per annum growing by 30 percent a year. India currently has about 1,200 coffee outlets, which would increase to 2,500 by 2011.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Automobile Maintenance
    About Us: O3 car care is a venture which came out..
    Locations looking for expansion Kerala
    Establishment year 2009
    Franchising Launch Date 2013
    Investment size
    Space required 500
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Thrissur Kerala
  • Multi Cuisine Restaurant
    About Us: ‘THE KARGO’ the flagship restaurant in Koregoan park Pune,..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2019
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 2700
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Pune Maharashtra
  • Bike Rental
    About Us: Dos Wheeler is a leading e-vehicles rental company that..
    Locations looking for expansion West bengal
    Establishment year 2016
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 450
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Saltlake West bengal
  • Bricks & Cement & Sand Supplies
    About Us: Ambuja Cements Ltd, a part of the global conglomerate..
    Locations looking for expansion Maharashtra
    Establishment year 1985
    Franchising Launch Date 1985
    Investment size
    Space required 5000
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Mumbai Maharashtra
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities