Hotline: 1800 102 2007
Hotline: 1800 102 2007
May, 09 2008

Nirula`s gearing up for expansion – both in and outside India

Nirula’s, a favourite destination for the Delhi food lovers, is going set its foot on the foreign shore by the next fiscal.

Nirula`s gearing up for expansion – both in and outside India

Nirula’s, a favourite destination for the Delhi food lovers, is going set its foot on the foreign shore by the next fiscal. The move is now presently at planning stage, studying the markets of the countries like the UK, UAE, Nepal, Pakistan and Sri Lanka. The company has this plan both for Potpourri, the casual dining restaurant brand, and its quick-service-outlets. The food chain has also sketched a pan-India expansion plan. It will be entering the financial capital, Mumbai by the third quarter of this year and plans to have 30-40 outlets in Mumbai in the next three years. Nirula`s is also looking at expanding its domestic presence in different parts of Maharashtra, Goa, Madhya Pradesh, Gujarat and Rajasthan. In total, the chain plans to open 150 outlets across India in three years. An investment of Rs.150 to Rs.200 crore has been set aside for the domestic expansion plan. For its overseas venture, Nirula’s is open to both joint venture and equity participation. By 2012-13, Nirula`s is looking at opening 20 odd outlets outside India. The company is also looking at exporting its ice-cream and confectionary in the near future. Nirula`s is also in talks with three to four budget hotel chains in the country for running food business at the hotels. Nirula’s will explore the concept of retail food business on a contract basis in hotels, similar to what Sayaji Hotel has with Ginger Hotels for its newly launched chain Buffet Junction. The company spokesperson reveals that Nirula’s is looking for regional franchisee in India. The required carpet area differs with the type of format. The family restaurant should be 7000 to 9000 sq mt. Nirula`s also has more compact formats which range from between 100 to 400 sq. ft and are perfectly tailored to fit in high-traffic locations. These formats include Express outlets, Food Court Units and Ice cream kiosks. After entering Mumbai, the company plans to open outlets in Bangalore and Kolkata.

sharebtn
Comment
user
email
mobile
address
star
NITINSARINS@GMAIL.COM 09, Oct 2009
BE A PART OF YOUR BUSINESS
pal_karthi@yahoo.co.in 09, Oct 2009
i am interested since it is environment friendly, but i want to know how much be the investment?
krishna_iva@yahoo.com 09, Oct 2009
Dear sir,The article -Franchising turns green is thought provoking and will definately help the unuverse and the mankind.I will be interested in undertaking a franchise which into eco friendly. With warm regards I.Krishna kumar Vijayawada 9989038070
jagdishsbi@yahoo.co.in 10, Oct 2009
want to opam mobile store in lucknow, have property of 20*15 at hazratganj chauraha
Related opportunities
  • Education Supplies
    About Us: The Maple Bear™ program is owned by Maple Bear™..
    Locations looking for expansion Delhi
    Establishment year 2004
    Franchising Launch Date 2004
    Investment size Rs. 10lac - 20lac
    Space required 3000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi Delhi
  • Quick Service Restaurants
    About Us:  Inspired by Hong Kong's favorite street food the..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Competitive Exam Coaching Institute
    About Us: Want to start your own institute or coaching? Unite..
    Locations looking for expansion Delhi
    Establishment year 2011
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
  • About Us: At DogSpa we love to spoil, treat and pamper..
    Locations looking for expansion Delhi
    Establishment year 2014
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
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