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Jun, 04 2008

US Pizza spreads its roots

US Pizza has opened its first outlet in Kannur

US Pizza has opened its first outlet in Kannur. It is a stand alone building encompassing an area of 2000 sq ft that houses a take away counter, dining and party halls. US Pizza has 63 operational outlets in 28 cities in India and plans to open 1000 units by the year 2011. Mr. Sunil Kumar KV, MD, US Pizza, informs that 90% of the outlets will be franchised and the rest will be company-owned. The parameters for choosing a franchisee would be on the ground of retail experience the person has and his understanding of consumer behaviour. The area required is more than1000 sq ft, which would involve an investment of Rs.30 to 40 lakh. The company’s immediate expansion plans include the opening of 30 units in Kerala through its master franchisee, Big Bites. They also plan to open units in Gachibowli in Hyderabad and P H Road in Chennai.

Comment
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rahulb@yahoo.co.in 13, Oct 2009
It is very very important that one takes finances into account before starting a franchise.100% Franchisers will tell a lot of lies.take word by 50% only.calculate your finances by reducing the projected revenue by franchiser by 50%(if it comes true its good for you).Get you agreement checked by a lawyer.Read each and every point carefully.You should not take less than 1 week to understand it properly.Also think why can't you do the business independently.
rahulb@yahoo.co.in 13, Oct 2009
continue-----Do you really need brand name( like may be needed for apparel brands etc, not for a cyber cafe/gaming center or for a restaurant or so)These things will save you lots of money.
18, Nov 2009
If you are first franchisee of an organisation there is no guarntee after taking the franchisee fee he may not respond you well. Secondly No franchisor wants see his franchisee growing than himself. In certain areas you need brand but not in every sphere. Now a days every third person has started selling his franchisee.
p.chetan@ebtech.biz 06, Aug 2014
At EBT we agree to all the comments given by the Industry Expert Panelist & have live implementations on Microsoft Dynamics LS Retail Hospitality Vertical. It can be adapted to integrate the entire network chain of restaurants (across the country), the purchase, the kitchen, the CRM & loyalty program, the Financials, Business Intelligence tool to check the best selling item across the locations.
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