Hotline: 1800 102 2007
Hotline: 1800 102 2007
Aug, 06 2018

K Hospitality to buy franchisees of Copper Chimney outlets

Charcoal is planning to bring new Indian food formats to the market, both in India and abroad, in the next few years.

K Hospitality to buy franchisees of Copper Chimney outlets

Hospitality, food services and travel retail frim K Hospitality Corp, has agreed to acquire the franchise units of Copper Chimney outlets from Everstone Capital-owned Pan India Food Solutions for an unspecified amount.

“Following the buyback, K Hospitality has now consolidated all company-owned and franchise operations of the Copper Chimney brand in India,” K Hospitality said in a statement. “The Copper Chimney business will now be an amalgamated part of Charcoal Concepts, the group’s new business segment purely focussed on Indian cuisine and how to take it global,” the statement added.

Charcoal Concepts owns Bombay Brasserie, which operates eight bars and eateries in five Indian cities.

Charcoal is planning to bring new Indian food formats to the market, both in India and abroad, in the next few years.

The group plans to roll out 50 more outlets of  Copper Chimney brand across India and abroad in the next five years.

Karan Kapur, director, K Hospitality Corp. said: “The franchise buyback of Copper Chimney is reflective of K Hospitality’s aggressive growth and expansion strategy to bring authentic Indian cuisine to global audiences by building on Copper Chimney’s leading position in the contemporary Indian cuisine space in the country.”

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Beauty Salons
    About Us: INSTYLE SALON PROVIDES ITS CLIENTS WITH A LUXURY ATMOSPHERE..
    Locations looking for expansion Delhi
    Establishment year 2009
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Ice Creams & Yogurt Parlors
    About Us: Dessertino is a venture of Santushti Shakes Private Limited..
    Locations looking for expansion Delhi
    Establishment year 2008
    Franchising Launch Date 2016
    Investment size Rs. 20lac - 30lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Delhi Delhi
  • Others Food Service
    Royalty Charges :- 0% Life Time Format Investment Brand Fee Space Pro..
    Locations looking for expansion Chandigarh
    Establishment year 2009
    Franchising Launch Date 2013
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Chandigarh Chandigarh
  • Others Food Service
    About Us: Mighty Bites , a place where fried fun resides,..
    Locations looking for expansion Karnataka
    Establishment year 2011
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
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