Hotline: 1800 102 2007
Search Business Opportunities
Oct, 26 2018

Lenexis Foodworks Announces Rs 150 Crore Expansion Plan to launch new 'Wok Express' outlets

Wok Express is planning to penetrate its reach in Bengaluru, Hyderabad and New Delhi.

Lenexis Foodworks has announced Rs 150 crore expansion plan for launching 70 new 'Wok Express' outlets within the next three years.

Wok Express is planning to penetrate its reach in Bengaluru, Hyderabad and New Delhi. The whole expansion will be funded via internal accruals.

Currently, the three-year-old company is operating 35 outlets across all major malls and high streets in Mumbai and Pune. All these outlets are company-owned and operated.

Aayush Agrawal, Director, Lenexis Foodworks Pvt Ltd, said, "Wok Express started off as a pilot project in 2015 with 1 restaurant in Pali Naka, Bandra. With the overwhelming response from our patrons, we not only established 35 restaurants within a short span of 3 years but also served a million Chinese Rice and Noodle Bowls. Our strategic initiatives continue to show encouraging development, which we believe will enable our long-term growth objectives. We opened 10 restaurants this year and are on track to achieve our development target of 100 outlets across leading metros in India within the next 3 years."

Related opportunities
  • Mobile & Communication/Internet Connections
    About Us: Rocking Deals is the ultimate destination for deal-savvy buyers..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Run your own preschool & provide quality education by joining..
    Locations looking for expansion Goa
    Establishment year 2014
    Franchising Launch Date 2015
    Investment size Rs. 2lac - 5lac
    Space required 900
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater North Goa Goa
  • Payment Solution services
    About Us: Mswipe Technologies Private Limited is engaged in the business..
    Locations looking for expansion Maharashtra
    Establishment year 2011
    Franchising Launch Date 2017
    Investment size
    Space required -NA-
    Franchise Outlets Less than 10
    Franchise Type -NA-
    Headquater Mumbai Maharashtra
  • Snacks / Namkeen shops
    About Us: Shyam sunder Foods established in 1969 by Late Shri..
    Locations looking for expansion Gujarat
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 5lac - 10lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
Insta-Subscribe to
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities