Hotline: 1800 102 2007
X
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."

Comment
image
Related opportunities
  • Quick Service Restaurants
    About Us: Franchisees Invited Pune’s Fastest Growing Chain of Specialized Cuisine R..
    Locations looking for expansion Maharashtra
    Establishment year 2014
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 180
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Pune Maharashtra
  • Bakery & Confectionary
    About Us:  In 2015, started by Mr. Manu Ranganathan with a..
    Locations looking for expansion Tamil nadu
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Chennai Tamil nadu
  • About Us: Leayan Global Pvt. Ltd, the fast growing part of..
    Locations looking for expansion Delhi
    Establishment year 1997
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • After School Activities
    About Us: SIP Academy India is successfully running various world-class programmes...
    Locations looking for expansion Delhi
    Establishment year 2003
    Franchising Launch Date 2003
    Investment size Rs. 5lac - 10lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
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