Goenka Group to invest Rs 20-30 crore in expansion.
Au Bon Pain, the cafe chain under RP- Sanjiv Goenka Group is planning to expand across metros in India. The group is planning to invest Rs 20-30 crore over the next 12 to 18 months and going to add 21 new outlets, 10 in Kolkata, seven in Delhi and four in Bangalore. Speaking on the same, Avarna Jain, Founder and In-charge, Au Bon Pain, said, “Our immediate focus is to expand in these three cities and reach profitability first. This will be followed by expansion in other cities. We hope to reach profitability in 12 to 18 months.”
Currently, Au Bon Pain has 29 outlets of which 26 are in Bangalore, two in Kolkata and one in Delhi-NCR. Au Bon Pain is a US-based café bakery chain in which the Goenka Group has 80 percent stake.