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Mar, 24 2014

Polo Foods to launch three F&B brands

Bringing Great American Cookies, Forever Yoghurt & Quiznos.

 

Polo Foods the subsidiary of Polo Towers Group from East India – is launching two international F&B brands in India namely: Great American Cookies and Forever Yoghurt. The company has signed a license agreement with the two to open around 100 stores across the country through a combination of company-owned and franchisee-owned formats.

Polo Foods has also signed a master franchisee agreement for Quiznos in India to open its outlets in Eastern India. In the next six months, the first sets of stores are planned for the city of Kolkata. The cost of franchise investment would range between Rs 20-40 lakh.

"We have been in the F&B business for the last two decades, and we understand the Indian market to a great extent. We are planning to open co-branded stores which would cut the monthly cost to a good extent for the franchisee and company-owned stores depending on the location," says Deval Tibrewalla, CEO & Director, Polo Towers Group.

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