Hotline: 1800 102 2007
X
Search Business Opportunities
Jan, 29 2015

Sankalp Restaurants to focus on ready-to-cook market

The division produces 10 tonne of sambar per day at its Mehsana facility in Gujarat, which is frozen and sent to over 150 Sankalp outlets in India and the US, the UK, Australia, Canada and West Asia.

Sankalp Restaurant, the Ahmedabad based south-Indian cuisine chain, is planning to enter ready-to-eat and ready-to-cook market, reported ET.

"Having catered to Indian and international customers with our signature sambar (spicy South Indian curry) and other Manglorean delicacies, it is time to offer it to Indian customers a range of our other products off-the-shelf," said Kailash Goenka, Chairman and MD, Sankalp Group.

Sankalp which has over 175-crore business is planning to compete with MTR, GITS and McCain in the category.

The group is also aiming at Rs 300 crore businesses over five years.

Sankalp is the flagship brand of the group's subsidiary, Sankalp Recreation Pvt Ltd, which owns brands such as Saffron, Sam's Pizza and Salt N Pepper. Sankalp Recreation.

The brand which was earlier supplying frozen curries and pastes to its restaurant chains and institutional buyers will cater to business-to-customer while continuing with business-to-business model.

The division produces 10 tonne of sambar per day at its Mehsana facility in Gujarat, which is frozen and sent to over 150 Sankalp outlets in India and the US, the UK, Australia, Canada and West Asia.

It also produces 45,000 idlis and 5 tonne of pastes for Manglorean cuisine offers at other outlets.

"I want to ensure that Sankalp generates over Rs 400 crore turnovers with a chain of 500 outlets (franchised and company-owned) before I would divest," Goenka added.

Comment
Related opportunities
  • About: Client is into business of Beauty and wellness (“Business”) under..
    Locations looking for expansion Delhi
    Establishment year 1978
    Franchising Launch Date 2017
    Investment size Rs. 30lac - 50lac
    Space required 0
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • THE TEA FACTORY - India's No.1 tea cafe brings a..
    Locations looking for expansion MADHYA PRADESH
    Establishment year 2014
    Franchising Launch Date 2014
    Investment size Rs. 5lac - 10lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater INDORE MADHYA PRADESH
  • Vymigrate is one of Australias' Leading Immigration firms providing a..
    Locations looking for expansion Karnataka
    Establishment year 2002
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bangalore Urban District Karnataka
  • Sports Accessories
    About Us: Kawasaki Sports is one of the world’s leading sports..
    Locations looking for expansion Tamil nadu
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater chennai Tamil nadu
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