Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
Jan, 09 2018

Yumlok To Open 50 Outlets By 2020

Yumlok also plans to branch out of its home market and establish company owned restaurants and franchises in other parts of the country

Bengaluru’s popular street food restaurant, Yumlok, has earmarked an aggressive growth trajectory for the year 2018. Currently, Yumlok has three outlets and one cloud kitchen and it plans to setting up 50 stores by 2020.

Yumlok also plans to branch out of its home market and establish company owned restaurants and franchises in other parts of the country. Targeted at the youth, Yumlok specializes in serving North Indian Meal combos, Delhi style chaats, and some Indo-Western fusion dishes that are a blend of western recipes with Indian spices.

As founders of the company explain, continuous menu engineering is the most important thing for long term sustenance in restaurant business. Even in the upcoming restaurants, Yumlok intends to follow two philosophies in their menu -  first is to serve Classic food, which will sell anytime of the year without any marketing. Second, continuously innovate and improvise the food in aspects of aesthetic, organoleptic and packaging to bring back customers regularly.

Started off as an experiment in 2015, Yumlok has seen tremendous success. It is serving 10,000 plus orders per month with average order value of Rs. 325, only with word of mouth publicity. 

Avinash Gupta, founder and CEO of Yumlok, says, “We started in 2015 when everyone wanted to buy in to the next big food tech startup. A lot of food related startups were getting funded back then, most haven't survived beyond 2016. Restaurants are a hard business with 18hr of working, 365 days a year. It was never easy but a sharp focus on quality of food and service helped us get off-ground. Currently all of our stores are 4 star plus rated across all major food search platforms (Zomato, Swiggy, Magic Pin etc.). Our stores are also one of the highest order generators in online ordering platforms like Zomato online ordering and Swiggy.”

Yumlok is planning to open their fourth store in Bengaluru soon at Harlur Road. As per their projections, a city like Bangalore can easily accommodate about 50 Yumlok and they have also identified 5 other cities in India, which have a sizeable immigrant population. The company is eyeing to grow on average 60% YoY in terms of stores and establishing 100 stores in about 5 years.

Comment
Related opportunities
  • Casual dine Restaurants
    USA Leading Chain of Family Restaurant Since 1991 Inviting Franchisee in..
    Locations looking for expansion New Delhi
    Establishment year 1991
    Franchising Launch Date 2015
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 1000 - 1500 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater North Delhi New Delhi
  • About:Maroosh is Arabic for "fanning the coal" an iconic chain,..
    Locations looking for expansion Maharashtra
    Establishment year 2011
    Franchising Launch Date 2016
    Investment size Rs. 20lac - 30lac
    Space required 250 - 350 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • Quick Service Restaurants
    About Veggies :-Veggies is an Indian restaurant with an Indo western..
    Locations looking for expansion New Delhi
    Establishment year 2009
    Franchising Launch Date 2017
    Investment size Rs. 5lac - 10lac
    Space required 250 - 400 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New Delhi New Delhi
  • About Krios KitchenKrios Kitchens delivers the ready to use kitchen at..
    Locations looking for expansion Gujarat
    Establishment year 2003
    Franchising Launch Date 2015
    Investment size Rs. 20lac - 30lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
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