To open 40 outlets in India within five years.
Zizo, the Lebanese food chain is planning to open 40 outlets in India over the next five years and is also planning to invest Rs 60 crore for the expansion. The chain has opened its first outlet in Delhi this week is planning to open seven more outlets by end of 2014.
Speaking on the launch, Fouad Abdel Malak, CEO and Partner, Zizo, said, "Once we are into 6-12 months into successful operations our expansion will be much quicker. We plan to open up to 40 outlets across the country and invest around Rs 60 crore over the next five years.”
After an year of launch, the company also plans to launch Zizo restaurants in Singapore, the UK and Spain through franchise route. The company will also look at opening Zizo's express outlets (small-size outlets with limited menu option) and fine dining outlets in hotels.