Hotline: 1800 102 2007
X
Search Business Opportunities
Aug, 17 2018

Yellow Tie Hospitality to open 25 stores of Wrapchic in India

Yellow Tie Hospitality will invest $5 million to open 25 outlets of UK-based burrito fast food chain in India.

Yellow Tie Hospitality will open 25 outlets of a UK-based burrito fast food chain, Wrapchic, in India in the next 3 years. The company, which is investing $5 million to open the stores, has acquired the master franchise rights of the Indian burrito brand.

Founded by Mahesh Raikar in 2012, Yellow Tie Hospitality operates brands like Genuine Broaster Chicken, Dhadoom, and Just Falafel.

Raikar said, "We plan to expand to 10 other countries by 2020 and expansion in India will be a pivotal point for our company."

He also added that the food industry in the country has been booming in the recent times, which provides a great opportunity for expansion.

Karan Tanna, Founder & CEO of Yellow Tie Hospitality, said "We are planning to invest five million USD in the next three years with 25 stores at PAN India level across malls and corporate parks. We are very optimistic to grow Wrapchic not only in India but across Asia".

Comment
image
Related opportunities
  • Preschools
    About Us: Education is the backbone of any country and we..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 2500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Furniture/Home Decor & Furnishing
    About Us: INSTA DECOR is a Interior design consortium headed by..
    Locations looking for expansion New Delhi
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 50lac - 1 Cr.
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
  • Language Schools
    SPOKEN ENGLISH COURSES with exclusive course material from OXFORD UNIVERSITY..
    Locations looking for expansion West bengal
    Establishment year 1950
    Franchising Launch Date 1992
    Investment size Rs. 2lac - 5lac
    Space required 500
    Franchise Outlets 50-100
    Franchise Type Unit
    Headquater Amherst street West bengal
  • Others Food Service
    ABOUT Chicken Adda: Chicken Adda is best described as indescribable ...
    Locations looking for expansion Madhya Pradesh
    Establishment year 2015
    Franchising Launch Date 2016
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Indore Madhya Pradesh
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