Fast Food Business Seeking Investment To Launch In Bangalore
About Business
The business is planning to set up a small-format fast food outlets serving a range of vegetarian and non-vegetarian food items, including rolls, burgers, and beverages. The focus is on offering quick service through compact outlets in locations with regular customer footfall.
Expansion Plan
The plan is to open 20 outlets over the next two years. The first outlet is expected to be finalized within the next 10 days, and a few suitable locations have already been identified.
Operations
Each outlet will have an area of around 100 to 200 sq. ft. with seating for approximately 10 to 12 customers. The expected monthly rent for each location is between INR 30,000 and INR 35,000.
Financial Highlights
The business expects each outlet to generate daily sales of around INR 10,000. The estimated daily operating cost is about INR 5,000, leaving an expected daily operating profit of nearly INR 5,000 per outlet. These projections are based on the planned operating model and expected customer demand.
Clientele type
The primary target customers will be young consumers who regularly prefer fast food and quick-service dining.
Premises
The location for the outlet is expected to be finalized within the next few days. The business will operate from a rented premises of approximately 200 sq. ft.
Asking Price Includes
The investment terms will be mutually discussed and finalized with the interested investor.
Reason
The promoter is looking to raise funds to start the business.
More Details
The promoter has around 6 years of experience in the food business and has been involved in managing similar operations. A working team is already in place, allowing the business to begin operations as soon as the first outlet is ready.
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