|Date||Date of Registration : Apr 04, 2016
Date of Revision : Apr 04, 2016
|Country / Area||Tamil Nadu, India|
|Proposal Category||4800 Eating and drinking establishments|
|Target Country / Area||All Countries / Areas|
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Investment Needed for Indian Restaurant Chain for Expansion
<< DESCRIPTION >>
A well known restaurant chain, operating currently at 2 prime locations in Chennai, which has brand reputation accorss the Chennai city, in India is looking for an investor for its expansion in Chennai.
*Introdution of our restaurant
This restaurant brand has unique taste and known for its premier quality food, Its the only brand serving authentic Hyderabadi cuisine. This food chain serves, barbecue and Arabian grills as well, apart from authentic Indian cuisine.
This restaurant is being operated successfully for last 10 years, with annual turnover of USD0.6 million.
Investee/founder proposing to suitable likeminded investors, to invest towards expansion in other parts of Chennai city as the brand has high potential revenue generation capability.
Proposal is to open up 10 new middle size outlets in Chennai city India, on busy junctions and inside malls with an area of 1,000 sq. feet each.
Expected revenue generation is USD0.27 million per outlet per annum, and out of 10 outlets expected total revenue is USD2.75 million per annum.
*Our role in the project: Our role is investee and founder
As a founder and MD, our role is to setup, operate and execute proposed new outlets as well manage entire business successfully with a goal to spread across India in near future.
Investor can take stake in the company, in return of his investment, he will be director on the board, and can take part in management if he or she is interested.
*Rough breakdown of the investment
1) Each proposed new outlet requires USD0.077 million, for entire setup and for 10 new outlets, a total setup cost would be USD0.77 million.
2) Working capital requirement, including promotion and marketing expenses is USD0.23 million.
3) Total Investment required is USD1.0 million.
*ROI plan: 20 - 25%
|Investment Amount||US$ 1,000,000|