Speciality restaurant chain Barbeque Nation will set up 100 restaurants, which will entail an investment of Rs 355 crore, across the country in the next three years. It also plans to take the brand overseas through the franchisee route.
“We introduced the brand almost an year ago with a restaurant in Mumbai and later on set up three more in different cities. The response to these restaurants motivated us to go for a pan-India presence for which we have earmarked Rs 335 crore spread over the next three years,” Prosenjit Roy Choudhury, CEO, Barbeque Nation told PTI.
The expansion would be funded through a mix of debt and internal accruals, for which, public sector lender State Bank of India has already approved term loans, he said.
The first 20 of the proposed 100 outlets would be set within the current fiscal, while another 30 would come up by the end of next year.
The remaining 50 would set up in the last year of expansion, Choudhury said, adding that currently located in Mumbai, Hyderabad, Bangalore and Gurgaon, it would have its eateries in all major cities across the country in the next three years.
SURJIT BAWA on March 31st, 2009 at 11:09 am
Intrested in having Franchisee of Barbeque Nations at Pathankot (Punjab) .Having Centrally located space in heart of city.
Romendra Mehta on April 14th, 2009 at 11:57 am
We are interested in having franchisee for Barbeque Nation at Kanpur (U.P.).Space is no problem.
Amit Shinde on June 10th, 2009 at 5:38 am
Interested in having a Franchisee of Barbeque Nation at the earliest at Nasik, probably in the heart of the city where quality crowd normally gathers to spend their precious and most valuable time..
maninder singh on June 11th, 2009 at 7:31 am
Interested in having a Franchise of Barbeque Nation at Ludhiana.(PUNJAB)
Nirmala on September 25th, 2009 at 4:31 am
I am interested in having a franchise at Coimbatore, Tamil Nadu. Please let me know the procedure and requirements.
Dinu on October 21st, 2009 at 3:08 am
Would like to open a frianchise of BBQ nation in Bangalore