Cafe Buddy’s, QSR format from the house of Zest Agro Pvt Ltd, is on expansion spree. Recently, the brand unveiled an outlet in Delhi at University of Delhi.
Sudeep Gupta, director-business development, Zest Agro Pvt Ltd, informs, "To open one outlet, the investment ranges between Rs.4-5 lakhs and it takes around about 7-8 months for an outlet to break even. Around 400 – 500 customers visit per outlet per day and the average bill size ranges between Rs.15-20."
Cafe Buddy’s has a target to open approximately 120 outlets across India in the next fiscal, FY 2011-12, to bring the total figure to 220 outlets. The brand has plans to expand via franchise route.
– Shubhra Saini
