The group is also planning to invest $3-4 million in the fast food chain over the next three years to expand the footprint and increase revenue of the brand.
When one looks at opening a restaurant especially in a diverse market like India they need to get their training right, SOPs right, get a lot of technical people on board to be able to assist them and set up systems, it comes with huge cost.
McDonald's India had filed a petition with NCLAT on August 23, challenging NCLT order that had reinstated Bakshi as the MD of Connaught Plaza Restaurants Pvt Ltd (CPRL).
There are various reasons why someone should. When there's a parent company who gives Master Franchise then they actually cyst the brand a lot of avenues.
It's good to have a restaurant in Delhi and Mumbai but at the same time having a restaurant in Coimbatore and Orissa is also pretty nice because at the end of the day you're feeding people.
Franchisor imparts the sense and science both into the business. What you are paying for is knowledge and the brand which already exists. A franchisor typically provides a platform to the entrepreneurs to build their brand.