VADODARA: City-based Neapolitan Pizza, one of Gujarat’s first ‘Quick-serve restaurant (QSR)’ on Tuesday announced that it has introduced a small outlet model to attract and engage more and more young entrepreneurs in the QSR segment. With this model, the franchise will be rolled out on FOFO basis with a small investment to the tune of just Rs 10 lakh, half of which will be financed by the company.
The company will provide complete setup, know-how and technical and marketing support, including brand promotions. The NSE SME Emerge listed Vadodara-headquartered pizzeria is on an expansion spree, with seven new outlets scheduled to be opened across Gujarat and Maharashtra.
“Our expansion policies are in line with the fulfilment of our objective – ‘quality pizza at affordable prices’. Another objective is to catapult an Indian name in the pizzeria restaurant sector, as opposed to other pizza brands of American or European origin,” said Mukund Purohit, chairman and managing director of Neapolitan Pizza Limited.