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Barcelos targets 200 cr sales, 30 outlets in 4 yrs


It is looking to reach INR 200 crore turnover and open 30 Indian outlets by 2019.

The South African restaurant chain, which opened its first restaurant in India in New Delhi in March this year, plans to invest USD 5 million by fiscal 2017 to expand its footprint in the country. “Since our first store, we spent time in understanding our customers, working on the menu and finding right locations to open our outlets. By fiscal 2017, we plan to open about 10 more outlets. We will open four outlets by end of current fiscal,” saidRohit Malhotra, GM operations, Barcelos,.

The casual dining restaurant chain’s new outlets will be a combination of company owned and franchised stores. Its new outlets will come up in Delhi-NCR, Kochi, Chennai, Mumbai, Jaipur, Pune, Hyderabad, Bengaluru, Goa and Kolkata.

Barcelos is also in the process of expanding its menu and increasing food and beverage offerings. Globally, it operates 120 outlets in 18 countries including the UK, Sweden and the Middle East.

Source: PTI

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