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Jubilant FoodWorks Ltd (JFL) plans to make Popeyes the fastest-growing QSR chain with 250 stores clocking a revenue of Rs 1,000 crore in the next 4 years, said Sameer Khetarpal, CEO and MD of Jubilant FoodWorks Limited.
Popeyes has recently entered Delhi by opening its first outlet at Omaxe Chowk Mall. This is the 33rd outlet of the brand and within a week, it plans to open 3 more outlets in Delhi/ NCR – Pacific Mall Jasola, Pacific Mall Faridabad, and DLF Epitome Gurgaon.
“Since our launch in India two years ago, this is our second outlet in North India. We opened our first outlet in Chandigarh. In North India, we are planning to penetrate deeper into Delhi, and Chandigarh and open outlets in other cities like Punjab, Haryana, and UP,” said Khetarpal.
“We do expect a material amount of turnover for Jubilant coming from Popeye’s in the coming years,” he further added.
Currently, the company operates 31 outlets of the brand in South India.
Going ahead, it plans to open outlets at both malls and high streets in metro cities, tier I, tier II, and tier III cities. The average size of the outlet of Popeyes spans across 1,500-1,700 sq.ft.
The brand is also building its supply chain capabilities to enter West India this year.
In India, JFL operates 1,928 stores of Domino’s across 407 cities, 25 Dunkin’ restaurants across eight cities, and 22 outlets of Hong’s Kitchen across four cities.
“We plan to cross the 3,000 outlets mark for Domino’s in the next 2 years,” concluded Khetarpal.
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