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- Chi Kitchen & Bar plans expansion
Chi Kitchen & Bar (CHI), a casual dining Pan Asian restaurant is planning to add more outlets to its network along with launch of its two more novel casual dining concepts in India by this year end. Talking about the expansion further, Sohrab Sitaram, Director, Square Root Hospitalities Pvt. Ltd, a parent company of Chi kitchen & Bar, says: “The immediate growth in the next year will be focused on the NCR area and we are aggressively looking for real estate partners to identify and select the locations for our new restaurants. This will be a part of our mid-term expansion strategy of opening 35-40 outlets including franchise outlets in metros and other A and B class cities in the next three years.” In addition, the company will also be opening five more outlets of CHI in the current year.
For opening a standard format of standalone store, the aspiring franchisee will require a minimum investment of approx Rs 60 lakh along with an area of 1,200 – 2,000 sq.ft. They also provide five year agreement term with renewal clause.
Presently, the brand is operating four outlets in Delhi NCR and Chandigarh. Chi Kitchen & Bar is a fun, interactive and casual restaurant serving Pan Asian delicacies from China, Thailand and Malaysia.