Mergers & Acquisitions

JSM plans to expand Hard Rock Cafe & California Pizza Kitchen chains

Opportunity India Desk
Opportunity India Desk Dec 26, 2018 - 1 min read
JSM plans to expand Hard Rock Cafe & California Pizza Kitchen chains image
JSM is a master franchisee of international casual dining brands like Hard Rock Cafe, California Pizza Kitchen, Shiro, Asilo, and Tsuki.

JSM Corp is planning to add four-five Hard Rock Cafe (HRC) outlets over the next two years. It is also looking at expanding the number of California Pizza Kitchens (CPK) through a joint venture.

JSM is a master franchisee of international casual dining brands like HRC, CPK, Shiro, Asilo, and Tsuki.

Sanjay Mahtani, Founder and Managing Director, JSM, said, "The focus in 2019 will be to grow organically. Between 2019 and 2021, we have a very robust growth plan for HRC as a brand."

Presently, there are seven Hard Rock Cafes in India, one each in Mumbai, Bengaluru, Delhi, Gurugram, Hyderabad, Pune, and Kolkata.

Mahtani further stated, "JSM is signing up for four new outlets - two each in Bengaluru and Mumbai, which are expected to be operational by the first half of next year. If the smaller format outlets succeed, through a combination of joint venture and JSM-owned outlets, around 50 to 60 new outlets of CPK will come up in the next five to seven years."

Subscribe Newsletter
Submit your email address to receive the latest updates on news & host of opportunities
Franchise india Insights
The Franchising World Magazine

For hassle-free instant subscription, just give your number and email id and our customer care agent will get in touch with you

or Click here to Subscribe Online

Newsletter Signup

Share your email address to get latest update from the industry