Australia-based The Crepe Cafe plans to open as many as 50 outlets in India over the next three years. A part of BFC Retail Group, The Crepe Cafe offers a menu of sweet crepes, waffles, pancakes and omelettes. The chain’s partners in the venture are World Iconic Brands and Franchise India.
“Our expansion target is to open around 50 stores in the coming three years and reach around 100 stores in next five years with an investments of Rs 80 lakh per store,” BFC Group and CEO Jean-Pierre Corgnet said.“We are planning to open two shops in the next three months and 7-8 more by the end of this year. We are targeting an average of Rs 300 to Rs 400 (per customer), which is very much achievable.” .
