Popular waffle chain, WAFL having 50+ Quick service restaurants (QSR) outlets all over the world, is all set to enter the Indian market, with a first flagship store opening here at the SDA market.
Targeting a revenue of Rs. 60 crores by 2018, WAFL will soon open stores in GK-1, Punjabi Bagh, followed by Bengaluru and Surat for its first phase launch.
By 2020, the company aims to open 250 stores pan India, with a revenue targeted revenue of Rs. 2oo crores.
"We are going to be present in each state of India by 2020. Apart from Gujarat and Rajasthan which will have vegetarian menu, all other states will have non vegetarian products also in the menu. Apart from franchisee stores, we will also come up with our own flaghsip, company operated stores. We are overwhelmed, by the response we got from our SDA outlet," said international business head, WAFL, Adzhai Sharma.
The WAFL food range will include a large range of waffle products namely Hongkong WAFL, Belgian WAFL, WAFL Corn Dog , WAFL Sandwich, WAFL Pie and the unique J-Tube for soft serve.
Along with this shakes, tea, and coffee will also be served.
The company is eyeing an untapped Indian breakfast market by serving foodies trendy food at reasonable prices.
"Consumer is more health conscious now and caught up with the fast paced life, so through our QSR we want to serve deliciously healthy food, to help them maintain their health conscious need. We are positive that Indian market will like our products, we are eyeing pan India expansion," said executive partner, Rajeev Chawla.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
