Vegetarian fast food franchise to enter India
Australian vegetarian fast food franchise, Lord of the Fries, will enter India, with 50 new stores set to open by 2024.
Richard McDonnell of McDonnell McPhee & Associates, the company that negotiated the deal, told Franchising the first outlet will open its doors by 31 March, 2015.
“Directors are currently in India setting up supply chains, so it is all systems go," he said.
“It's a master franchise agreement – an Indian group from Singapore have acquired the rights, they are Indian residents from Singapore."
McDonnell says the company is also in discussions with representatives in Pakistan, Malaysia, Singapore and the US, so there is the potential for further international expansion.
“We are talking to people in all of those countries at the moment – there is interest and there are discussions currently in place.
“There has been a lot of interest in Lord of the Fries from India and Pakistan in particular because of its vegetarian offering,” he added.
There are currently a total of 11 Lord of the Fries franchises operating in Melbourne, Perth and Sydney, and additional sites are on the cards.
He added Lord of the Fries’ menu will be adapted to suit the Indian market.