Sunday, March 11, 2007

Man United restaurants ready to expand into India

The Manchester United Restaurant & Bar concept is ready to kick-off in India, John Lim, CEO, Manchester United Food and Beverage Asia-Pacific told John Sarkar and Shubham Mukerjee of the Economic Times. "India is a strategic country to help us grow in Asia-Pacific. We see a growing interest in soccer. We believe the country has to mature into watching other sports and the trend shows that India is following other sports like soccer, golf and tennis,” he said.

"We are new in this businesses and want to have a footprint in the entire Asia-Pacific. So we are working in all countries, practically simultaneously. We have a 10,000 sq feet restaurant and bar in Jakarta and a 3000 sq feet bar in Bandung, both in Indonesia and are currently negotiating with possible franchisees in Korea, India and Japan. We estimate that for Asia-Pacific, India would contribute 30% of the total revenues.”

Anu Handa, India representative for Manchester United F&B added, “We are looking for franchisees with a minimum of 3000 sq feet area and the break even for each could be about three months.”

No comments: