"Currently we have 15 outlets under Maroosh brand, which is a quick service concept restaurant that fuses Lebanese and Indian cuisine. We have another eight outlets in the pipeline under master franchise route this year.
"Going forward, we are targeting to have 300 Maroosh restaurants in next five years both across the country and overseas," Impresa Hospitality Managing Director and CEO Ketan Kadam told PTI here.
Impresa Hospitality has signed a master franchise agreement with Franchise India for Delhi-NCR and Bengaluru targeting to open 105 outlets in three years, he said.
The company has signed a master franchise agreement with Lalin and Co for three restaurants in Sri Lanka, he said.
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It also has a non-disclosure agreement (NDA) with an Abu Dhabi-based company for merger-cum-expansion in the GCC (Gulf Cooperation Council) nation, he added.
Talking about its FMCG plans, Kadam said the company has started back-end production of curries, marinated chicken and sauces, among others, under the Maroosh brand with a third- party vendor.
"In the first phase, we will sell our back-end production line through e-retail across the country. In phase two, we will also go offline with big retail brands," he added.
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