Tablez Food Company (TFC), the food and beverage (F&B) arm of the UAE-based LuLu International Group, has announced a franchise agreement with Galito's, a South African restaurant chain. The exclusive franchise agreement mandates TFC to develop the Galito's brand across West Asia, India and Sri Lanka. Since its inception in 1996 in South Africa, Galito's has expanded its operations to develop a strong market presence in the rest of Africa and Canada.
In the UAE, the Group is actively looking at strategic locations to open its outlets, and is set to launch its first restaurant in the country in the fourth quarter of 2014. TFC aims to invest over 55 million United Arab Emirate Dirham (AED) towards the launch of 15 outlets in the UAE within the next four years. In India, TFC plans to invest $10 million to launch 10 outlets in the next five years.
