Innovative Indian concept poised to expand franchise beyond Chicago market
Chutney Joe’s Indian Dinerâ€© HEADQUARTERS: Chicagoâ€© SEGMENT: fast-casual Indianâ€© NO. OF UNITS: 2â€© AVERAGE CHECK: $9.85â€© ANNUAL REVENUE: approximately $650,000 in flagship storeâ€© LEADERSHIP: Vijay Puniani, founder and chief executive; Aatish Puniani, vice president of franchise developmentâ€© YEAR FOUNDED: 2009â€© METHOD OF GROWTH: franchisingâ€© TARGET MARKETS: Chicago, New York and Washington, D.C.â€© FOOD COST: 25 percent at flagship, 28 percent at food courtâ€© LABOR COST: 20 percent at ...
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