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