Founder sees growth opportunity for fast-casual Indian concept
Chutney Joe’s, a fast-casual Indian restaurant in Chicago with a format similar to Chipotle or Panda Express, plans to begin franchising, founder Vijay Puniani said. Puniani said he expected the first few franchise agreements to be finalized in the next few weeks and projected five to 10 pacts signed in 2010 with 30 to 40 to follow next year. Puniani put a conservative growth estimate for the company at around 120 units over the next five years, and he acknowledged that introducing ...
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