GFA: plans to invest twelve million USD in India

Geneva / CH. (gfa) Global Franchise Architects (GFA) has eight brands in its portfolio with over 200 stores. Its brands are represented in nine countries – USA, Thailand, India, UAE, China (Hainan), Indonesia, Bangladesh, Reunion Island, and Burma.

The Company´s portfolio consists of Coffee World, Pizza Corner, New York Deli, the Cream + Fudge Factory, Conizza, The Donut Baker, Golden Pretzel and Stone Fire Pizza Kitchen.

«We are looking at five Donut Baker outlets in Bangalore in the next 30 days and 20 outlets in a few months. Depending on our experience here, we will start planning a pan-India rollout», said GFA-Chairman and CEO Fred Mouawad to local Indian newspapers some days ago. «Indians have developed a taste for newer and different foods. I have done zero research whether we can do good business here, but I know for sure consumers in India are now more eager to adopt things quickly. The Indian market is becoming hotter by the day. The market is opening up and Indian consumers are ready to experiment across all age groups», the CEO said.

The company, which entered India in 1996 with the first Pizza Corner outlet in Chennai, is planning 15 more outlets across the country in the next couple of years and ten more Coffee World stores. Currently, GFA has 52 Pizza Corner outlets and over ten Coffee Worlds in India spread across major cities.

In the next three to five years, the company plans to invest twelve million USD in India. The subcontinent accounts for 40 percent of its global revenue and the company has been registering a growth of 40 percent year-on-year.