Wednesday, March 2, 2011

The Monk restaurant on expansion mode

Mar 01, 2011

The Monk restaurant has recently opened its first franchise outlet in Delhi. The 2,450-square feet at DLF Place, Saket is The Monk's second outlet in NCR -- the maiden restaurant is located at The Galaxy Hotel and Spa in Gurgaon.

The company has invested close to Rs 2.5 crore on the Saket outlet, which has a seating capacity of 80, and expects the average bill size to be around Rs 1,200 (excluding taxes) for two people, reports IndiaRetailing.

Asad Islam, CEO, Great Indian Hospitality Company, which runs The Monk, said, “We are currently in the process of opening the restaurant at TDI mall-Rajouri Garden in Delhi and Golf Course Road in Gurgaon. After this, we will open an outlet in Mumbai in the next three months.”

He further informed the company plans to take its restaurant to Bangalore and Hyderabad in South India.

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