Potbelly Corp Partners With Kwals Group To Open 20 Outlets In India

US-based sandwich restaurant chain Potbelly Corporation signed a franchise agreement with Kwals Group to open 20 outlets in India by 2022.

Company opened its first outlet in cyber hub, Gurugram. The restaurant specialises in sandwiches, salads, soups, shakes, malts, smoothies and plans to break-even within a year.

Kwals Group Managing Director Sameer Lamba said “We have plans to open 20 outlets in the next five years with an investment of Rs 1 crore per outlet. Reason to enter India was its high population of millennials and food enthusiasts. The group has set a target of reaching a turnover of around 20 crores by 2020.”

Potbelly Corporation is a neighbourhood sandwich concept serving for more than 40 years.

Kwals Group has shortlisted various locations in different cities so as to open 5 outlets by the end of 2018.

Group is a premium food service company involved in operating and managing food courts for office complexes and malls. It currently has 26 food courts and over 50 signed food courts due to open in a span of 6-8 months.