The brand plans to expand the presence in the tier 2 cities in India with the new aggressive expansion plan in Lucknow, Pune, Patna, Muzaffarpur, Kozhikode, Palakkad, Jamshedpur, and Mumbai.
The addition of Twin Peaks, including the new stores due to open and under development, is expected to increase the Company’s post-COVID normalized EBITDA by approximately $25 to $30 million.
In comparison to the pre covid per-day order registration tally, the brand has recovered to almost 75 % already. Wat-a-Burger to open 30+ outlets by end of FY2021, eyes South India
This chain of dynamic burger joints in India, is intending to speed up its extension in Chandigarh, Kanpur, Lucknow and Hyderabad with 50+ outlets by the end of 2021.