vada pao presentation
TRANSCRIPT
VADA PAV ADVENTURES
GOLI V/S JUMBOKING-COMPARISONS
Started in 2004
Started in 2001
224 Outlets
53 Outle
ts
StatesMaharashtra,Karnataka,Tamil Nadu,
MP,Chattisgarh,
UP,AP,
Delhi,NCR,
Gujarath
StatesMaharashtra,Karnataka,
MP,Chattisgarh,
Delhi,Gujarath
FY 13 Revenue
25 Crores
FY 13 Revenue
17 Crores
ORIGIN
Founders
Venkatesh Iyer
Shivadas Menon
Initial Investment
One Crores
Founders
Dheeraj Gupta
Reeta Gupta
Initial Investment
Two Lakh
Venkatesh Iyer
Shivadas Menon
What’s making Goli/Jumboking open outlets easier
GOLI/JUMBOKING
Take-away/stand-eat-and-go customers
Staff size is three or four people
Fast Foods Restaurant like McDonalds,Pizza
Hut,Dominos,KFC
Air-ConditioningSeating
arrangements
More staff to attend customers
Minimum store size
INVESTMENT
FACTOR
1)Jumboking sources 80% of its patties from Tasty Bites in Pune and 20% from Vista Processed
Foods2)Vista Processed Foods,a
subsidiary of OSI Inc makes the McDonald
burgers across the world3)While the Mayonnaise
comes from Bector Foods
1)Goli sources its patties from Vista Processed
Foods2)While the Mayonnaise
comes from Unilever
Supply Chain Management in GOLI/JUMBOKING
Supply Chain Management(SCM)of
both ‘GOLI & JUMBOKING’is
completely outsourced
Jumboking has 4 cold rooms in
Mumbai,Bengaluru,Indore & Delhi
Goli has 15 cold rooms across location such as
Bengaluru,Nashik & Delhi
Perishables such as the ‘Pav & Chutneys’ are sourced
locally at Both firms
Market Size
The market for Chain Restaurants according to Technopak,is $ 2.5 Billion with Quick Service Restaurants(QSR)accounting for half at $ 1.1 Billion
At the projected Market Size of $ 8 Billion in 2020,QSR are expected to be as large as $ 4.2 Billion
Concept of Food StandardizationIt is a fact that no regional food has made it big as a national brandThough Idli & Vada have made it,there is no PAN India chain dedicated to them
Indian Foods have regional variations that make it harder to standardize themWhile Global Chains like McDonald,Subway,Dominos have one base dish either Burger or PizzaIndian consumers are not willing to spend much on Indian FoodsIt is the Global Brands that have an aggregate 63% share of domestic Food Market
Positioning -The Vada Pav has found appeal outside Maharashtra
since it is positioned as Mumbai’s favorite food. People are curious since they may not have had it but are familiar with the name
Acceptability -Potato as a vegetable has very high acceptability
across India.It is being used in paranthas,chips & bondas
Success Factors (GOLI & JUMBOKING)
• Jumboking opens its first outlet
• Jumboking has started experimenting with franchising and now has 6 operational outlets.
• Jumboking has 15 operational outlets.
23-08-2001 to23-08-2005
• Jumboking receives award for New Concept in Franchising.
• Jumboking receives award for Innovative Franchisee model.
• Featured by BBC as one of Asia’s most innovative business models.
• Jumboking becomes a case study by knowledge@Wharton
• Jumboking`s MD Dheeraj Gupta invited to be on the jury-ET Retail Awards
2007 To2010
• Jumboking gets invited to the retail leadership summit 2011
• Jumboking ranked among the top 100 Franchise opportunities of the year 2011 in India
• Jumboking sells nine crore Vada Pavs, MS Dhoni becomes our 9 croreth customer
• Jumboking upgrades to a international Frozen Products Supply Chain
• Jumboking goes national with the launch of its expansion program in 18 new cities across India
• Jumboking receives award for Best Indian QSR Chain
2011 toSeptember
2013
JUMBOKING-A SUCCESSFUL JOURNEY
GOLI VADA PAV
GOLI SABUDANA VADA
GOLI PALAK MAKKAI TIKKI
GOLI CHEESE UNGLI
GOLI MIX VEG VADA PAV
GOLI SCHEZWAN VADA PAV
GOLI CHEESE VADA PAV
GOLI TIKKI VADA PAV
GOLI MASALA VADA PAV
GOLI OFFERINGS/MENU
REGULAR COMBO
BUTTER GRILL COMBO
TANDOORI PANEER COMBO
SCHEZWAN COMBO/CHEESE
GRILL COMBO
VEG CRISPY/CHEESE
COMBO
CORN PALAK/CHEESE COMBO
JUMBOKING OFFERINGS/MENU
JUMBOSA
Anup George RebelloAsst.Manager
The Catholic Syrian Bank Ltd