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Speciality Restaurants to open 16-18 restaurants in current fiscal

23 Jun 2014 Evaluate

Speciality Restaurants is planning to open 16-18 restaurants in the current fiscal. The company has a strong balance sheet with cash at disposal for expansion. It has Rs 100 crore plus cash on its books.

It is also looking at inorganic expansion and is in talks with international chains that are not a part of its vertical. It is starting to enter the UAE market and Doha.

Speciality Restaurants focuses on providing the guests an affordable fine dining experience with quality food and service in a modern ambience. Speciality restaurant chain comprises brands like Mainland China, Oh! Calcutta and Global Grill (including Sigree and Machan).

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