Your Barbeque Nation franchise must enter into a legal standard agreement to get the franchise. The agreement is for 9 years and renewable mutually among the parties of the business. An individual owning the franchisee has to pay a franchise fee of Rs. 25 lacs to begin the franchise.
Full Answer
Is Barbeque Nation profitable?
Yes, There hasn't been a single BBQN outlet closed in the past 14–15 years. This demonstrates how profitable it is to operate a BBQ business. Barbeque Nation was rated as the 13th best company to work for in India.
Should we invest in Barbeque Nation?
We recommend a "neutral" rating to the IPO," Angel Broking said. Unlike the Jhunjhunwala-backed Nazara, which is a key player in Indian mobile gaming market and is a beneficiary of Covid-19, Barbeque Nation does not hold any material market share.
Who owns Barbeque Nation in India?
9) Promoters, Shareholding and Management The promoters of Barbeque Nation Hospitality are Sayaji Hotels, Sayaji Housekeeping Services, Kayum Dhanani, Raoof Dhanani and Suchitra Dhanani. Promoter and promoter group's shareholding stood at 47.80 percent and the rest is held by public shareholders.
Who is the CEO of Barbeque Nation?
Rahul AgrawalYou can view name of Chairman, CEO, CFO, Management Team, Board of Directors and Key Executives of Barbeque-Nation Hospitality Ltd....PREMARKET.ManagementRahul AgrawalWholeTime Director & CEORaoof Razak DhananiNon Executive DirectorRevathy AshokIndependent DirectorSuchitra DhananiNon Executive Director8 more rows
Is Barbeque Nation in losses?
On Monday, Barbeque Nation Hospitality Ltd, an Indian chain of casual dine-in and buffet restaurants, reported a net profit of Rs 16.02 crore for the June quarter of 2022. A year ago, the company reported a net loss of Rs 43.85 crore in the April-June period.
Which company buy 10% stake in Barbeque Nation?
Jubilant Foodworks LimitedBhartia, Co-Chairman, Jubilant Foodworks Limited said, “We are happy to announce our investment in Barbeque Nation – a differentiated, casual dining restaurant brand of scale with strong unit economics.
Which company grill is best?
The Best Grill Brands for Every GrillmasterWeber. You may associate Chicago with deep-dish pizza (and rightfully so), but the city is also a barbecue town. ... Char-Broil. Courtesy. ... Camp Chef. Courtesy. ... Kamado Joe. Kamado Joe. ... Masterbuilt. Courtesy. ... Oklahoma Joe's. Courtesy. ... Char-Griller. Char-Griller. ... Coleman. Courtesy.More items...•
What is the turnover of Barbeque Nation?
Profit & Loss - Rs (in Crores)Mar'22Mar'2012Months12MonthsINCOME:Sales Turnover761.05787.05Excise Duty.00.0031 more rows
What was the IPO price of Barbeque Nation?
₹498 to ₹500 per shareBarbeque Nation IPO DetailsIPO DateMar 24, 2021 to Mar 26, 2021Listing DateWednesday, April 7, 2021Face Value₹5 per sharePrice₹498 to ₹500 per shareLot Size30 Shares6 more rows
Who invested in Barbeque Nation?
Who invested in Barbeque Nation Hospitality ? Barbeque Nation Hospitality has 15 investors including HDFC Mutual Fund and Aditya Birla Sunlife Mutual Fund .
Who is brand ambassador of Barbeque Nation?
Along with that, Veer Kataria is a Brand Ambassador of Barbeque Nation. Veer Kataria was born on 21 August,2002 in India, is a youngest influencer . At a very young age he has gained a lot of brand endorsements. It's a great achievement for everyone who shaped his talent .
Why is barbeque nation so famous?
One of the leading casual dining chains in India, Barbeque Nation pioneered the concept of “over the table barbeque” live grills embedded in dining tables – allowing guests to grill their own barbecue's right at their tables. Barbeque Nation was founded in 2006 with the concept of 'all you can eat'.
Who invested in Barbeque Nation?
Who invested in Barbeque Nation Hospitality ? Barbeque Nation Hospitality has 15 investors including HDFC Mutual Fund and Aditya Birla Sunlife Mutual Fund .
Is Barbeque Nation IPO good?
Recommendation on Barbeque Nation IPO: The IPO is priced at an attractive valuation as compared to listed players in the chain restaurants. Moreover, company has shown excellent growth in the last 5 years.
Why is Barbeque Nation share price rising?
The company share of revenue from digital platforms increased to 24.7 per cent in q4FY21 from 20.1 per cent in the corresponding period a year ago. The management of the company said that gradual opening of the economy and reopening of outlets had helped it increase sales from dine-in and delivery channels in Q4FY21.
Why Barbeque Nation share price is increasing?
In July-September quarter (Q2FY22), Barbeque Nation reported a strong 190 per cent year-on-year (YoY) growth in revenue from operations of Rs 221 crore, as strong recovery in dine-in business with easing of restrictions and gradual reopening.
Are the staff members provided or suggested by the Barbeque Nation?
No, you have to find your own staff, the brand would provide them with training.
What is the royalty fee that is asked by the brand?
The brand asks for an 8 % royalty fee of the total sales.
What is the term period of Barbeque Nation Franchise?
The term period of the Franchise agreement is for lifetime basis.
Is Barbeque Nation Franchise profitable?
Since the establishment of brand, not even one outlet has closed its operations, hence it is a very profitable business.