There is a huge demand for web-available information for restaurants around several cities in the country. Become an end-to-end food service provider by starting your own website and acquiring a logistics team. You would basically be catering to all the customer needs: detailed information of restaurants, food ratings and reviews, bookings and reservations, buffet reviews and most importantly food delivery.
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Is this for me
- Strong marketing skills to convince restaurants
- Acquiring a strong local logistics team
- Tech knowledge to start the website
Insight
“At TastyKhana we were able to identify our market by finding out the restaurants who were interested in us. We talked to a lot of them to know if they are interested in outsourcing their logistics to reduce their effort. And we hit gold in the fine dining industry,” Sheldon D’Souza, TastyKhana.
How it was done
TastyKhana evolved to become a huge success, even though the entrepreneurs behind the idea did not have any food related background, because of the keen interest they took in organizing parties and lunches during their corporate lives. It started as an information site which gave listings of restaurants around the city and over time it grew over time to become an end-to-end food service provider by starting delivery services from its associated restaurants to its customers.
Investment - Rs 10-15 Lakh
Avg. Break even - 3-4 years
Margin - 70%
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