A Frenchman who got here to India to pursue enterprise research has cooked up a rare success story in Bengaluru’s meals scene.
Nicolas Grossemy, the founding father of a preferred meals chain in Bengaluru. (Instagram/Nicolas Grossemy)
Nicolas Grossemy, the founding father of the gourmand sandwich chain Paris Panini, has constructed a ₹50 crore empire. His journey from a pupil to a meals entrepreneur was lately spotlighted in a YouTube video by GrowthX, providing a glimpse into what it takes to create a thriving meals enterprise in India.
Within the video, Grossemy says he comes from a modest background in France, the place each his dad and mom have been lecturers. Rising up, Nicolas developed a ardour for cooking whereas serving to his mom within the kitchen—a humble starting that will ultimately encourage his entrepreneurial journey.
On the age of twenty-two, Nicolas moved to India to pursue his grasp’s diploma. A lifelong lover of bread and sandwiches, he remembers how sandwiches have been a staple of his childhood meals. This ardour grew to become the inspiration for his deal with creating gourmand sandwiches, which set Paris Panini aside in India’s meals scene.
Nicolas believes within the energy of product-centric branding. He advises aspiring meals entrepreneurs to decide on a model identify that straight displays their product and resonates with their target market.
“Your brand name should make people associate with what you offer instantly,” he says, highlighting the significance of readability and relatability in constructing a robust id.
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Economics of a meals outlet
Grossemy additionally shares worthwhile insights into the economics of operating a meals enterprise, breaking down the fee construction for aspiring entrepreneurs. Based on him, meals prices usually account for 28 per cent of bills, hire takes up 10 per cent, labor constitutes 15 per cent, administrative prices are round 10 per cent, and advertising bills fall between 5-10 per cent. This leaves a revenue margin of roughly 15 per cent, Nicolas provides.
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