Bangkok-based Mango Tree Worldwide Group plans to open 100 outlets by 2015, and is expecting its annual turnover to double to USD 100 million within the next two years. A Mango Tree outlet is set to open in Washington in September this year followed by key locations in China.
In India, the Group recently opened a new standalone Mango Tree Bistro bar, the 41st franchised outlet (and first of its kind in India). According to Trevor Mackenzie, Managing Director, Exquisine System, a company that brings extensive International experiences and resources in restaurant franchise management, the next bistro bar will come up in Mumbai, followed by three other cities. Mango Tree outlets range between 500 to 1,000 sqft and are located at prime areas. A franchise requires an investment of USD 300,000.
Mango Tree has 22 outlets in Japan, 3 in London, 18 in Bangkok, 18; and two in Jakarta (opening the second one soon).