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By Nithyakala Neelakandan
Published on May 17, 2024
CYK Hospitalities, an F&B consultancy firm, is making waves in the Quick Service Restaurant (QSR) sector with its strategic leasing initiatives. As urbanization in India surges, the QSR industry experiences unprecedented growth, welcoming both local and international players into the market. CYK Hospitalities recognized this potential early on, positioning itself as a key player in facilitating the growth and expansion of QSR brands.
Simranjeet Singh, Director of CYK Hospitalities, emphasizes the crucial role of location in the success of QSR brands amidst India’s rapid urbanization. Specializing in location mapping, legal documentation, and lease finalization, CYK Hospitalities has enabled over 30 QSR brands to establish their presence across diverse locations, including major cities like Delhi, Bengaluru, Gurugram, and Agra.
Collaborating with prominent names in the F&B industry such as The Waffle Company, Burger King, and Rage Coffee, CYK Hospitalities has solidified its reputation as a trusted partner for QSR expansion. The firm's recent venture into beauty brands, including Lovechild by Masaba, further diversifies its portfolio, showcasing its adaptability and industry expertise.
Pulkit Arora, Director of CYK Hospitalities, said “The QSR industry has come a long way in India and its remarkable 17% growth in India reflects the major shift in food trends and urban expansion. Across borders, strategic leasing remains the cornerstone for QSR success, offering prime locations that fuel profitability and customer engagement. At CYK Hospitalities, we are committed to empowering our clients with tailored leasing solutions that unlock prime locations and drive profitability. Our relentless pursuit of excellence ensures that we remain at the forefront of shaping the future of the F&B industry.”
Nidhi Singh, Co-founder of Samosa Singh, said “CYK Hospitalities’ expert service in leasing has been instrumental in identifying ideal locations for our brand in Bengaluru. Their valuable insights and thorough research is commendable. We anticipate a long and fruitful association with them!”
As CYK Hospitalities continues to strengthen its leasing portfolio, it remains at the forefront of driving QSR expansion in India, unlocking opportunities for growth and innovation in the dynamic F&B landscape.
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