Nothing Before Coffee (NBC), a takeaway beverage coffee specialty chain has launched 10 new outlets in the second quarter of the financial year (FY) 2023. The start-up presently operates more than 40 stores across the country.
The new outlets include multiple locations like Hyderabad, Raipur, Ajmer-2, Kota-3, Alwar, Krishna Nagar-New Delhi and Gurugram. The company has claimed in a statement that these new outlets are designed to offer customers a comfortable ambiance, friendly service, and an extensive menu of coffee beverages to suit diverse tastes.
The company registered significant growth in this quarter. It witnessed a 23 per cent jump in growth compared to its performance in the previous quarter.
In the coming time, NBC is looking to expand its footprint across the country. It has signed an exclusive collaboration agreement with Building Brands for Tomorrow (BBFT). Through this partnership, BBFT will accelerate the overall expansion of Nothing Before Coffee’s franchise network in India.
"We are thrilled with the tremendous response we have received from our customers, said Anand Jain, Founder & COO of Nothing Before Coffee.
“As Nothing Before Coffee continues its strong demand in the Indian Coffee Beverage market, achieving the best Q2 sales & the opening of 10 new outlets. Additionally, we are excited to unveil our highly anticipated flagship store, strategically located at the heart of Delhi – Connaught Place which is under progress and we're super excited to open its doors to the public” “We are thrilled to announce our ambitious plans for aggressive expansion in Delhi/NCR and neighboring regions such as Punjab, Chandigarh, Jammu, and other parts of North India. There is a significant untapped market for affordable coffee segment brands in these areas and we'll continue to penetrate it since it remains a lucrative opportunity for investors in the franchising domain.” said Rohit Singh, Founder & CEO of Building Brands For Tomorrow ( BBFT),” he added.