Rameshwaram Cafe, a popular eatery in Indiranagar, Bengaluru, is making waves for its impressive revenue generation. The cafe has been attracting huge footfalls, but the real surprise lies in the fact that it is earning a massive amount of money on a monthly basis. According to co-founder of B2B marketplace Udaan, the cafe mints Rs. 4.5 crore in business every month.
Credits – Times Now
Speaking on a podcast, the Udaan co-founder stated that Rameshwaram Cafe cuts around 7,500 bills a day, with one store that is hardly 10 by 10 or 10 by 15 square feet in size. The cafe reportedly earns around Rs. 50 crore a year, with decent margins of around 70% gross margins.
The revelation was made during a discussion about Quick Service Restaurants (QSRs) and their performance in India. The discussion took place on Zerodha founder Nikhil Kamath’s podcast, “WTF is E-commerce,” which also featured Future Group founder Kishore Biryani and Meesho co-founder Vidit Aatrey.
Credits – Justdial
Rameshwaram Cafe has gained a reputation for serving authentic south Indian food, particularly for breakfast, and has managed to retain the essence of traditional south Indian cuisine amidst Bengaluru’s increasing multiculturalism. The cafe has been in the news in recent months, mainly due to traffic problems caused by its popularity.
Despite the traffic issues, Rameshwaram Cafe remains a top choice for food enthusiasts, and its impressive revenue generation is a testament to its popularity.
