Saturday, October 07, 2017

Mumbai Boys quit there job and Make 4.4 Crores A Year by Selling Vada-Pav To London

Mumbai: In 2010,  Sujay Sohani lost his job as food and beverage manager at the five-star hotel where he worked. With the chances of survival looking poor,  he has no option to start his own business then  he approached Subodh Joshi, his classmate at Bandra's Rizvi College in 1999 , for help. Sujay Sohani told Joshi that he didn’t even have enough cash for buying a vada pav.

              Finding a good spot in a very low budget was a challenge. After a lot of research , an  ice-cream cafe allowed them to set up their new business in return they need to pay  the owner monthly rent of ₹35,000. Then they together started a vada-pav stall .
 
              They began selling their vada pav for 1 pound (₹80) and Dabeli, another Indian snack, for 1.50 pounds (₹131). But they didn't get any profit from that or we can say , the profits were almost negligible.
They concluded that it was the time to introduce their products in the market by giving a free meal as an advertisement .
Seven years later, they have earned an annual turnover of 5,00,000 pounds (₹ 4.39 crore, approx) by selling the perfect quick-fix snack to Londoners.

Presently, Sujay Sohani and Subodh Joshi have 35 people including, Indians, Romanians and Polish staff, working for them across three branches and their annual turnover touches a whopping ₹4.40 crore. 
Their annual turnover of Rs 4.40 crores is giving everyone major business goals.

Adsense