Makers of Milkshakes enter US market
Citybased Makers of Milkshakes, a milkshakes and thickshakes brand, said it recently entered the US market by opening its first outlet in California...
Hyderabad: City-based Makers of Milkshakes, a milkshakes and thickshakes brand, said it recently entered the US market by opening its first outlet in California. The startup plans to foray into other countries as well. We have been receiving many enquiries from Dubai, Australia, Canada, Singapore and other GCC countries, said Rahul Tirumalapragada, Founder, Makers of Milkshakes.
“Most of the international deals will seal by march,” he added. Started its journey in 2013 with its first outlet on Hyderabad-bangalore highway, the company has 80 outlets in across Telangana, Andhra Pradesh, Karnataka and Tamil Nadu. Of 80 stores, 78 are run by franchises.
It manufactures 105 top most varieties of healthy shakes, signature shakes, American classic, fruit shakes, premium shakes, cookies and bars, banana creations, special shakes and frappe. Its price range is Rs 140-250.
He further said the company would have 100 stores by December end and 200 by 2019 end. On revenues front, it clocked Rs 25 crore and has a target of Rs 40 crore for the current financial year. Currently, 300 employees are working in MoM outlets, the company said in a release.