Evolving Palate Inc dba desi contemporary Indian casual & Gabru bar

Raising $5m For Strengthening & Fueling Growth for F&B Concept Using Hub & Spoke Model

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Summary
Desi Contemporary is a modern casual Indian restaurant featuring Indian Street food with global influences. Discover Bold and Flavorful Cocktails at Gabru Bar: Elevate Your Mood!

Business
Desi Contemporary Indian Casual & Gabru Bar is a trailblazing restaurant concept that is redefining the dining experience. Desi is a modern casual (innovative new segment in eateries) restaurant featuring contemporary Indian Street food with global influences. Our flavors are firmly rooted in Indian food, with influences from around the world, resulting in adventurous, delicious dishes.

We believe that the world’s cuisines are more similar than different, and we celebrate how various signature dishes, worlds apart, have striking similarities—starting in December 2019 right in the heart of Silicon Valley and the Bay Area. Our primary location is in between Pruneyard shopping center and Downtown, Campbell in the San Jose area.

Market
The Indian Food & Beverage Industry is still lagging behind in the US while other cuisines have taken off. We want to bridge this gap while bringing innovation and using technology + data to advance the standards of the Indian F&B industry by building this modern chain of elevated contemporary-fast-casual restaurants both in food and operational excellence.

The fast and contemporary casual restaurant market size is set to grow by $186B accelerating at a CAGR of 12.41%. With 44% of the growth originating from North America, the US holds a massive market potential. Desi intends to capture market share using our existing infrastructure and limited competition.

Desi has struck a chord with patrons, and our numbers speak for themselves. Our sales continue to grow by over 30% year-on-year, and haven't even been slowed down by a global pandemic!

Traction
Revenue in the last 12 months: $1.5M+
Online website sales revenue: $200k+
Annual YOY growth rate: 30%
Gross profit 70%+ & net profit 15%+ of revenue
Delivery vendor partnerships: 15
Number of customers served: 50K
Average check price: $15-$20

PATH TO GROWTH | USE OF FUNDS
Launch a chain of contemporary casual outlets via the hub & spoke model (franchising & company  outlets)

Highlights
2x annual revenue since opening in 2020- $1.5M+revenue in last 12 months
Multiple revenue streams with a 30% annual year-over-year growth rate
Massively underserved market with the popularity of Indian food growing rapidly
Franchising along with hub &spoke strategy to scale with standardization
Featured on National TV - CBS and international magazines- Lux, Flavors

Conclusion
This is a unique opportunity to be part of a thriving industry, capitalize on untapped market potential, and contribute to the future of innovative hospitality and dining experiences by leveraging automation, technology, and people. 

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Evolving Palate Inc dba desi contemporary Indian casual & Gabru bar is no longer seeking funding.