The owner of a Chinese takeaway chain could facilitate significant investment in new catering equipment if he is successful with plans to open more than 100 franchise outlets.
Bristol-based Hotcha has hired leading independent franchise consultancy Platinum Wave to help it develop a UK franchise network over the next five years.
The chain, which serves freshly-made Chinese dishes for collection or delivery, was founded two years ago by entrepreneur James Liang, who had a vision to create the UK’s first national Chinese takeaway brand.
There are currently nine company-owned Hotcha stores in the UK, spread throughout Bath, Bristol, Stroud and Swindon, with three more set to be opened in the coming months.
The company aims to open one owned store per month on average in future with the ultimate goal of listing within the next few years.
Suzie McCafferty, managing director of Platinum Wave, said: “Hotcha has a brilliant business model, which it has proven in its existing outlets. They have a very slick centralised food preparation, call centre and operations infrastructure, which means franchisees do not have to have Chinese cooking experience.”
Hotcha recently appointed Andy Emmerson as a non-executive director. He boasts a wealth of experience in the franchise sector having formerly served as business development director for Domino’s Pizza, managing director of Millie’s Cookies and international brand director at Upper Crust.