From earning Rs 150 a month to running a Rs 30 crore business, here’s the story of Prem Ganapathy’s Dosa Plaza
Think Change India
16 march 2016
Editor - himansu sekhar samal
By 1992, Prem had managed to save up enough to rent his own handcart. He started selling idlis and dosas on the street opposite Vashi railway station. “I borrowed some money from friends and rented a handcart for Rs 150. It was really difficult in the initial days. Many times, the municipality vans used to come and pick our handcart. But I was very positive and determined. I never gave up hope,” Prem told Rediff in an interview.
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Prem was lucky to have some very educated roommates who helped him
learn how to use a computer. “I took a break of two hours every evening
and spent the time surfing at a cyber cafe. I used to read about various
businesses and learned quite a lot. My brothers also played a crucial
role in making the business a success,” he says. After witnessing the
success of a McDonald’s restaurant which started beside his cart, Prem
soon decided to venture out and start his own restaurant.In 1997, Prem leased a small space for Rs 5,000 a month nearby and named it Prem Sagar Dosa Plaza. His business grew as he started experimenting with dosas. In the first year itself, he introduced 26 different varieties of dosas, included Schezwan dosa, paneer chilly, and spring roll dosa. By 2002, his stall offered 105 different varieties of dosas. The time seemed right for expansion.
“My luck turned the day Centre One mall decided to open up in our vicinity. Its management team and staffers had often dined at our restaurant and enjoyed our fare. They suggested that we set up an outlet in the mall and we happily complied,” Prem says. Soon he started receiving franchise requests, including some from abroad. To date, Dosa Plaza operates 45 outlets in India and seven international outlets in three countries, i.e. the UAE, Oman and New Zealand.
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