- Founder: Randhir Raj Singh & Tarunpreet Singh
- Business: QSR
- Ask: ₹70 Lakhs for 1% Equity
- Valuation/ Networth: ₹70 Crores
- Funding: ₹1.4 Crores for 6% equity plus 1% royalties
- Sharks: Anupam Mittal, Peyush Bansal & Vineeta Singh
- Episode: Season 4 Episode 18
Gabru Di Chaap Shark Tank India Pitch:
Gabru Di Chaap is a premium Soya Chaap Quick service restaurent(QSR) chain. They serve soya chaap-based Kababs, Biryanis, Burgers, sandwiches and more. The founder’s vision was to disrupt the food market with taste, quality, standardization & hygiene standards. On Shark Tank, they sought an investment of ₹70 Lakhs for 1% equity valuing the business at ₹70 Crores.
Gabru Di chaap’s Revenue & Financials during Shark Tank India:
Gabru Di Chaap was started in 2019 from 1 80 square foot store. At the time of their pitch, they were available in 4 cities and 25 outlets. 66% of the company’s revenue comes from Dine-in and the rest is their online business. 6 of those outlets are company owned and operated and the rest are franchises.
Gabru Di Chaap made a revenue of ₹1.09 Crores in their first financial year with an EBITDA of ₹21 Lakhs. This was followed by ₹0.9 Crores with EBITDA of ₹3.3 Lakhs, the founders added that the sales decline was due to covid-19. In FY21-22, The brand made a revenue of ₹2.09 Crores with ₹21 Lakhs EBITDA and ₹4.18 Crores with ₹24 Lakhs EBITDA in FY22-23. They closed their last financial year with ₹7.38 Crores with ₹71 Lakhs in EBITDA.
Gabru Di Chaap has made a revenue of ₹94 Lakhs in September 2024. For FY24-25, The brand has made a revenue of ₹4.8 Crores by September. The founders added that moving forward they are only focusing on opening Company operated stores due to issues with staffing and quality.
Gabru Di Chaap needs ₹30 Lakhs of CapEx to open a mall store. The annual sales for that store is on average at ₹1.5 Crores. They made ₹30 Lakhs EBITDA on those stores annually. The payback period for that store is 1-1.5 years.
For Unit Economics, Food costs come to 26%, packaging takes 4% leaving them with 70% gross margins. Their aggregator costs come to 6%, rent takes 30%, utilities costs are 4% & salaries take 10% leaving them with 20% EBITDA.
The brand is focusing more on the premium market so their pricing is a bit higher than the usual stores. The company was completely bootstrapped at the time of their pitch. The founders were planning to raise a round of ₹6 Crores out of which they commitment of around ₹1.5 Crores.
Gabru Di Chaap Shark Tank India Negotiations & Funding:
Kunal went out of the deal due to this being a single-item business. Aman went out for to same reason as well. Vineeta offered ₹70 Lakhs for 2% but with a royalties of 2% until she makes 1.5X of her investment back.
Peyush offered ₹70 Lakhs for 5% equity, valuing the business at ₹14 Crores. Anupam offered ₹1.4 Crores for 6% and 1% royalties until he makes his money back. The founders takes a moment to think and comes back to the counter at ₹70 Lakhs for 3% equity. Anupam countered with ₹1.4 Crores for 6% but with 1% royalties until they make their investment back. The founders accepted that deal and they shook hands on ₹23.33 Crore valuation.
Who are the founders of Gabru Di Chaap?
Randhir Raj Singh & Tarunpreet Singh founded Gabru Di Chaap.
How is Gabru Di Chaap doing after Shark Tank India?
Our research in the Gabru Di Chaap revealed that while they did get a deal on Shark Tank India, Whether that deal closed is still unclear. we will update this article once that information comes to light, in the meantime, you can check out shark tank products by clicking the Amazon button below!
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