
Success story: If you are fond of idli, sambar and masala dosa, then you must have seen Sagar Ratna Restaurant or heard about it. Sagar Ratna Restaurant South Indian is famous all over the country for food. Sagar Ratna has more than 100 restaurants across the country and its business is around ₹ 300 crore (about 3 billion dollars). The success story of this famous restaurant owner is very interesting. Jairam Banan’s struggle and success story will definitely inspire millions of young entrepreneurs. Before becoming the owner of more than 100 restaurants, Jairam Banan used to wash utensils in a hotel. But today he is handling a business empire of ₹ 300 crore (about 3 billion dollars). Let us tell you how Jairam Banan has achieved this position.
Left school at the age of 13
Jairam Banan, who grew up in an ordinary family in Udupi, Karnataka, crossed many difficulties to achieve this success. According to a DNA report, he left home at the age of 13 after failing the school examination. At that time, he had some money from his father. Jairam Banan moved to Mumbai in 1967 in search of work. He started washing the utensils at Rs 18 per month in a restaurant.
Learned his talent in Delhi in Mumbai
After spending a lot of time in Mumbai, Jairam came to Delhi in 1974. Here he took the management of a canteen in his hand. Then 12 years later in 1986, his career took a significant turn. Jairam Banan opened the Sagar restaurant. On the very first day of opening, the restaurant sold Rs 408. After the immense success of this restaurant, Jairam opened another restaurant named Sagar Ratna in Lodhi Market, Delhi.
Crores of business spread abroad
After this Jairam Banan continued to expand his restaurant series. Today Sagar Ratna has more than 100 restaurants across the country. Apart from this, Sagar Ratna restaurant is also in many big cities of North India through the company’s franchise outlets.
Open luck of the person overnight, a millionaire became in one stroke, know how?
The post Jayaram Banan: What a shame in the business! The owner of the utensils became the owner of 100 restaurants, now the business of 300 crores appeared first on Latest.
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