Most of the startups fail within the first three years due to a lack of strategic planning. In a world where making the right moves can make or break a business, having expert guidance is invaluable. Enter HBS-Hospitality Business Solutions, a company transforming the landscape of cinemas and quick service restaurants (QSRs). Based in Gurugram, HBS is all about bringing Tier 1 city experiences to Tier 2 and Tier 3 towns, making high-quality cinema and QSR experiences accessible and affordable.
Meet the Visionaries: Amit Rao and Rajesh Kumar
Amit Rao and Rajesh Kumar, the dynamic duo behind HBS, have been partners in the entertainment and hospitality industry for close to 15 years. With over 20 years of experience each, they have held significant roles like Operations Head, HR Head, and General Manager at companies such as PVR Cinemas, SRS Cinemas, and Reliance Communications. Their combined expertise and synergy led them to co-found HBS on May 12, 2023.
“Timing had to be perfect!” says Amit, reflecting on their journey together. Their shared vision and deep understanding of the industry have been the driving forces behind their success.
The Birth of HBS: A Journey of Passion and Persistence
HBS was born out of a mission to democratize the cinema operating business and create accessible, affordable QSR models for a broader audience. Recognizing a significant gap in the market for professional, one-stop consultancy services, Amit and Rajesh bootstrapped HBS into existence.
Their journey wasn’t easy, filled with learnings, disappointments, and the exhilaration of landing their first project. Despite the initial challenges, their dedication to excellence fueled slow but sustained growth. Today, HBS stands as a testament to their relentless pursuit of transforming the cinema and QSR landscape.
Tailored Solutions: The Business Model of HBS
Operating on a B2B model, HBS offers customized solutions for cinemas and QSRs. They work closely with investors, companies, and individuals to create concepts from scratch. Whether it’s deciding the number of screens for a cinema or designing a QSR, HBS covers it all.
Their services range from consulting and turnkey project contracts to management services and franchise business development. By focusing on data-driven strategies, they ensure that every project is not only feasible but also poised for success. This hands-on, tailored approach is what sets HBS apart in the market.
Turning Dreams into Reality: Revenue and Growth
In its first year, HBS has achieved an expected turnover of over 25 lakhs, with aspirations to triple this figure in the next two quarters. This impressive growth is a testament to their effective strategies and the growing demand for their services. “We don’t just aim to be different; we strive to be better,” says Rajesh. HBS earns through consulting, turnkey project contracts, management services, and concept development, ensuring a steady stream of revenue. Their success lies in their ability to turn dreams into reality, one project at a time.
Vision and Mission: Shaping the Future of Cinemas and QSRs
The vision of HBS is to become the leading consultancy for cinemas and QSRs, making premium services accessible to a wider audience. They aim to democratize the cinema operating business and create affordable QSR models, leveraging data and industry insights to drive results.
Their mission is to unravel the complexities of these industries, making digital marketing accessible and outcome-driven. Amit and Rajesh believe in the power of storytelling and data-driven strategies to help businesses grow and shape their identities.
A Holistic Approach: More Than Just Consultancy
HBS offers a one-stop solution from planning to execution to management. Their approach is customizable to meet individual and regional needs. By providing affordable and accessible services, they address the inherent complexities of the cinema and QSR industries.
HBS empowers investors and owners to navigate the landscape with confidence and clarity. They bridge the gap between aspiration and achievement, making premium consultancy services accessible to a wider audience.
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Interview Insight: The Personal Touch
Reflecting on their journey, Amit shared in an interview with Karostartup, “The initial days were tough. We had to create a funnel of opportunities, travel extensively to actual sites, and follow up relentlessly. But our belief in our concept kept us going. It’s all about understanding the client’s needs and delivering beyond expectations.”
HBS-Hospitality Business Solutions is your partner in creating a digital presence that’s both genuine and influential. Whether you’re an investor looking to enter the entertainment and hospitality sector or an individual with a vision, HBS offers the expertise and dedication you need to succeed. Ready to transform your dream into reality? Reach out to HBS today and let’s create some magic together!
Frequently Asked Questions (FAQs)
What is HBS-Hospitality Business Solutions?
HBS is a consultancy firm based in Gurugram, offering professional services for cinemas and quick service restaurants (QSRs). They provide customized solutions from planning to execution to management.
How does HBS generate revenue?
The company generates revenue through consulting, turnkey project contracts, management services, concept development, and franchise business development.
Who founded HBS?
HBS was founded by Amit Rao and Rajesh Kumar, who have over 20 years of experience in the cinema and related fields.
What sets HBS apart from other consultancy firms?
HBS stands out due to its tailored, data-driven approach and commitment to making premium consultancy services accessible and affordable.
Who are the target users of HBS?
The target users of HBS’s services are investors and individuals looking to invest in the entertainment and hospitality sector, particularly in cinemas and QSRs.
What is the vision of HBS?
The vision of HBS is to democratize the cinema operating business and create accessible, affordable QSR models for a broader audience, leveraging data and industry insights to drive results.