|
Hot Seat
The road to Mars
Men are from Mars, it is said. The red planet has nearly
all the characteristics of earth, and then again, is quite distinct from earth.
And Sanjay Narang, an entrepreneur with a difference, epitomises this
with Mars Restaurants Private Ltd. Neeti Mehra charts his roadmap to
success
A
person born into a family of hoteliers, will invariably end up in the same business.
So when Sanjay Narang joined the management group of his family business as
the director - operations of three Ambassador hotels and two flight catering
units, for a period of eight years, no one batted an eyelid. For a man who claims
to have flunked every cooking class he attended while completing a degree in
Hotel Management at Cornell University, he's made a success of the Mars Group,
trampling over naysayers hooting at its demise at every opportune moment.
His
philosophy in life is simple. "I would like to bring a little bit of sunshine
in the lives of those who are less fortunate, though I don't claim to be a saint."
This philosophy extends to his business also. "I am the face of the company
and the person everyone recognises - being the owner and the entrepreneur behind
it. But the absolute modest truth is that I am just a facilitator. I have never
had a drink in my life and we run bars, and I am absolutely not a connoisseur
of food."
After the family business split up in 1990, he joined the Taj Catering business,
which was on the verge of shutting down. "I took on the challenge of getting
their flight catering business in order. I knew the ins and outs of catering,
having worked in the family owned- enterprise." He took on the reigns and
in five years it became one of the most profitable ventures of the Taj Group.
Modest to the core, he says, "Luck plays a very important role. Hard work
is just one element of it. With the aviation industry booming at that time,
and many new airlines had taken off - Damania, East West, Modi Luft - I captured
that slice of the market." He learnt a lot during this phase. "People
would wonder who this upstart was and put roadblocks along the way. But one
learns to navigate around all that. This experience helped me a lot, even more
than my college education."
|
"In place of Jazz by the Bay was a successful restaurant
known as Talk of the Town.
But at that time everyone wondered if this concept of having live jazz
bands would float and there were predictions that it would shut shop in
six months.
And the restaurant is celebrating its 10-year anniversary now"
|
When his five-year contract ended with Taj, he decided to
spread his wings, and thus the Mars Group was born. Reminiscing about the venture,
he says, "In place of Jazz by the Bay was a successful restaurant known
as Talk of the Town. But at that time everyone wondered if this concept of having
live jazz bands would float and there were predictions that it would shut shop
in six months. And the restaurant is celebrating its 10-year anniversary now."
he says. It still is his favourite restaurant.
The story of The Gordon House - the niche boutique hotels is equally interesting.
"The first Gordon House Hotel we built in Colaba was originally an old,
dilapidated building given to their family as repayment of debt, and was known
as a house of ill-repute. It was a tenanted property and our intention was to
settle with each tenant and sell it off. But then the real estate prices crashed
and we decided to make it into a hotel, because that's what we knew." The
concept comes from a flamboyant Scotsman, Arthur Gordon, and one time owner
of the property, who had landed at the Gateway of India to seek his fortune.
Today, the boutique hotel is present in Pune and one next to the international
airport in Mumbai will open by June 2006, plus in Bangalore and Delhi later
on. "We have a highly loyal clientele base. The Gordon House is based on
the precept that in the long run that value for money succeeds and if one can
deliver a perception to the customer that he received good value for his experience,
the property will do well."
A
celebrity partnership with India's master batsman also created ripples when
it first came out. But how well are Tendulkar's and Sachin's faring in this
highly competitive scenario? "Anything Sachin involves himself in is expected
to be larger than life, akin to his persona." The restaurant is doing well,
though the sports bar could do better, he opines. "But when the footfalls
increase at the mall, where it is located, we will see greater numbers. Currently
we are doing our best out of all establishments present there," he adds.
The Mars Group is now looking to format the fast food brands into food courts
in malls and technology parks. Citing the experience the group has in Pune,
he says, "We found that this format works far better, so we are consolidating
all brands underneath one umbrella. In one location, with common production
facilities, lesser overheads, much lesser staff, lower rents and common management,
the ventures are very profitable." The next stop is a deal with a developer
to put out 100 food courts with all the brands out in the next 10 years across
malls and technology parks, 28 in the next three years.
Boutique Hotels
The Gordon House hotels
Airline catering units
Skygourmet
Fine dining restaurants
Not Just Jazz by the Bay, Tendulkars, All Stir Fry
Fast Food or quick service brands
The Pizzeria and Pasta Bar, Roti, China Joe, Dosa Diner, Just Around the
Corner, Birdy's Bakery and Patisserie, Cake Khazana and The Big Cuppa
Sports Bar
Sachin's, Score Bar
Night Club
Polly Esthers
Leisure Club
Waterstones Country Club and Spa
|
All these things lead to the question, is he a thinker who
comprehends trends ahead of its time? "I just think differently. I didn't
want to open a standard Chinese or Indian cuisine restaurant, which was the
safer option. When everyone was opening lounge bars, we opened Polly Esther's,
which was a retro bar. I'm not afraid of failure. Treading down the less trodden
path has a higher risk of failure, but when you succeed the sense of achievement
is far greater." Recently Navis Capital Partners picked up a 74 per cent
stake in the company. The Mars Group will be investing approximately Rs 100
crores per year for the next three years. Plans are on for the expansion of
Skygourmet, the airline catering unit, which is currently supplying upto 10,000
meals a day to Kingfisher Airlines, Jet Airways and Air India Express. The company
is in the process of setting up a catering unit in Pune, having just opened
units in Bangalore and Delhi, and is also setting up units in Ahmedabad, Kolkata,
Hyderabad and Chennai within this fiscal year. Also on the anvil is the Waterstones
Country Club and Spa, spread over a six acre plot near Sahar, which opened this
month and a restaurant in New York, named 'Dabbawala', at an investment of one
and a half million dollars.
What makes a man with fingers in so many pies tick? "I love this industry.
I love what I do. I love the people I work with." His dream is to build
approximately 20-30 chalet type hotels across the Himalayas in remote locations.
"I grew up in Woodstock school, where I studied for 11 years. I have a
house in the hills where I escape for a couple of days in the month. These small
neat and clean boutique, value for money hotels will give people an opportunity
to relax and get away from the world." In his spare time he loves to drive,
though not in India but abroad. He loves nature too, and retro music.
He feels that the food courts will be the most profitable because of the footfalls.
The company has almost 3,000 employees across India and it's growing at a rapid
pace. "We're nearly doubling our turnover every year, and it is all done
without my active involvement." He credits it to the great management structure
in place.
In conclusion he says, "Success in life is measured not by how big you
grow in business, but it is about the number of days you are happy versus the
number of days you were unhappy. I sum up my life's journey till now with one
word - happy. Absolutely happy. It's not to say one doesn't have pitfalls but
if you learn to take everything in your stride you will be happy." For
a man whose ideas are definitely progressive, it's a long journey back to earth.
|