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<h1>Asset franchise model expands as sit-down restaurant outlets planned across multiple cities under master franchise arrangements.</h1> Jumboking is expanding into a limited seating sit down restaurant format complementary to its QSR outlets and pursuing multi city growth through franchise arrangements. The company operates on an asset franchise model, has signed a regional Master franchisee and an international Master franchisee for overseas entry, and identifies a capital expenditure requirement per store as part of the franchise economics.