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Bar Assets for Rent in Bangalore, India

Thriving bar and restaurant business for rent with a 330-seat capacity and loyal clientele.
This Business is on a Premium Plan
Ownership Duration 30-40 year(s)
Industries Restaurants + 1 more
Locations  Bangalore
Local Time 4:33 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Monthly Rent
Asking Price: USD 5.8 thousand (Native Currency: INR 500,000)
Reason: The owner is involved in other ventures and no longer has the time to manage this business. A secur... View More
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Business Name
Not disclosed
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Documents
Bar License
Trade License
Assets Description
- Located in the bustling area of Chandapura, this bar and restaurant business offers a lucrative opportunity with a strong brand affiliation, ensuring high customer footfall.
- Operating under the reputable CL9 Bar License and RVB License, the establishment promises compliance with Bangalore's regulatory requirements, streamlining the entry for new tenants into the hospitality sector.
- With a spacious 330-seater capacity, the business caters effectively to both large and small gatherings, enhancing its potential for hosting events and increasing revenue streams.
- The team comprises 40 skilled employees, including experienced chefs with 13-14 years in the industry, ensuring high-quality service and culinary expertise.
- The business is well-represented on popular food delivery platforms such as Swiggy and Zomato, tapping into the growing demand for food delivery services and expanding its customer base.
- Enjoy consistent customer engagement with daily walk-ins of 50-60 on weekdays and a surge to 140-160 on weekends, reflecting strong market demand and brand loyalty.
- The sudden surge in our growth is due to the fact that we were undergoing renovations last year. With the renovations now complete and full operations resumed this year, we've experienced a significant increase in revenue.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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