Bar for Sale in Bangalore, India

For Sale: Restaurant & pub in Electronic City, Bangalore spread on 2 floors with 180 seating.
This Business is on a Premium Plan
Established
Employees
Legal Entity
Reported Sales
Run Rate Sales Nil
EBITDA Margin 28 %
Industries Restaurants + 1 more
Locations  Bangalore
Local Time 12:47 PM India
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 95 thousand (Native Currency: INR 7,000,000)
Reason: Owner is moving into another business.
Includes physical assets worth USD 80 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Restaurant & pub set up on an area of 4,800 sq ft which is spread on 2 floors (4th & 5th floor). The 5th floor also has a rooftop area. Total seating capacity is 180 pax.

- We have CL9 and RVB (Retail Vending Beer) license. Our business has been in operations for 2 years and our last year's sales grew by 25% (from approx. INR 18 lakh to INR 23 lakh)

- The business is temporarily closed due to COVID-19 and we are also in the process to negotiate a new rental agreement with the existing landlord to reduce the rent.

- While operational, we used to receive 200+ customers per day during weekdays and 600+ customers per day during weekends.

- Have over 2,000 followers on Facebook and 170 followers on Instagram.

- We have tie-ups with online food aggregators such as Swiggy and Zomato.

- We also have the facility for live music and have tie-ups with 4 bands.

Products & Services Overview

- Multi cuisine veg & non-veg food. This include Indian, Chinese and Continental cuisines.

- Serves alcoholic and non-alcoholic beverages.

- Live music performed by 4 different bands.

Assets Overview

Furniture to accommodate 180 customers, 2 computers, 12 CCTV cameras, complete kitchen utensils & cooking equipment, bar equipment and glassware.

Facilities Overview
Recent Activity
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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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