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Bar for Sale in Bangalore, India

For Sale: Authentic Italian restaurant with a wine bar in a prime location in Bangalore.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 130 thousand
EBITDA Margin 35 %
Industries Restaurants + 1 more
Locations  Bangalore
Local Time 10:38 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 38 thousand (Native Currency: INR 2,800,000)
Reason: Owner is going back to their hometown to support the family business. Within a very short span of t... View More
Includes physical assets worth USD 34 thousand
Interested to connect with advisors
Documents
Business Overview

- Authentic Italian restaurant with an attached wine bar.

- Outlet is located in a prime commercial area near banks, shopping malls, and corporate offices.

- Have a seating capacity for 60 customers.

- We generated daily revenue of about INR 35,000-40,000 before the pandemic.

- We had to close down operations for two months and the demand is slowly picking up since the re-opening and we are making INR 15,000-20,000 per day.

- Revenue split: 70% of revenue is from restaurant and 30% is from the bar.

- We have partnered with Swiggy and Zomato for online deliveries and 15% of our orders are online orders. Have a 4.0 and 4.2 rating on Swiggy and Zomato respectively.

- Featured for best pizza in town by Deccan Herald.

- Had a year-on-year revenue growth of 25% before the pandemic.

Products & Services Overview

Antipasti, pizza, pasta, burger, main course, wine.

Assets Overview

Restaurant business with wine bar license, 2-ton air conditioners - 2, furniture of tables - 12, chairs - 60, KOT punch, billing system with software, recently purchased 25 KVA generator, crockery worth INR 5,00,000, and cutlery worth INR 3,00,000.

Facilities Overview

Rented outlet on the 1st floor with a built-up area of 1,100 sq. ft.

Rent - INR 90,000/month, deposit - INR 7,00,000.

Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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