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Bar for Sale in Bangalore, India

For sale: Luxury fashion restaurant and bar in upscale Bangalore town receiving 150 customers daily.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 400 - 500 thousand
Run Rate Sales USD 700 thousand
EBITDA Margin 20 - 30 %
Industries Restaurants + 1 more
Locations  Bangalore
Local Time 9:43 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 580 thousand (Native Currency: INR 50,000,000)
Reason: We are from hospitality background, we takeover, form, organise, execute, establish and exit the ven... View More
Includes physical assets worth USD 580 thousand
Interested to connect with advisors
Documents
PAN Card
Food 1
Food 2
Business Overview
- A franchisee of a world-leading luxury brand, kickstarted with operational breakeven.
- Excellent promoters lined up to scale the business exponentially in parties and events.
- The seating capacity of the restaurant is 110 people.
- We receive around 150 customers on a daily basis.
- Company valuation is high compared to the asking price and the ask is steeply discounted.
- This includes the master franchisee license to expand in Bangalore.
Products & Services Overview
Luxury restaurant and bar serving multi-cuisine food.
Assets Overview
Tangible assets - complete cafe setup with all furniture and equipment.
Intangible assets - Bar license.
Facilities Overview
Located in the east of the city on ~5,000 sq ft area on two floors with a monthly rent of INR 5.3 lakhs.
Capitalization Overview
- The business is established using its own funding and there are no debts or outstanding loans in the business.
- The business has 2 partners with an equal partnership.
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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