Bar for Sale in Bangalore, India
For Sale- Established restaurant and bar, seating capacity of 120, and 50 customers per day.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 290 thousand |
| Run Rate Sales | USD 253 thousand |
| EBITDA Margin | 35 % |
| Industries | Bars |
| Locations | Bangalore |
| Local Time | 8:08 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
234 thousand
(Native Currency: INR 20,000,000)
Reason: The owner is moving abroad permanently.
Includes physical assets worth
USD
234 thousand
Interested to connect with advisors
Documents
Partnership Deed
(2.6 MB)
Trade License
(143.0 KB)
Business Overview
1. Established restaurant and bar business located in Bangalore with two years of successful operations.
2. Equipped with necessary equipment and staffed with 16 employees.
3. Servicing draught/bottled beer, cocktails, mocktails accompanied with food.
4. Listed on popular online platforms such as Swiggy, zomato, dine out, easy dinner, etc.
5. Seating capacity of 120 and average of 50 customers per day.
6. Serving both Continental and Indian foods.
7. Strong potential for increased growth and profitability.
8. The business has food and a beer licenses. Had a CL 9 license before but has moved onto a beer license now which has caused a slight drop in sales but the business should pick up soon.
2. Equipped with necessary equipment and staffed with 16 employees.
3. Servicing draught/bottled beer, cocktails, mocktails accompanied with food.
4. Listed on popular online platforms such as Swiggy, zomato, dine out, easy dinner, etc.
5. Seating capacity of 120 and average of 50 customers per day.
6. Serving both Continental and Indian foods.
7. Strong potential for increased growth and profitability.
8. The business has food and a beer licenses. Had a CL 9 license before but has moved onto a beer license now which has caused a slight drop in sales but the business should pick up soon.
Products & Services Overview
Servicing draught/bottled beer, cocktails, and mocktails accompanied by food. Serving both Continental, Chinese, Tandoor and Indian foods.
Assets Overview
ACs, furniture (pure leather and wooden), TVs, pool table, combi oven, dishwasher, kitchen fridge, kitchen tables, RO plant, freezers, table fridges, bar fridges, reception tables, computer cash register, CCTV camera and display with DVR, music mixer, speakers, cutlery and cookery, glasswares, ups, fire extinguishers with norms.
Facilities Overview
The carpet area of 3,200 sqft is rented for INR 2.5 lakhs per month with an agreement for a total of nine years, which needs to be renewed every 3 years.
Capitalization Overview
Family-owned business run by husband and wife (50:50). The restaurant is a general partnership between husband and wife there is no loan on the business. Vendors deliver all necessary goods at a competitive margin price.
Recent Activity
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Earlier than 15 daysManager, IT Services, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysAdvisor, Electricity Distribution, Delhi, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Door And Frame Manufacturer, Bangalore, Individual Investor / Buyer connected with the Business
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