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Bar for Sale in Bangalore, India

For Sale- Established restaurant and bar, seating capacity of 120, and 50 customers per day.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 300 thousand
Run Rate Sales USD 330 thousand
EBITDA Margin 25 %
Industries Bars
Locations  Bangalore
Local Time 7:35 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 240 thousand (Native Currency: INR 20,000,000)
Reason: The owner is moving abroad permanently.
Includes physical assets worth USD 210 thousand
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Business Name
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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, hard liquor, 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 liquor licenses.

Products & Services Overview

Servicing draught/bottled beer, hard liquor, cocktails, and mocktails accompanied by food. Serving both Continental and Indian foods.

Assets Overview

ACs, furniture (pure leather and wooden), t vs, 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.

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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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