Bar for Sale in Bengaluru, India
Acquisition opportunity of the complete setup of a defunct pub & restaurant in Sarjapura Road.
| Established | 5-10 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 1.15 million |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Fine Dine Restaurants + 1 more |
| Locations | Bengaluru |
| Local Time | 3:58 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
210 thousand
(Native Currency: INR 20,000,000)
Reason: The owner of the business was unable to manage the business themselves and shut down the operations ...
View More
Includes physical assets worth
USD
105 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- This is a defunct pub and restaurant situated on Sarjapura Road in Bengaluru.
- The business shut down about 3 months ago because the owner couldn't commit full-time to running it.
- Alcohol was the top-selling product, followed by food, before operations stopped.
- The brand name can be changed or kept as is, giving flexibility to the new owner.
- Liquor license no longer valid as the business shut operations 3 months ago. FSSAI license is valid for another 3 months. The buyer would have to get new liquor license and FSSAI under their own name.
- This offers a great opportunity for someone looking to re-establish a pub or restaurant in a popular area.
- The business shut down about 3 months ago because the owner couldn't commit full-time to running it.
- Alcohol was the top-selling product, followed by food, before operations stopped.
- The brand name can be changed or kept as is, giving flexibility to the new owner.
- Liquor license no longer valid as the business shut operations 3 months ago. FSSAI license is valid for another 3 months. The buyer would have to get new liquor license and FSSAI under their own name.
- This offers a great opportunity for someone looking to re-establish a pub or restaurant in a popular area.
Products & Services Overview
Our top selling product segment was alcohol followed by food sales. However, since the business is no longer operational it has no current top selling product/service.
Assets Overview
Tangible assets include:- Commercial kitchen equipment, utensils, and fixtures in the kitchen worth INR 35 lakh.
- All the furniture, fixtures, and crockery in the seating area spread over 8,500 sq. ft. INR 45 lakh.
- All of the bar equipment and bar fixtures worth tentatively INR 20 lakh.
Facilities Overview
- Rented space located on Sarjapura Road.- 8,500 sq. ft.
- 1 single level on the 4th floor.
- Deposit is not included.
- Lease is valid for 7 more years and the new owner does not need to relocate and can continue operations from here.
- Capacity for 150+ guests.
Capitalization Overview
- 100% owned by a single owner.- There are no loans outstanding.
Tags:
Fine Dine Restaurant for Sale in Bengaluru, India
·Purchase Fine Dine Restaurant in Bengaluru, India
·Buy Fine Dine Restaurant in Bengaluru, India
·Fine Dine Restaurant for Sale in Bangalore
·Purchase Fine Dine Restaurant in Bangalore
·Bar License for Sale in Bengaluru, India
·Purchase Bar License in Bengaluru, India
·Sports Bar for Sale in Bengaluru, India
·Purchase Sports Bar in Bengaluru, India
·Beach Bar for Sale in Bengaluru, India
·Purchase Beach Bar in Bengaluru, India
·Buy Fine Dine Restaurant in Bangalore
·Tavern for Sale in Bengaluru, India
·Buy Bar License in Bengaluru, India
·Purchase Tavern in Bengaluru, India
·Buy Sports Bar in Bengaluru, India
·Bar License for Sale in Bangalore
·Buy Beach Bar in Bengaluru, India
·Purchase Bar License in Bangalore
·Bar for Sale in Bengaluru, India
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
65 Buyers viewed this Business this week.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 71,000+ other businesses of all sizes.
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.
You might also be interested in these businesses