Bar for Sale in Bengaluru, India
For sale: Premium franchised sports bar with 150 seating capacity and 10,000+ annual walk-ins.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 100 - 200 thousand |
| Run Rate Sales | USD 143 thousand |
| EBITDA Margin | Nil |
| Industries | Bars |
| Locations | Bengaluru |
| Local Time | 2:08 AM America / Vancouver |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
170 thousand
(Native Currency: INR 15,000,000)
Reason: The asking price includes the deposits mentioned in the assets overview. The promoter is currently b...
View More
Includes physical assets worth
USD
170 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Pitch Deck
(20.6 MB)
GST Certificate
(316.5 KB)
Business Overview
- Popular franchised sports bar offering multi-cuisine dishes in both vegetarian and non-vegetarian options.
- Our franchise agreement with the franchisor is valid for five years, starting from last year, with a mandatory one-year period of operating under the brand.
- After this mandatory period, we have the option to rebrand and operate under a different name.
- We pay a monthly royalty of 6%.
- The outlet has a seating capacity of 150.
- As a sports bar, our primary revenue is generated during events and live screenings, which leads to fluctuating daily footfall.
- While some days see higher turnout than others, we welcome over 10,000 walk-in customers annually, including repeat patrons and loyal corporate groups.
- We have a strong social media presence and are partnered with Zomato and Swiggy for food delivery.
- The bar has received multiple awards for best ambience, top-rated sports bar, and excellent customer service.
- The promoter brings extensive experience in hospitality management, event planning, and strategic marketing.
- All necessary licenses and permits are in place, including the RVB license, FSSAI license, Fire NOC, health certificates, Shops & Establishment Act registration, and GST registration.
- The owner resides in the USA and has provided their US contact number for all communications.
- Our franchise agreement with the franchisor is valid for five years, starting from last year, with a mandatory one-year period of operating under the brand.
- After this mandatory period, we have the option to rebrand and operate under a different name.
- We pay a monthly royalty of 6%.
- The outlet has a seating capacity of 150.
- As a sports bar, our primary revenue is generated during events and live screenings, which leads to fluctuating daily footfall.
- While some days see higher turnout than others, we welcome over 10,000 walk-in customers annually, including repeat patrons and loyal corporate groups.
- We have a strong social media presence and are partnered with Zomato and Swiggy for food delivery.
- The bar has received multiple awards for best ambience, top-rated sports bar, and excellent customer service.
- The promoter brings extensive experience in hospitality management, event planning, and strategic marketing.
- All necessary licenses and permits are in place, including the RVB license, FSSAI license, Fire NOC, health certificates, Shops & Establishment Act registration, and GST registration.
- The owner resides in the USA and has provided their US contact number for all communications.
Products & Services Overview
The bar’s top-selling offerings include live sports screenings, premium draft beer, and a variety of multi-cuisine dishes, including popular starters and main courses. Our primary clientele consists of sports enthusiasts, corporate groups, young professionals, and residents from affluent neighborhoods. Patrons frequent our establishment for entertainment, dining experiences, and social gatherings.
Assets Overview
Tangible Assets:- Fully equipped kitchen with appliances.
- Restaurant furniture.
- Fixtures and electronic equipment.
- Televisions and audiovisual systems.
Intangible Assets:
- Franchise rights and brand licenses.
- Established social media accounts (Instagram 13K+ followers, Facebook 1K+ followers)
- Active contracts with food delivery platforms (Zomato and Swiggy)
- Security deposit of INR 8,50,000.
- RVB license rental deposit of INR 25,00,000.
Facilities Overview
The establishment is a single-floor setup with a built-up area of 3,200 sq. ft. and a monthly rent of INR 1,64,000. It features a fully equipped attached kitchen and is located on leased premises with available parking facilities.
Capitalization Overview
The business is fully funded by the promoter, with no external debts or loans. It is a single-owner enterprise, with 100% ownership retained by the promoter.
Recent Activity
-
9 minutes agoDirector, Tyre Retail, Sangareddy, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCo-Founder, Restaurant, Bengaluru, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Hotel, Bengaluru, Corporate Investor / Buyer connected with the Business
Tags:
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
·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
·Pub for Sale in Bengaluru, India
·Sports Bar for Sale in Bangalore
·Purchase Bar in Bengaluru, India
·Purchase Pub in Bengaluru, India
·Purchase Sports Bar in Bangalore
·Beach Bar for Sale in Bangalore
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
1 Buyer contacted this Business this week.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,000+ 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