Bar for Sale in Bengaluru, India
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 | 3:24 AM America / Vancouver |
Listed By | Business Owner / Director |
Status | Active |
- 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.
- 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.
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Earlier than 15 daysCo-Founder, Restaurant, Bengaluru, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Hotel, Bengaluru, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysAdvisor, Electricity Distribution, Delhi, Individual Investor / Buyer connected with the Business