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Bar for Sale in Bengaluru, India

Full sale of prime-location Bengaluru hotel with guest stays and multi-cuisine restobar services.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 500 - 600 thousand
Run Rate Sales USD 540 thousand
EBITDA Margin 0 - 10 %
Industries Hotels + 1 more
Locations  Bengaluru
Local Time 3:03 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 5.3 million (Native Currency: INR 470,000,000)
Reason: The promoter is exiting to pursue a new venture. This is an advisor-listed profile, and a 2% succes... View More
Includes physical assets worth USD 5.3 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- The business operates in the hospitality industry in Bengaluru, offering a unique combination of hotel accommodations and a ground-floor restobar.
- The restobar serves a diverse menu featuring beers, hard liquors, and a range of international cuisines, including Chinese, Tandoori, and Mexican dishes.
- With a capacity of accommodating various guests, the hotel experiences an occupancy rate of around 50%, indicating steady demand for lodging.
- The bar establishment engages a significant number of daily walk-in customers, averaging between 50 to 100 on weekdays and 300 to 400 on weekends, generating consistent revenue.
- The hotel is professionally managed by a hotel management company, ensuring high service standards and operational efficiency.
- The business holds both CL-7 and RVB licenses, ensuring compliance with local regulations for serving liquor and operating hospitality services.
- Overall, the business effectively combines food, drinks, and lodging, appealing to both local residents and travelers, creating multiple income streams through guest accommodations and dining services.
Products & Services Overview
The business is a hotel featuring a ground-floor restobar that serves beer, hard liquor, and a variety of cuisines including Chinese, Tandoori, and Mexican. It also provides guest accommodations, combining food and lodging under one roof.
Assets Overview
Tangible.
- Owned facility with all the equipment, furniture, fixtures and fittings.
Facilities Overview
- Operates from owned property measuring 40x90 sq. ft. , north-facing.
- The building comprises ground + 4 floors with 29 rooms and holds both CL-7 and RVB licenses.
- The 4th floor features a penthouse with a separate electricity and water connection.
- The ground floor includes a reception area, 3 rooms, and a resto-bar with a seating capacity of 70.
- Located in a prime area near Brigade Road, offering strong visibility and footfall potential.
Capitalization Overview
The business has a bank loan that will be cleared upon sale.
It is managed by four directors.
Recent Activity
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Contact Business
1 Buyer contacted this Business this month. Register below to connect now!
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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