Bar for Sale in Bengaluru, India
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 500 - 600 thousand |
| Run Rate Sales | USD 550 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Hotels + 1 more |
| Locations | Bengaluru |
| Local Time | 5:50 AM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Moderately Active |
- 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.
- Owned facility with all the equipment, furniture, fixtures and fittings.
- 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.
It is managed by four directors.
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Earlier than 15 daysCEO, Marketing And Branding, Chennai, Individual Investor / Buyer connected with the Business