Bar for Sale in Bhubaneswar, India
Profitable restaurant and bar for sale at prime location in Patia, Bhubaneswar.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 162 thousand |
| Run Rate Sales | USD 203 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Restaurants + 1 more |
| Locations | Bhubaneswar |
| Local Time | 5:29 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
197 thousand
(Native Currency: INR 17,500,000)
Reason: Promoter has multiple business and has no time to manage the business.
Includes physical assets worth
USD
197 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Established four years ago, this lucrative restaurant and bar is strategically located in Patia, Bhubaneswar, a renowned gastronomic hotspot attracting both locals and travelers.
- Boasting a diverse menu, the establishment serves top-selling Continental and Chinese dishes, alongside a wide array of alcohol, cocktails, and shisha services, catering to varied gastronomic preferences.
- Positioned on a main road with close proximity to corporate hubs and universities, this business benefits from high visibility and accessibility, enhancing footfall and brand awareness.
- Delivering strong revenue figures and demonstrating commendable customer retention, the business maintains weekday footfall of 20-50 and a robust weekend turnout of 100-200 patrons.
- The restaurant accommodates 110 guests, providing ample seating for dining and entertainment, optimizing operational efficiency during peak times.
- Average order value of ₹1,000 for two people excluding alcohol.
- Boasting a diverse menu, the establishment serves top-selling Continental and Chinese dishes, alongside a wide array of alcohol, cocktails, and shisha services, catering to varied gastronomic preferences.
- Positioned on a main road with close proximity to corporate hubs and universities, this business benefits from high visibility and accessibility, enhancing footfall and brand awareness.
- Delivering strong revenue figures and demonstrating commendable customer retention, the business maintains weekday footfall of 20-50 and a robust weekend turnout of 100-200 patrons.
- The restaurant accommodates 110 guests, providing ample seating for dining and entertainment, optimizing operational efficiency during peak times.
- Average order value of ₹1,000 for two people excluding alcohol.
Products & Services Overview
Continental and Chinese are top-selling items. We serve:Alcohol and cocktails.
Multicuisine food- Indian, Tandoor, Chinese, Continental.
Shisha/Hookah.
Assets Overview
All interiors work, furniture, crockery, kitchen setup, bar setup.Intangible assets include bar license, FSSAI, and MSME registration.
Facilities Overview
The building is rented. Has 2 floors, a lounge and a rooftop setup. We pay a monthly rent of INR 2 lakhs.
Capitalization Overview
Self and bank funded. 2 partners in the firm.
Recent Activity
-
Earlier than 15 daysDirector, F&B, New Delhi, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Healthcare Services, Bhubaneswar, Individual Investor / Buyer connected with the Business
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