Bar for Sale in Bhubaneswar, India
Full sale opportunity for a high-performing pub and sky lounge in Odisha.
This transaction has concluded.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 350 thousand |
| Run Rate Sales | USD 370 thousand |
| EBITDA Margin | 33 % |
| Industries | Bars |
| Locations | Bhubaneswar |
| Local Time | 4:32 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
225 thousand
(Native Currency: INR 20,000,000)
Reason: The owner wants to exit the business due to partnership reasons.
Includes physical assets worth
USD
68 thousand
Business Overview
The business is a pub and sky lounge located in Bhubaneswar, Odisha, seeking to sell for ₹2 crores plus an ₹18.5 lakh security deposit and a ₹3 lakh bank guarantee for a liquor license.
The pub features top-selling products like Black Label, Jameson, and cocktails, along with a variety of starters. Facilities include live DJ music, live singing, stand-up comedy, and big screen projections for matches, accommodating private and corporate parties.
The business operates under a partnership structure with three partners and has no outstanding loans. Recent monthly sales are between ₹25-30 lakhs, with annual sales reported at ₹3.1 crores and an EBITDA margin of 30-35%.
The business experiences 350 plus customers on weekends and approximately 45 customers on a daily basis.
The pub features top-selling products like Black Label, Jameson, and cocktails, along with a variety of starters. Facilities include live DJ music, live singing, stand-up comedy, and big screen projections for matches, accommodating private and corporate parties.
The business operates under a partnership structure with three partners and has no outstanding loans. Recent monthly sales are between ₹25-30 lakhs, with annual sales reported at ₹3.1 crores and an EBITDA margin of 30-35%.
The business experiences 350 plus customers on weekends and approximately 45 customers on a daily basis.
Products & Services Overview
Top-selling products include Black Label, Jameson, cocktails, and a variety of starters, serving private and corporate parties with live DJ (disk jockey) music, singing and comedy shows. Approximately 800 to 1,000 people visit on a monthly basis.
Assets Overview
Tangible assets: Extensive bar equipment, seating and furniture, sound and entertainment systems, kitchen appliances, operational equipment, plus store room, smoking room and office.Intangible assets include liquor license and FSSAI license.
Facilities Overview
The business owns a rented facility with an area of 6,000 sqft. There are 3 floors in total with the first 2 floors having an area of 2,600 sqft each and third floor is utilized as a rooftop/sky lounge.The facility includes live DJ music, live singing, stand-up comedy, big screen projectors, and private/corporate party accommodations.
Capitalization Overview
Funded by three partners with no outstanding loans or debt.The business owner has 34% stake and the other two partners have 33% each.
Recent Activity
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Earlier than 15 daysTechnical Consultant, IT Services, Brahmapur, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Restaurant, Gopalpur, Individual Investor / Buyer connected with the Business
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