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Bar for Sale in Calangute, India

Well-established restaurant in Calangute, Goa, offering fast food, vegetarian and non-vegetarian options, and alcohol.

Established 10-20 year(s)
Employees 50 - 100
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1.17 million
Run Rate Sales USD 1.17 million
EBITDA Margin 20 %
Industries Restaurants + 1 more
Locations  Calangute
Local Time 9:34 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 3.5 million (Native Currency: INR 300,000,000)
Reason: The owner of the business is relocating from the location. The buyer will receive the 2,600 square m... View More
Includes physical assets worth USD 2.9 million
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Business Overview
- Prime location in Calangute, an area known for attracting tourists and locals alike.
- Restaurant boasts a large seating capacity of 300, accommodating high customer volumes.
- Banquet facilities available with a capacity of up to 350 guests, ideal for events and gatherings.
- Specializes in fast food with a wide-ranging menu that includes both vegetarian and non-vegetarian options.
- Alcohol served on-site, supported by a valid bar license, enhancing revenue streams.
- Total of 90 employees, indicating a well-staffed operation capable of managing large customer inflow.
- Sale includes both the space and the land, providing investors with real estate ownership in a bustling location.
Products & Services Overview
The restaurant is known for its fast food. We serve both vegetarian and non-vegetarian options. The establishment also serves alcohol.
Assets Overview
The tangible assets included in the transaction are:
- A total of 2,600 square meters of land.
- Restaurant infrastructure building built on 1,200 square meters.
- All the assets inside the restaurant, which include the kitchenware, furniture, lighting, and interiors.
The intangible assets include:
- Liquor license.
- A permit to build cottages on the same land.
- Brand reputation.
- Customer base.
Facilities Overview
The total owned land spans across 2,600 square meters, and the restaurant has only occupied 1,200 square meters the owned land. A banquet area is also available on the same land.
Capitalization Overview
- The business is owned by a single owner.
- There are no debts on the business.
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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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