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Bar for Sale in Chennai, India

Well- Equipped restaurant and bar with over 300 seating capacity for sale.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales INR 6 crore
Run Rate Sales INR 6 crore
EBITDA Margin 30 %
Industries Restaurants + 1 more
Locations  Chennai
Local Time 4:52 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: INR 5 crore (Native Currency: INR 50,000,000)
Reason: The owner is retiring. Selling price can be negotiable. We are selling in a higher price because bar... View More
Includes physical assets worth INR 3.8 crore
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Business Overview
- Three level resto-bar located on the main road in Anna Nagar.
- We also have roof top dining.
- We serve all types of south indian and continental food, we also serve liquor.
- The restaurant has over 300 seating capacity.
- We are registered on Zomato, Swiggy and Dine-out.
- We have valid bar license which is included the sale.
Products & Services Overview
Liquor, food and quality entertainment consisting of different bands and DJ acts.
Assets Overview
Tangible Assets - Cloud kitchen equipment, bar equipment, tables and chairs.
Intangible Assets - Licenses, website and bar license.
Facilities Overview
We have total built up area is 6,000 sqft. It is rented and we pay INR 3.5 lakh rent monthly.
Capitalization Overview
Our restaurant is a family owned business.
There are no partners or shareholders. There are no debts or loans.
Recent Activity
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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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