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Bar for Sale in Goa, India

Italian restaurant chain in Goa with 2 outlets in prime locations, serves 75+ customers daily.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 300 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 25 %
Industries Restaurants + 1 more
Locations  Goa
Local Time 9:51 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 540 thousand (Native Currency: INR 45,000,000)
Reason: We feel that we have taken the business as far as possible for now, and the business needs a new vis... View More
Includes physical assets worth USD 60 thousand
Interested to connect with advisors
Documents
Business Overview

- Business operates an Italian restaurant chain with 2 outlets in Goa. One is located in a tourist area and the other is located in the centre of the capital.

- Family-friendly restaurant that serves authentic Italian food and has experienced chefs who have worked with us for the past 7-11 years.

- Have a seating capacity for 110 and 80 customers respectively.

- We serve 75+ customers on a daily basis and we are registered on Swiggy and Zomato for online orders. Our restaurants have a rating of 4.2 and 4.4 ratings out of 5 on Swiggy. We receive orders worth INR 1.5 lakh from Swiggy on a monthly basis.

- Have a large following of loyal clientele from abroad and India, and also have a good online presence with more than 1,600 reviews on TripAdvisor with an average rating of 4.5 / 5.

- Have received many prizes throughout the years including TripAdvisor Travellers Choice Award, Times food Award, and TripAdvisor Hall of Fame.

- Business is an ideal template for building a bigger chain of restaurants across the country.

- Have all relevant licenses including the liquor license.

- Selling price includes business name, trademark, license, website, social media pages, recipes, furniture, interiors, and kitchen equipment. The sale does not include the property or the deposit, and both properties can be rented.

Products & Services Overview

Restaurant serving pizza, salads, and coffee, and a bar.

Facilities Overview

Restaurant 1: 100m2 bar and restaurant air-conditioned area with room for 30 guests and 2 toilets.

100 m2 roofed terrace area with room for 20 guests and 1 toilet.

350 m2 outdoor garden area with room for 60 guests.

Monthly rent of INR 2.4 lakh.

Restaurant 2: Indoor air-conditioned area with bar, 50m2 kitchen, two floors, ideal for parties, kids play area. Total seating capacity of 80.

Monthly rent of INR 1.14 lakh.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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