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Bar for Sale in Hyderabad, India

High-end lounge bar in Jubilee Hills Hyderabad with a weekly footfall of 900 customers.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 980 thousand
Run Rate Sales USD 970 thousand
EBITDA Margin 30 - 40 %
Industries Restaurants + 1 more
Locations  Hyderabad
Local Time 1:10 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 580 thousand (Native Currency: INR 50,000,000)
Reason: The owner is shifting to the USA and would like to sell the business.
Includes physical assets worth USD 520 thousand
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Business Overview
- Company operates a high-end lounge bar that started in December five years ago.
- The lounge consists of a restaurant, premium bar, and hosts some of the best live music parties.
- The lounge has a seating capacity of 220 pax.
- Has live music events every day.
- The lounge has an average weekly footfall of 900 customers.
- We advertise through social media, magazines, and had banners in our city for 2 weeks.
- Most of our revenue is driven by alcohol sales.
Products & Services Overview
Finger food, live music, and a high-end bar with premium world-class cocktails.
Assets Overview
Furniture worth INR 2 crore, HVAC worth INR 30 lakh, kitchen equipment worth INR 50 lakh, bar equipment worth INR 10 lakh, sound system, tech rider with a DJ console worth INR 41 lakh, 120 KVA genset with ups system worth INR 15 lakh, liquor stock & food stock worth INR 10 lakh, CCTV system, computers, billing software system with order taking tabs. Sound proofing INR 10 lakh.
Facilities Overview
The lounge has a built-up area of 7,512 sq. ft that can seat 220 customers although the maximum capacity is 300 pax. We have a ten-year lease and pay a monthly rent of INR 4,00,000.
Capitalization Overview
The partnership is split between two partners with 10% and 90%
The company holds one loan of INR 20 lakhwhich is due to end in March next year.
Recent Activity
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1 Buyer contacted this Business this month. Register below to connect now!
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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