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Bar for Sale in Jamshedpur, India

Acquire a 3-floor, 140-seater restaurant and lounge in the city centre, turnover of INR 2.4Cr.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 280 thousand
EBITDA Margin 0 - 10 %
Industries Restaurants + 1 more
Locations  Jamshedpur
Local Time 2:48 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 270 thousand (Native Currency: INR 23,000,000)
Reason: The promoter is looking to sell due to a new business opportunity to set up a bottling plant. The h... View More
Includes physical assets worth USD 186 thousand
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Business Name
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Documents
FSSAI License
Business Overview
- A strategically located 140-seater restaurant and lounge in Jamshedpur features a vibrant, multi-cuisine dining experience, catering to diverse palates with Continental, Indian, and Chinese offerings.
- Occupying 4,800 sq. ft. across three distinctively purposed floors, the venue includes a dynamic DJ zone, unique rooftop ambience, and a family-friendly section.
- The establishment has shown consistent profitability since its inception 20 months ago, generating average monthly revenues between INR 20-22 lakh.
- Operational assets, including kitchen, bar equipment, and advanced music systems, are valued at approximately INR 92 lakhs, highlighting significant capital investment.
- Adequately staffed with 35 employees, the restaurant attracts 170 to 200 patrons daily, capitalizing on its strategic location and diverse offerings.
- Fully compliant with industry standards, holding both FSSAI registration and a liquor license, ensuring a secure and regulated dining environment.
- The owner is open to negotiation for a sale price of INR 2.3 crores, driven by partners' exit and personal growth opportunities, offering options for both partial and full acquisition of this profitable venture.
Products & Services Overview
Our multi-cuisine restaurant offers a diverse menu, serving both vegetarian and non-vegetarian dishes, including Continental, Indian, and Chinese cuisines. We also provide a selection of alcoholic and non-alcoholic beverages, complemented by DJ music and vibrant lighting.
Assets Overview
Tangible assets: fully functional restaurant with interiors, a kitchen, bar, music, light systems, and furniture.
Facilities Overview
The rented premises span 3 floors with a carpet area of 4,800 square feet. The property is leased for INR 2.7 lakh monthly, with a 9-year lease extendable by 3-year terms. It includes separate floors for DJ and lights, a rooftop area, and a dedicated family section. The seating capacity is 140.
Capitalization Overview
Currently, our funding is a mix of bank term loans and personal funds.
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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