Bar for Sale in Lucknow, India
Own a thriving prime-location multi-cuisine bar and restaurant with strong weekend crowd and event revenue.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 430 thousand |
| Run Rate Sales | USD 430 thousand |
| EBITDA Margin | 25 % |
| Industries | Restaurants + 1 more |
| Locations | Lucknow |
| Local Time | 6:09 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
290 thousand
(Native Currency: INR 25,000,000)
Reason: The promoter is moving out of India.
Includes physical assets worth
USD
226 thousand
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Business Overview
- Located in the vibrant heart of Lucknow, this restaurant and bar boasts a strategic position in the city's bustling dining scene.
- Diversified cuisine offerings include North Indian, Mughlai, Continental, Chinese, and Italian dishes, catering to a wide range of consumer preferences.
- With a spacious rooftop area and a large dance floor, it's an ideal venue for hosting events and corporate parties, contributing significantly to its monthly revenue.
- Strong corporate relationships have earned the restaurant the accolade of 'Best Restaurant for Corporate Parties' from Zomato last year.
- Generates a robust INR 10 lakh monthly from party hosting alone, indicating a thriving business in event-based revenue streams.
- The restaurant experiences heavy weekend footfall with approximately 200 patrons, while weekdays see 40 to 50 guests, highlighting its popularity among locals and visitors alike.
- Achieves INR 2 lakh in monthly sales through online platforms, expanding its reach and accessibility to online diners and takeout customers.
- Holds essential commercial licenses, including FSSAI and a liquor license, ensuring compliance with local regulations and offering a complete dining and entertainment experience.
- Diversified cuisine offerings include North Indian, Mughlai, Continental, Chinese, and Italian dishes, catering to a wide range of consumer preferences.
- With a spacious rooftop area and a large dance floor, it's an ideal venue for hosting events and corporate parties, contributing significantly to its monthly revenue.
- Strong corporate relationships have earned the restaurant the accolade of 'Best Restaurant for Corporate Parties' from Zomato last year.
- Generates a robust INR 10 lakh monthly from party hosting alone, indicating a thriving business in event-based revenue streams.
- The restaurant experiences heavy weekend footfall with approximately 200 patrons, while weekdays see 40 to 50 guests, highlighting its popularity among locals and visitors alike.
- Achieves INR 2 lakh in monthly sales through online platforms, expanding its reach and accessibility to online diners and takeout customers.
- Holds essential commercial licenses, including FSSAI and a liquor license, ensuring compliance with local regulations and offering a complete dining and entertainment experience.
Products & Services Overview
We are a multi-cuisine restaurant with a liquor license offering North Indian, Mughlai, Continental, Chinese, and Italian dishes.Top-selling menu items include kebabs, biryani, and popular fast food options.
Assets Overview
Tangible assets: all the kitchen equipment, furniture, fixtures, fittings and the entire set-up.
Facilities Overview
Located on the 6th floor of the largest building in town,Area - 9,000+ sq. ft.
Location - situated in the heart of Lucknow. Monthly rent - ₹6.75 lakh and maintenance charges of ₹75,000.
The restaurant offers a spacious seating capacity of 300 and has a security deposit of ₹55 lakh (included in the selling price).
Capitalization Overview
The business has no outstanding loans. Ownership is split between 2 partners in a 99:1 ratio.
Recent Activity
-
Earlier than 15 daysAdvocate, Lucknow, Law Firm connected with the Business
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