Bar for Sale in Lusaka, Zambia

For sale: Multi-cuisine restaurant & bar also supplying food ingredients and raw materials to hotels.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 27 thousand
EBITDA Margin
30 %
Industries
Restaurants + 1 more
Locations
Local Time
3:35 PM Zambia
Listed By
Business Owner / Director
Status
Active
Overall Rating
Full Sale
Asking Price: USD 110 thousand (Native Currency: ZMW 1,500,000)
Reason: Most of the board of directors have moved to India and the promoter is not able to handle the busine... View More
Includes physical assets worth USD 110 thousand
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Business Name
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Business Overview

- The business started in 2016 as a multi-cuisine restaurant and a bar with a capacity to serve 60-70 people and is known for the quality of its Indian food.

- It also caters to birthday parties and other events with at least one event being organized every fortnight.

- Since our restaurant had a low footfall of 10 per day, we have also established tie-ups with hotels to increase our sales by providing them with ingredients and spices required for Indian food.

- The business owned assets includes imported SS equipment from SA, 6 fridges (under bar), fryers, mincers, pasta sheet makers, coffee machines, dish washers, griddles, tables, sinks, furniture, pure mukwa bar, cutleries, and a 4-acre land in Mfez Economic Zone, Lusaka.

Products & Services Overview

Multi-cuisine restaurant and bar that serves Indian, Zambian and continental food.

Facilities Overview
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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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