Bar for Sale in Mumbai, India
Established | 5-10 year(s) |
Employees | 2 - 5 |
Legal Entity | General Partnership |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Restaurants + 1 more |
Locations | Mumbai |
Local Time | 7:24 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Non-operational restro-bar with heritage style interiors at a prime location in Mumbai.
- Have a dining capacity of 128 guests, bar space, and a DJ console.
- Suspended services 1 year back due to the Covid induced lockdown.
- Average monthly sales of INR 45 lakh before Covid induced lockdown.
- We had a footfall of around 80 - 100 pax and a total of 32 employees.
- Used to serve veg and non-veg multi-cuisine dishes.
- Had DJ and karaoke nights 2 days a week.
- The alcohol license was leased from the building owner and is not included in the sale price.
- The building owner is open to leasing the license to the new buyer.
Indian, continental & oriental food with well-stocked bar & cocktails. DJ nights and karaoke nights.
Legal entity, rental deposit, kitchen equipments, interiors, furniture, air conditioners, liquor stock, office furniture and equipment, POS system, desktops, and music system.
We have rented a built-up area of 4,000 sqft. which has a spacious bar, DJ console, and 1,000 sqft kitchen with all types of equipment. We have 6 years period of the rental agreement left. We were paying a rent of INR 10 lakhs before the lockdown. The rent could be negotiated down to INR 6 - 7 lakhs once reopened. We have a rental deposit of INR 60 lakhs which is included in the price.
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Earlier than 15 daysProprietor, Retail Industry, Mumbai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Hotel, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysProprietor, Trading - Agriculture Products, Mumbai, Individual Investor / Buyer connected with the Business