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Bar for Sale in Mumbai, India

Mumbai's leading sports bar in Andheri, successfully operating, now seeking new ownership.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 400 - 500 thousand
Run Rate Sales USD 450 thousand
EBITDA Margin 10 - 20 %
Industries Restaurants + 1 more
Locations  Mumbai
Local Time 8:32 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 212 thousand (Native Currency: INR 20,000,000)
Reason: Seeks a change in ownership since the owner is shifting abroad abroad. We plan to sell the Franchise... View More
Includes physical assets worth USD 212 thousand
Documents
Business Overview
- We are offering a fully functional and operational bar and restaurant setup for sale.
- It is a franchise of a renowned brand, the royalty is 8% on monthly sales and the brand fee to be paid is INR 15 lakh.
- The complete operation is managed by the brand itself.
- The buyer can choose to continue as a franchisee or rebrand with a new setup.
- The establishment has a seating capacity for approximately 80 people and is located in the heart of Andheri East.
- Designed in exquisite British pub style with state-of-the-art sound and over 7 large screens.
- Primary revenue is generated from walk-in sales.
- During weekdays, we receive around 60-70 orders, and on weekends, approximately 150-200 orders per day.
- We serve both vegetarian and non-vegetarian food.
- The setup includes English wood furniture and modern kitchen equipment.
- Situated in a well-known and popular location on a prominent road.
- A favourable deal as the buyer can instantly activate the business with a plug-and-play setup.
- Features a fully functional kitchen setup and modern bar setup with stainless steel bar rails.
- Equipped with two separate washrooms for men and women.
- The buyer will receive a ready-to-move-in setup with an ongoing business.
- Takeover or change of ownership can be completed immediately.
- Available at one of the lowest investment levels possible, with the buyer receiving bar license rights.
- The sales have slightly reduced due to competition.
- The company holds FSSAI, Food, Fire and Liquor licenses.
Products & Services Overview
We are Mumbai's favorite sports bar, thriving for 6 years near the International Airport, serving corporates, travelers, and mega sporting communities citywide.
Assets Overview
Tangible assets: pure English style and metal furniture for over 80 people, state-of-the-art sound systems, 8 ultra large screens for surround viewing, fully functional kitchen setup, modern bar setup, 2 washrooms for men & women, bar license rights.
Assets breakdown:
INR 0.50 crore worth of interior.
INR 0.35 crore worth of kitchen Equipment.
INR 0.15 crore worth of bar equipment.
INR 0.20 crore worth of screens, and audio systems.
INR 0.30 crore worth of furniture and fixtures.
Other assets like high-end interior works worth INR 0.30 crore.
Facilities Overview
Rented 2,000 Sq Ft of space with restaurant and bar setup, fully setup kitchen, 2 washrooms and a large bar counter and bar area.
The rent per month is INR 6 lakh.
Located in Sakinaka Andheri.
Capitalization Overview
- The business is owned by a single owner who has 100% ownership.
- Business is funded by the user.
- The business is debt-free.
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
This transaction has concluded. View similar business opportunities on SMERGERS
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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