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Bar for Sale in Pondicherry, India

For Sale: Resto-bar business located in Puducherry that has a seating capacity of 80 pax.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 91 thousand
Run Rate Sales USD 84 thousand
EBITDA Margin 25 %
Industries Restaurants + 1 more
Locations  Pondicherry
Local Time 7:54 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 37.5 thousand (Native Currency: INR 3,200,000)
Reason: Moved to a larger project, and will not be able to spend time on this business.
Includes physical assets worth USD 29 thousand
Interested to connect with advisors
Documents
Business Overview
- The outlet has been non-operational since beginning of lockdown, but has recently opened up again.
- Used to receive an average of 60 daily customers before lockdown.
- There is a maximum seating capacity of 80 pax.
- Situated on the 5th floor of of a hotel and it attracts both domestic and international tourist all year long.
- There are live bands and other various gigs that take place at the outlet.
- Sale would include entire business and physical assets.
Products & Services Overview
Restobar serving multi-cuisine dishes, live bands, open mics and various gigs are performed occasionally, named as a happening spot in town.
Assets Overview
Furniture, kitchen equipment, complete interior design and setup.
Facilities Overview
Property is rented and has an area of 3,800 Sq. Ft.
Capitalization Overview
Not Disclosed
Recent Activity
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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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