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Bar for Sale in Pune, India

Non-operational Pune based intercontinental bar and restaurant with seating for 110 for sale.

Established 1-5 year(s)
Employees < 2
Legal Entity General Partnership
Reported Sales INR 2 crore
Run Rate Sales Nil
EBITDA Margin Nil
Industries Restaurants + 1 more
Locations  Pune
Local Time 3:25 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: INR 80 lakh (Native Currency: INR 8,000,000)
Reason: Owners would like to move on to a different business.
Includes physical assets worth INR 40 lakh
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Business Overview
- Selling a fully functional and ready-to-operate intercontinental restaurant and bar located in the vibrant Koregaon Park area of Pune, an ideal spot for culinary enthusiasts and social gatherings.
- The business experienced a remarkable opening event, attracting over 300 guests, including several notable celebrities, showcasing its strong market appeal and potential for high-profile clientele.
- Achieved impressive monthly revenue of over INR 15 lakh, generated without any marketing efforts during its operational period, highlighting the restaurant’s inherent value and demand in the local market.
- Last year, the restaurant recorded an annual revenue of INR 2 crore, demonstrating its successful performance. However, it has been closed this year due to promoters focusing on other business ventures, presenting a unique opportunity for a new owner to capitalize on its existing success.
- The promoters bring a wealth of experience with 9 years in the restaurant and bar industry, ensuring a solid foundation for future growth and operational excellence.
- Fully licensed with FSSAI and GST, providing a compliant and trustworthy environment for both customers and potential investors.
- The restaurant boasts a seating capacity of 110 guests, creating an inviting and comfortable atmosphere for dining and socializing.
- Offers a diverse menu featuring both vegetarian and non-vegetarian options, catering to a wide range of dietary preferences and ensuring inclusivity for all guests.
- Specializes in East Asian and European cuisine, providing a unique culinary experience that appeals to a broad audience and encourages repeat visits.
- Well-integrated with popular food delivery platforms like Zomato and Swiggy, while primarily serving walk-in customers, enhancing its visibility and accessibility in the competitive food industry.
- On average, the restaurant handles approximately 500 orders per day during weekends, indicating a strong demand and customer loyalty.
- This is an exceptional opportunity for potential buyers to take over a thriving establishment with established clientele, proven revenue streams, and a prime location in one of Pune's most sought-after areas.
Products & Services Overview
Intercontinental restaurant and bar bestselling products are European food, our classic signature cocktails, Dimsum, Sushi and middle Eastern delights.
Catering to the local community in Pune.
Assets Overview
The restaurant is fully ready with all equipment, appliances, furniture, electronics and crockery ready to go.
Facilities Overview
Total area: 3,500 sq. ft.
Outside sitting area: 1,100 sq. ft.
Inside sitting area: 1,400 sq. ft.
Rental lease of 5 years which is valid for 3 more years with an option to extend the lease.
Rent per month is INR 3 lakhs + GST.
Located in Central Koregaon Park, Pune.
Capitalization Overview
Business is fully funded and bootstrapped with 3 owners.
The shareholding split is as such 50-30-20%
Vendor payments remaining of INR 10 lakh.
Recent Activity
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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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