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Bar Investment Opportunity in Bangalore, India

Starting a high-end casual lounge with 600 people capacity to serve food and alcohol.

Established 1-5 year(s)
Employees < 2
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Restaurants + 1 more
Locations  Bangalore
Local Time 2:54 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 180 thousand for 35.0% stake (Native Currency: INR 13,000,000)
Reason: 1. Register the restaurant cum bar either as a partnership or Pvt Ltd company. Investor will get the... View More
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Business Overview

The firm is into event management services for individuals and corporates having organized multiple events in the past. We are currently looking for funds to start a restaurant cum bar in the upmarket street in Bangalore which is next to UB City.

The restaurant & bar will initially start with serving continental foods and after 1.5 years, it will introduce alcohol and sheesha. We have identified a 4,800 sq ft divided into 2 floors and have spoken to the property owner to take up their facility on rent. After raising funds, we would finalize the rental agreement and register the restro-bar as a new entity (either Pvt Ltd or Partnership). The restaurant will be under our event management firm and the investor will get shares only in the restaurant business and not in the event management holding firm.

The founder is from the business family who are into F&B business and getting the CL9 license would not be difficult for us. Our restaurant would be able to accommodate 600 people. The business does not own any physical assets required for the restaurant.

Products & Services Overview

Start with serving continental foods in veg & non-veg format. After 1.5 years of operation, we would introduce alcohol and sheesha.

Facilities Overview

The restaurant cum bar will be on 2 floors with each being 2,500 sq ft. We have spoken to the property owner and after raising funds, we would enter into the rent agreement. The estimated deposit is INR 40 lakh with INR 4 lakh monthly rent.

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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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