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Bar Investment Opportunity in Chennai, India

Resto-bar setup located in a 4 star hotel building seeks funding to accelerate the business.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 240 thousand
Run Rate Sales USD 220 thousand
EBITDA Margin 24 %
Industries Restaurants + 1 more
Locations  Chennai
Local Time 9:16 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 200 thousand for 80.0% stake (Native Currency: INR 16,000,000)
Reason: Looking to have a financial partner to accelerate the business.
Includes physical assets worth USD 140 thousand
Interested to connect with advisors
Documents
Business Overview

- This is a new age resto bar setup amidst the IT hub of Chennai at Sholinganallur.

- Restaurant's location has a working population of 1 million people within 2 km radius primarily working for big IT companies.

- Has a seating capacity of 80 pax in a 1,700 Sq. Ft. space and receives around 100 customers in a day.

- Serves veg and non-veg Mexican, Italian and Indian cuisine. Also, serve domestic and imported liquor.

- We want to implement operational and managerial changes in our business to improve our revenue and brand prospects.

Products & Services Overview

Domestic and imported liquor with best of Mexican, Italian and Indian cuisine.

Facilities Overview

Leased space of 1700 Sq. Ft. at ground floor of a 4 star hotel building.

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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