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Bar Investment Opportunity in Hyderabad, India

Prominent restaurant and nightclub with 160 pax accommodation located in a busy/commercial area.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 570 thousand
Run Rate Sales Nil
EBITDA Margin 20 - 30 %
Industries Restaurants + 1 more
Locations  Hyderabad
Local Time 2:35 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 173 thousand for 49.0% stake (Native Currency: INR 15,000,000)
Reason: We are raising funds to expand our business to another city precisely Bangalore.
Includes physical assets worth USD 350 thousand
Interested to connect with advisors
Documents
Business Overview
- Restaurant, bar and nightclub serving multi-cuisine food with 160 pax that can be increased up to 300 - 350 people on the dance floor.
- We are temporarily shut during the pandemic.
- Restaurant is located in a very busy/commercial area.
- Target the budget-friendly market with happy hours offerings on weekdays. We are undergoing renovations so that we can target a higher income market. Over 60% of the work has been already completed (Expanding the floor and seating capacity).
- The restaurant has been listed on print media through magazine articles.
- Prior to the pandemic, we had a weekday occupancy of 50%-60%, 100% occupancy on Fridays and Saturdays and 70%-80% occupancy on Sundays.
- Considered among the top 10 bars in the city with an average rating of 4.3 stars across major social media platforms like Zomato.
- We have 10 - 12 kitchen staff and 10 - 15 employees on a contract basis (Drivers, Housekeeping & Bouncers)
- Have some corporate tie ups with major IT companies for their team outings.
- We have 2 inhouse DJs and host regular night club events like Bollywood Night and Hip-Hop Night.
- Promoter has experience in this particular segment for the past 8+ years and owns other restaurants and bars.
- We stand out as one of the famous budget friendly bars in the city with a good event line-up having famous artists performing on all the days of a week.
Products & Services Overview
We serve multi-cuisine food, and have a variety of Cocktails that we specialize in. Offer music and live entertainment. We have in-house DJ's and in-house bands.
Assets Overview
The entire built-up infrastructure of the restaurant including kitchen equipment and restaurant interiors.
Facilities Overview
Restaurant has a built-up area of 8,500 square feet. Out of which 6,000 square feet is on level 1 and we have a 2,500 square feet of mezzanine floor.
We have 2 floors totally with three different sections including an open to sky dance floor.
We pay INR 2.5 lakh/monthly for rent & maintenance and have already paid 6 months advance to the builder.
Property is leased out for 10 years since 2015 and is registered.
Capitalization Overview
Not Disclosed
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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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