Bar Investment Opportunity in Mumbai, India

Company operates a bar and restaurant housed inside The Royal Opera House Mumbai.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Restaurants + 1 more
Locations
Local Time
10:23 AM India
Listed By
Management Member
Status
Active
Overall Rating
Seeking Investment
USD 130 thousand for 40.0% stake (Native Currency: INR 10,000,000)
Reason: To complete the renovation and resume operations.
Includes physical assets worth USD 200 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Business operates a bar and restaurant inside The Royal Opera House Mumbai.

- Opera house hosts over 200 shows, performance, and concerts every year and is one of the most iconic locations in India.

- We were running a continental restaurant that generated monthly revenue of around INR 80 lakh and a 25% profit margin. Due to COVID-19, the opera house is closed and we have temporarily shut down operations.

- Currently, we are renovating the space and converting the continental restaurant to an Indian restaurant. We also have a bar, a banquet hall, and 2 concession stands.

- Have exclusivity on catering special event bookings, weddings, industry functions, and festivals.

- Necessary restaurant and liquor licenses have been acquired.

- We are seeking funds to complete the renovation. Post obtaining funds, we expect to launch it in 1-2 months.

- Promoter and the chef have over 20 years of industry experience.

- Business owned assets include fixtures and furniture.

Products & Services Overview

Bar, restaurant, banqueting, concession, packaged food, and drinks.

Facilities Overview
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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