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Bar Investment Opportunity in Pune, India

Partial stake sale of restaurant and bar business located in Pune.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales USD 90 thousand
EBITDA Margin Nil
Industries Restaurants + 1 more
Locations  Pune
Local Time 1:50 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Partial Stake Sale
USD 70 thousand for 60.0% stake (Native Currency: INR 6,000,000)
Reason: Business operations stability, debt restructuring and expansion.
Includes physical assets worth USD 110 thousand
Interested to connect with advisors
Documents
Business Overview

- Upscale restaurant and bar located in a well-known area in Pune.

- We have already secured an FL3 liquor license and all other licenses.

- We have rented a place in Dahanukar Colony, Kothrud, which is around 3500 sq ft. It consists of ground and 1st floor.

- We are running a restaurant and bar at ground floor named Orbit with a seating capacity of 50 and another 60 seats could be done at upper section. The restaurant serves Indian, oriental and continental food. We have also been serving BIRA drought beer.

- We have a plan to start an authentic Maharashtrian cuisine restaurant with a bar at the upper place with a seating capacity of 60. We do not need any additional permits as we already have all the licenses in place for entire premises.

- We also have a plan to start 2 cloud kitchen which will be operated from the same premises. One is specialized in Chinese and another one in Indian cuisine with a targeted audience.

- We go by the plan at the end of March 2020 we will be operating 2 different kinds of restaurant and bars and 2 cloud kitchen.

Products & Services Overview

A restaurant and bar serving Continental, Indian, Chinese, Tandoor and Chinese cuisine.

Facilities Overview

Rented property with ground and 1st floor. Total area of 3,500 Sq. Ft. Leased for 5 years and extendable.

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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