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Cafe for Sale in Chennai, India

For sale: Cafe with a growing customer base and prominent location on the main road.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 10 - 20 thousand
Run Rate Sales USD 16 thousand
EBITDA Margin 15 %
Industries Cafes
Locations  Chennai
Local Time 5:55 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 8.7 thousand (Native Currency: INR 780,000)
Reason: Unable to concentrate as the owner has other businesses. Shall explain more in person. Buyer will h... View More
Includes physical assets worth USD 6.7 thousand
Interested to connect with advisors
Business Overview
- Located on the main road in South Chennai near hospitals and schools and surrounded by apartments with 40-50 daily customer walk-ins and supplying to 4 corporate customers as well.
- Due to the ongoing metro works, the walk-ins have reduced and our daily sales now stand at INR 3,500-4,000.
- This is a franchise cafe where the royalty is fixed at 1/30 of monthly sales. The agreement is valid for 3 more years and can be taken up by the buyer by paying an extra INR 1 lakh.
- Buyer gets all the equipment and they can continue operating in the same location upon transferring the rental ownership paying the security.
Products & Services Overview
We are a franchise cafe that serves varieties of tea, coffee, snacks, and sandwiches.
Assets Overview
Tangible assets include everything from the cutlery, electric boilers, 1 induction stove, 4 SS tables, electric warmers, sandwich maker, 180 ltr fridge, all of the seating furniture, CCTV camera setup with monitor TV, and other FF&E.
Intangible assets include the franchise agreement, and listing on Zomato.
Facilities Overview
200 sq. ft. of the rental shop, with a security deposit of INR 3.5 lakh, on the ground floor with limited seating facility. It is located on the main road in South Chennai near schools, and hospitals, and very near to an upcoming metro station.
Capitalization Overview
This is a debt-free sole proprietorship. The business is funded by owners' capital. The company has one owner with a 100% stake in the company. The business does not have any outstanding liabilities.
Recent Activity
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2 Buyers already contacted this Business. Register below to connect now!
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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