Cafe for Sale in Cuttack, India
Odisha's first unique themed cafe with a seating capacity of 65+ is up for sale.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 20 - 30 thousand |
| Run Rate Sales | USD 30.6 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Cafes |
| Locations | Cuttack |
| Local Time | 6:27 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
42.5 thousand
(Native Currency: INR 4,000,000)
Reason: The owner will relocate to another area and start another business.
The high valuation takes into a...
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Includes physical assets worth
USD
37 thousand
Interested to connect with advisors
Documents
Business Overview
- One of the first cafes to provide a state-of-the-art ambience in the most happening area of Cuttack, nestled between big businesses, and 3 major colleges.
- With an average footfall of 20-25 on weekdays and 30-40 on weekends, this cafe has turned out to be the people's favourite cafe in a span of 1 year.
- Over 50% of customers are repeated customers and are increasing month by month.
- Average ticket size of each customer is INR 500-800.
- With a steady rating of 4.1 stars on Google and 4 stars on Zomato, we are one of the top-rated cafes in the town with a follower base of more than 600 people. The cafe gets mentioned in multiple blogs and influencer posts because of the ambience, food and service provided.
- The cafe has 9 active employees working in the kitchen, service and utility departments.
- Staff breakup: front of house - 4; back of house - 4; and 1 for utility. Need 9 employees to provide top quality food and service to our customers.
- Revenue split of 70:30 between dine-in and online orders.
- The cafe has received multiple franchise requests after just 6 months of operations.
- The cafe has also been nominated for 'The Best Cafe in Cuttack' by Merit Awards & Market Research.
- With an average footfall of 20-25 on weekdays and 30-40 on weekends, this cafe has turned out to be the people's favourite cafe in a span of 1 year.
- Over 50% of customers are repeated customers and are increasing month by month.
- Average ticket size of each customer is INR 500-800.
- With a steady rating of 4.1 stars on Google and 4 stars on Zomato, we are one of the top-rated cafes in the town with a follower base of more than 600 people. The cafe gets mentioned in multiple blogs and influencer posts because of the ambience, food and service provided.
- The cafe has 9 active employees working in the kitchen, service and utility departments.
- Staff breakup: front of house - 4; back of house - 4; and 1 for utility. Need 9 employees to provide top quality food and service to our customers.
- Revenue split of 70:30 between dine-in and online orders.
- The cafe has received multiple franchise requests after just 6 months of operations.
- The cafe has also been nominated for 'The Best Cafe in Cuttack' by Merit Awards & Market Research.
Products & Services Overview
- Wide range of coffee menu made using freshly roasted coffee beans from Koraput, Odisha, and Chikmagalur in Karnataka. Coffee is brewed using a professional-grade Italian espresso machine.- Authentic Italian pizza is made from the fresh in-house dough-making process.
- Other products include authentic pasta, in-house grilled burgers, cafe-made bread sandwiches, and more.
- Services such as private parties, corporate events, and other celebrations are provided to the customers.
- Workspace is provided to work-from-home employees with good facilities.
- Live music every weekend.
- Corporate events throughout the year.
- Separate smoking and dining area with a seating capacity of 15.
- Digital menu for efficient ordering and billing.
Assets Overview
Tangible assets - Interiors, furniture, high-end equipment, POS system, other equipment, and electrical items.Intangible assets - Social media accounts, customer database, and cloud-based data of sales.
Facilities Overview
- The cafe is situated on the second floor of a commercial building with ample parking space and lift service in the CDA area of Cuttack.- The cafe is spread over 1,680 sq. ft, divided into two sections (smoking and non-smoking area) with a total seating capacity of 65 pax.
- The cafe is rented for an agreement of 3 years out of which almost 2 years are completed. The property owner has agreed to renew the agreement for the next 10 years with the same terms and conditions after the completion of tenure. The monthly rent is INR 33,500 (including lift maintenance). A security deposit of INR 1 lakh is included in the asking price.
Capitalization Overview
- The cafe is completely bootstrapped. Funded by family completely.- Completely debt free business.
- 100 % Stake with the owner/founder.
- Sole proprietor.
Recent Activity
-
Earlier than 15 daysCEO, Recreational And Sporting Activities, Hyderabad, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysSales Manager, F&B, Pune, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, F&B, New Delhi, Individual Investor / Buyer connected with the Business
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