Cafe for Sale in Lucknow, India
Entire set of kitchen equipment for an ice cream and fast-food outlet.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Other |
| Reported Sales | USD 2.84 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | 5 % |
| Industries | Cafes |
| Locations | Lucknow |
| Local Time | 5:27 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
5.7 thousand
(Native Currency: INR 500,000)
Reason: Owner wants to retire.
Includes physical assets worth
USD
3.4 thousand
Interested to connect with advisors
Documents
GST Certificate
(79.8 KB)
ROC-Verification.pdf
(59.8 KB)
Business Overview
- We used to sell all vegan popsicles, gelato and ice creams under a very popular brand when the business was operational. According to the franchise agreement, however, we can sell waffles, brownies and fast-food items such as burgers and fries.
- The business was operational for 6 months. During these months, we received approximately INR 80,000 on a monthly basis. The sales were low since it was winter season and also because we were only selling ice creams and popsicles.
- The rental agreement on the business' former premises has been terminated. Only the assets and the franchise agreement will be transferred to the new owner.
- The business has hired 2 employees and they are paid INR 8,000 on average. The current employees can be transferred to the new owner.
- According to the franchise agreement, the new owner will have to pay around 5% of the monthly sales revenue as franchise fees.
- Owner had invested over INR 10,00,000 on acquiring the kitchen equipment and the franchise license.
- The promoter recommends the new investor to seek an alternate property on a high street road or commercial area.
- The business was operational for 6 months. During these months, we received approximately INR 80,000 on a monthly basis. The sales were low since it was winter season and also because we were only selling ice creams and popsicles.
- The rental agreement on the business' former premises has been terminated. Only the assets and the franchise agreement will be transferred to the new owner.
- The business has hired 2 employees and they are paid INR 8,000 on average. The current employees can be transferred to the new owner.
- According to the franchise agreement, the new owner will have to pay around 5% of the monthly sales revenue as franchise fees.
- Owner had invested over INR 10,00,000 on acquiring the kitchen equipment and the franchise license.
- The promoter recommends the new investor to seek an alternate property on a high street road or commercial area.
Products & Services Overview
According to the franchise agreement, we can sell all vegan popsicles, natural ice creams, waffles, brownies, and fast food items such as burgers, sandwiches, pasta, wraps, and fries.
Assets Overview
The following assets are included in the transaction: 3 freezers (1 Godrej deep freezer, 1 Williams popsicle display and 1 Euronova freezer display), 1 bakery display, 1 ISB oven (approximately costing INR 8,000), 2 waffle makers costing INR 6,000 - INR 7,000, 1 ITC shaker costing INR 19,000 approximately.All the assets are in excellent working condition (almost new) and are 5-6 months old. One of the freezers is 1 year old.
Facilities Overview
Rental agreement with the current landlord has been terminated.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysGeneral Manager, Distributor Of Beverages, Lucknow, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysGM, Event Management, Lucknow, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Plastic, Lucknow, Corporate Investor / Buyer connected with the Business
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