Catering Business for Sale in Noida, India
For sale: Noida based cloud kitchen with corporate clients serving 300+ meals a day.
| Established | 5-10 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 163 thousand |
| Run Rate Sales | USD 50 thousand |
| EBITDA Margin | 15 % |
| Industries | Catering + 1 more |
| Locations | Noida |
| Local Time | 4:49 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
31 thousand
(Native Currency: INR 3,000,000)
Reason: Promoter is relocating to another city and wishes to focus on another business.
Includes physical assets worth
USD
31 thousand
Interested in connecting with advisors
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Business Name
Not disclosed
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Business Overview
- Cloud kitchen with a capacity to make 4,000 meals a day.
- Serve only vegetarian meals at present.
- Offer catering services to 4 corporate companies in addition to takeaway services and selling our food through Swiggy and Zomato under our own cloud kitchen brand.
- Most of our revenue comes from corporate catering with negligible contribution from online orders and takeaway orders.
- We offer free food delivery services to clients within a radius of 6 km from the kitchen.
- The corporate catering agreements are renewed on a yearly basis.
- We were serving 400 - 500 meals each day with the help of 16 staff members before the COVID-19 situation.
- During this time, our average monthly turnover was INR 13 lakh.
- Due to the COVID-19 situation, our sales have dropped significantly and we currently manage operations with the help of 5 contract employees.
- Physical assets include kitchen equipment such as fridges, deep freezers, packaging machines, air suction, ducting and utensils.
- The buyer would acquire the legal entity, corporate contracts and all of its physical and intangible assets excluding the brand name which is not offered on sale.
- Serve only vegetarian meals at present.
- Offer catering services to 4 corporate companies in addition to takeaway services and selling our food through Swiggy and Zomato under our own cloud kitchen brand.
- Most of our revenue comes from corporate catering with negligible contribution from online orders and takeaway orders.
- We offer free food delivery services to clients within a radius of 6 km from the kitchen.
- The corporate catering agreements are renewed on a yearly basis.
- We were serving 400 - 500 meals each day with the help of 16 staff members before the COVID-19 situation.
- During this time, our average monthly turnover was INR 13 lakh.
- Due to the COVID-19 situation, our sales have dropped significantly and we currently manage operations with the help of 5 contract employees.
- Physical assets include kitchen equipment such as fridges, deep freezers, packaging machines, air suction, ducting and utensils.
- The buyer would acquire the legal entity, corporate contracts and all of its physical and intangible assets excluding the brand name which is not offered on sale.
Products & Services Overview
Fully equipped cloud kitchen serving vegetarian meals. The kitchen is equipped with a fridge, utensils, deep freezers, ovens, air-conditioners, air-duct, packaging machines, and other operational equipment.
Facilities Overview
Rented facility with a built-up area of 2,300 sq. ft. including a kitchen space of 1,500 sq. ft. Monthly lease rent of INR 25,000 which is expected to be increased to INR 36,000 in the next year. The rental deposit of INR 72,000 is included in the sale price.
Capitalization Overview
Not Disclosed
Recent Activity
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