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Catering Business Investment Opportunity in Chennai, India

Catering and restaurant business that has given 3 restaurant franchise seeks funding to open a foodcourt.
This transaction has concluded.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 97 thousand
Run Rate Sales USD 104 thousand
EBITDA Margin 12 %
Industries Catering
Locations  Chennai
Local Time 3:35 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 21.6 thousand for 30.0% stake (Native Currency: INR 2,000,000)
Reason: To construct the foodcourt using pre-engineered structures, for interiors, for maintenance and promo... View More
Includes physical assets worth USD 21.6 thousand
Interested to connect with advisors
Documents
Business Overview
- Catering and restaurant brand located in Chennai.
- Have given out three franchise in Chennai. Each of those restaurant is around 600 sqft.
- We undertake 3-6 catering orders per month. These orders are usually for marriages, parties and events.
- We do not have a separate cooking space for catering. We utilize one of the franchise restaurant's space to cook.
- Location has been finalized for the proposed food court and it would take around 6 months to construct the food court and start operations.
- Totally 20 shops will be set up at our food court and those shops would be given on rent to other restaurant and vendors.
- We will start the construction once we receive funds.
- Business owns kitchen equipment, brand.
Products & Services Overview
- We serve veg and non-veg North Indian, South Indian, Chinese dishes. We also offer customization of food for events and marriages based on customer requirements.
Facilities Overview
- Have a rented office space in Chennai.
- Have finalized 7,000 sq ft vacant land to construct the food court. The place is leased for 5 years for INR 1 lakh monthly rent and INR 5 lakh advance payment.
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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