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Catering Company for Sale in Chennai, India

Catering business in Ambattur, Chennai that has the capacity to serve 4,500+ meals per day.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 100 - 200 thousand
Run Rate Sales Nil
EBITDA Margin 10 - 20 %
Industries Restaurants + 1 more
Locations  Chennai
Local Time 3:25 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 58 thousand (Native Currency: INR 5,000,000)
Reason: Promoter intends to move to another line of business.
Includes physical assets worth USD 58 thousand
Documents
Business Overview
- Catering business based in Chennai. In the first 3 quarters of previous year, company served 800+ meals a day and in the last quarter, it served 1,500 meals per day. The business has the capacity to serve 4,500+ meals per day.
- Our clients include several corporate offices, factories & IT parks.
- Earlier the business followed a traditional restaurant / kitchen model but pivoted to become a catering company.
- Have experienced significant growth over the last few months as we streamlined our business.
- Reached a revenue of INR 22 lakh per month within 5 months with the changes we implemented.
- Most of our revenue comes from the catering vertical.
- We also offer a casual dining experience at our outlet.
- The facility has a seating capacity for 34 pax and an exclusive game room.
- We are listed on Zomato / Yumzy / Swiggy to cater to online orders.
- The business is ISO, FSSAI & HACCP certified and our kitchen is equipped with modern equipment.
- The business operations are temporarily affected due to COVID-19.
Products & Services Overview
Catering services and meals including breakfast, lunch, snacks and dinner. We primarily serve Indian cuisine (both Veg & Non Veg)
Assets Overview
Cooking wok, vegetable cutting machines, boiler, idly box, peeling machine, pulses cleaning machine, wet & dry grinders, dough kneader and mixies.
Facilities Overview
7,000 sq. ft. of leased space. Monthly lease rent of INR 1,00,000. Building deposit is INR 5,00,000.
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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