Catering Company for Sale in Gurgaon, India
Cloud kitchen restaurant and corporate catering business with multiple brands and outlets across Delhi NCR.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 460 thousand |
| Run Rate Sales | USD 630 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Catering + 1 more |
| Locations | Gurgaon |
| Local Time | 6:25 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
145 thousand
(Native Currency: INR 12,500,000)
Reason: After successfully running for 4+ years, directors are moving to another business.
Includes physical assets worth
USD
116 thousand
Interested to connect with advisors
Documents
Business Overview
• Cloud kitchen and corporate catering business with 3 brands and 6 outlets across Delhi NCR.
• Our base kitchen is in Gurgaon and 6 outlets are across NCR in the prime areas of Gurgaon, Noida, South Delhi, and Ghaziabad.
• Our brands serve north Indian cuisine, salads, and daily meals. Our brands are listed on Swiggy and Zomato and each outlet serves products of all 3 brands.
• We have built a highly scalable and lean network of plug & play cloud kitchens delivering meals in warm & chilled formats.
• We also provide catering services to corporate clients and had contracts with 2 major PSUs. We served 2,000+ meals daily through our network of distribution outlets in Delhi NCR. Due to COVID, the contracts have not been renewed yet.
• Revenue split is 80-20 between cloud kitchen and catering.
• Net Revenue for last financial year ~ INR 4 crore with Y-o-Y growth of 140%.
• Monthly revenue run-rate INR 45 Lacs+ since last September with a 220% Y-o-Y growth.
• EBITDA positive since last August.
• All the numbers mentioned on the profile are pre Covid.
• Business registered office is in Ghaziabad, but our base kitchen and operations are out of Gurgaon.
• Our base kitchen is in Gurgaon and 6 outlets are across NCR in the prime areas of Gurgaon, Noida, South Delhi, and Ghaziabad.
• Our brands serve north Indian cuisine, salads, and daily meals. Our brands are listed on Swiggy and Zomato and each outlet serves products of all 3 brands.
• We have built a highly scalable and lean network of plug & play cloud kitchens delivering meals in warm & chilled formats.
• We also provide catering services to corporate clients and had contracts with 2 major PSUs. We served 2,000+ meals daily through our network of distribution outlets in Delhi NCR. Due to COVID, the contracts have not been renewed yet.
• Revenue split is 80-20 between cloud kitchen and catering.
• Net Revenue for last financial year ~ INR 4 crore with Y-o-Y growth of 140%.
• Monthly revenue run-rate INR 45 Lacs+ since last September with a 220% Y-o-Y growth.
• EBITDA positive since last August.
• All the numbers mentioned on the profile are pre Covid.
• Business registered office is in Ghaziabad, but our base kitchen and operations are out of Gurgaon.
Products & Services Overview
- Cloud kitchen business (6 outlets, 3 brands - North Indian, salads, daily meals)- Corporate business catering (events, daily meals)
- Chilled/frozen meals (both B2C and B2B - a perfect time to market during COVID situation)
Assets Overview
Fully equipped base kitchen, cloud kitchen brands, and rented cloud kitchens outlets. Assets include blast chillers, rational combination oven, cold rooms, 10+ double door refrigerator, regeneration ovens, 20+ cambros for transportation, 20+ microwaves, packaging machines, and 1 refrigerated van.
Facilities Overview
- Rented 6,000 sq. ft. base kitchen in Gurgaon, Capacity: 20k+ meals per day with our own temperature-controlled logistics.- 6 rented cloud kitchens spread across National Capital Region (easy to add more outlets- Smaller space requirement: <100 sq. ft, low rental, no manufacturing/cooking at the outlet)
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Food And Restaurant, Palwal, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Corporate Caterer/Bulk Catering, Gurgaon, Corporate Investor / Buyer connected with the Business
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