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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 470 thousand
Run Rate Sales USD 630 thousand
EBITDA Margin 10 - 20 %
Industries Catering + 1 more
Locations  Gurgaon
Local Time 2:07 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 146 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 117 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.
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
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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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