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Cloud Kitchen for Sale in Pune, India

Cloud kitchen facility built for one of the largest food delivery aggregators in the country.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees < 2
Legal Entity General Partnership
Reported Sales USD 18 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 30 %
Industries Cloud Kitchens
Locations  Pune
Local Time 3:24 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 80 thousand (Native Currency: INR 7,000,000)
Reason: We plan to sell this business to fund another opportunity that we have.
Includes physical assets worth USD 100 thousand
Documents
Business Overview

- We have built a cloud kitchen facility on a leased property. It is under our name but operated by one of the largest food delivery aggregators in the country. The operations started towards the end of last year.

- Located in a prime location within a mall with access from internal mall road and exclusive parking for delivery agents outside the unit.

- We have a contract with the delivery aggregator on a fixed income model of around INR 5.1 lakh monthly.

- The contract, which is renewable at the agreement of both parties, has 3 years left.

- This contract has a lock in period of 2 years from the aggregators side, however, it can be negotiated by the buyer and terminated in order to operate own business.

- There is a huge demand for rental cloud kitchens due to the current global situation and since it is considered an essential service there would be no stoppage of business.

- The kitchen operation makes a revenue of around INR 25 lakhs on a monthly basis.

- There is space for 8 big kitchens of 300 Sq Ft each and a mini kitchen which is half the size.

Products & Services Overview

Cloud kitchen facility built by us with all the required infrastructure and utility. The operations are done by one of the largest food aggregators in the country.

Assets Overview

The buyer will get the complete kitchen setup. This includes a massive HVAC system, state of the art fire fighting equipment, complete piped gas system, high end electrical panels and fittings, full built up area, hoods and vents, portable grease traps and all the fixtures.

Facilities Overview

Rented space of 5,536 Sq Ft with 3,315 Sq Ft carpet area. There are 8 big kitchens and a mini kitchen. Rent of the space is INR 1,22,500 per month and CAM charges are 52,500 per month. The agreement we have with the land owner is that rent increases by INR 10,000 per month every 11 months. The agreement is for 5 years which is extendable. Lock in period is for 2 years which started towards the end of last year and GST will be payable over these rates.

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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