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Cloud Kitchen for Sale in Visakhapatnam, India

Assets of a cloud kitchen including the franchise agreement is for sale.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 41 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Cloud Kitchens
Locations  Visakhapatnam
Local Time 1:05 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 9.7 thousand (Native Currency: INR 900,000)
Reason: Owner is moving out of the city.
Includes physical assets worth USD 4.3 thousand
Interested to connect with advisors
Documents
Business Overview
- Business registered in Hyderabad and used to operate in Visakhapatnam.
- This outlet is a franchise of a well-known cloud kitchen brand. This brand is located in multiple states like Hyderabad, Pune, Bangalore and Visakhapatnam.
- Our outlet is non-operational now and was located in Nad Junction, Visakhapatnam.
- We have a franchise contract for 5 years and it is renewable.
- We pay a monthly royalty to the franchisor.
- Used to serve veg and non-veg food.
- Business has been stopped temporarily due to the pandemic.
- Have partnered only with Swiggy for now and could register on Zomato also.
- We used to receive 100-120 orders per day during weekdays and 120-150 orders during weekends at the time of operations.
Products & Services Overview
We specialized in serving south and north Indian food online.
Assets Overview
Franchise agreement, whole kitchen equipment set-up like the exhaust system, work station, minor and major utensils, storage facility, refrigerator, mixer, grinder, microwave, washbasin. There is no facility involved.
Facilities Overview
The facility is not available now and the buyer has to set-up the kitchen in a new location.
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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