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Fast Food Restaurant Equity Stake For Sale in Mumbai, India

India-based waffle QSR chain with strong franchise network seeking investment to scale nationwide expansion.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 420 thousand
Run Rate Sales USD 440 thousand
EBITDA Margin 30 %
Industries Fast Food Restaurants
Locations  Mumbai
Local Time 5:55 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Partial Stake Sale
USD 530 thousand for 10.0% stake (Native Currency: INR 50,000,000)
Reason: The investment will be used to expand company-owned and franchise outlets across key cities, strengt... View More
Includes physical assets worth USD 370 thousand
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Business Overview
- India-based QSR vegetarian dessert brand specializing in waffles, gelatos, shakes, and related products.
- Pioneer of the stick waffle concept with strong brand recall and presence across 120+ locations and 80+ operational outlets.
- Operates a scalable hybrid model combining company-owned stores and franchise-led expansion (FOFO model).
- Generates revenue through franchise fees, royalty income, company-owned outlets, and supply of proprietary premixes.
- Targets high-frequency consumer segments including Gen-Z, millennials, families, and mall/high-street footfall audiences.
- Strong product portfolio including signature SKUs like Biscoff, Nutella, Oreo, and innovative waffle formats driving repeat demand.
- Established brand campaigns and marketing initiatives contributing to strong customer engagement and sales growth.
- Backed by experienced promoters with deep expertise in food retail and franchise scaling.
- Lean central team of 50 employees managing operations, supply chain, and franchise network.
- The business has an incorporation certificate, FSSAI license and GST certificate.
Products & Services Overview
Waffles, gelatos, shakes, and desserts for Gen-Z, families, and high-footfall retail consumers.
Assets Overview
Intangible assets include the registered brand and trademarks, proprietary recipes and premix formulations, franchise network and SOPs, customer goodwill, digital and social media presence, vendor and supply chain relationships, franchise agreements, and branded packaging and POS systems.
Tangible assets include store interiors, kitchen equipment, furniture, signage, and fixtures.
Facilities Overview
The business operates through compact, high-efficiency outlets of 200–300 sq. ft. across malls and high streets, primarily on leased premises, while centrally managing sourcing, premix production, branding, and franchise support operations.
Capitalization Overview
The business has two shareholders, no outstanding loans, and is funded by the owners.
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9 Investors viewed this Business this week. Register below to connect now!
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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