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Fast Food Restaurant for Sale in Chennai, India

Fast food restaurant with a seating capacity of 50 located in commercial area in Chennai.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 140 thousand
Run Rate Sales USD 125 thousand
EBITDA Margin 40 %
Industries Fast Food Restaurants
Locations  Chennai
Local Time 12:22 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 87 thousand (Native Currency: INR 7,500,000)
Reason: The owner of the business is moving to their hometown and wishes to sell the business.
Includes physical assets worth USD 27 thousand
Interested to connect with advisors
Documents
Entrance
Business Overview
- On average, we make sales of around INR 20,000 to 25,000 daily.
- We have lots of returning customers.
- The restaurant receives around 200 walk-ins in a day with a lot of customers bringing their families.
- Average order value is INR 120.
- We have renovated our restaurant recently and increased our seating capacity to 52 people from 24 people. - Our restaurant has the highest seating capacity in our locality of shops.
- The restaurant has observed a phenomenal increase in new customers from the last year due to renovation.
Financials: - Total turnover of INR 9 lakh per month with INR 1.5 lakh received from the catering business.
- Made INR 78 lakh of sales from the restaurant business in the last year and the rest from catering.
- The business usually has fewer walk-ins during the final quarter of the financial year and that is why the sales have dropped marginally.
Products & Services Overview
- Biriyani.
- Chinese.
- Grill.
- Dosa.
- Parotta.
- Fish delicacies.
- Mutton delicacies.
Assets Overview
- 13 four seater tables.
- Cups.
- Spoons.
- Stoves for biriyani.
- Goodwill.
Facilities Overview
- The restaurant is operating from a rented space in T-Nagar.
- We cover an entire floor in the building occupying an area of 800 sqft.
- Monthly rent is INR 41,000 per month.
Capitalization Overview
- Business is a sole proprietorship with 100% shareholding with the owner.
- There are no debts or liabilities as part of the business.
Recent Activity
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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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