Fast Food Restaurant for Sale in Chennai, India
Franchisee of a well known Indian Non-Veg Quick Service Restaurant for sale in prime location in Velachery, Chennai
This transaction has concluded.
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 30 thousand |
| Run Rate Sales | Undisclosed |
| EBITDA Margin | Undisclosed |
| Industries | Fast Food Restaurants |
| Locations | Chennai |
| Local Time | 7:10 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
70 thousand
(Native Currency: INR 6,000,000)
Reason: Health concerns.
Interested to connect with advisors
Business Overview
Franchisee of a well known Indian Non-Veg Quick Service Restaurant for sale in prime location in Velachery, Chennai.
Famous for it's authentic smoked grill non-veg menu, which sets apart the restaurant.
Prime location in Chennai, en route Pheonix Mall, and close to IT parks and educational institutions.
Brand new establishment with exquisite interiors and all facilities. Investment in infrastructure is Rs. 45 lakhs.
Average monthly sales of Rs. 2-2.5 lakhs currently.
Franchise fee of Rs. 6 lakhs, for a time period of 5 years (negotiated from a fee of Rs. 8 lakhs). Royalty of 3% for the first year and 5% for the second year onwards.
Products & Services Overview
Not Disclosed
Facilities Overview
950 Sq Ft carpet area. Rent of Rs. 1,60,000. Rental advance of Rs. 15 lakhs (included in the asking price).
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCEO, Trading Company, Chennai, Individual Investor / Buyer connected with the Business
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