Karaoke Bar Restaurant for Sale in Bangalore, India

Bar and Restaurant, served in a relaxed, industrial space with karaoke and live music.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 320 thousand
EBITDA Margin 30 - 40 %
Industries Restaurants and Bars
Locations  Bangalore
Local Time 2:57 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 240 thousand (Native Currency: INR 18,000,000)
Reason: Reason for sale: Health reasons and moving out of country.
Includes physical assets worth USD 70 thousand
Interested to connect with advisors
Documents
Trade License
VAT registration
Business Overview

- Footfall per month = 2000 ( included loyal repeated customers )

- Voted one of the best bars and restaurants in Bangalore by Zomato.

- Growth potential = 27% @ current rate of business.

- Market potential EBITDA ( Projected Annually ) INR 3.4Cr+

- Over 20 corporate tie-ups.

- Official and exclusive preferred partner of Bacardi India, Diageo, USL, and United Breweries.

- One of the best Karaoke bars in Bangalore. Known for its events as well.

- Active CL9 with lowest deposit and lease.

- Active trade license.

Products & Services Overview

Food and beverage that includes the best Burgers, Sandwiches, Bar-finger-food, Pastas, Indian Food, Limited Oriental and Excellent Goan Food, Signature Cocktails, Mocktails Etc.

Events.

Out door catering ( includes onsite parties, events etc )

Facilities Overview

Built up area = 10,000 sq. ft.

CL9 lease = INR 1.38 lakhs per month.

Land rent = INR 1.80 lakhs per month.

Ground floor plus mezzanine.

Recent Activity
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This transaction has concluded. 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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