Newly Established Bar Equity Stake For Sale in Bengaluru, India
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | General Partnership |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Restaurants + 1 more |
| Locations | Bengaluru |
| Local Time | 2:02 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
- The project spans a 36,000 sq. ft. leased land parcel, with approximately 13,000 sq. ft. of constructed area across three floors and 23,000 sq. ft. of open space.
- The planned destination will accommodate approximately 900 covers and include a brewery, premium bar and restaurant, outdoor dining areas, events and group dining spaces, and 14 rooms.
- Revenue is planned across craft beer, food, cocktails and bar, outdoor experiences, events, and room accommodation. - The promoters have 10+ years of experience in the F&B industry, including experience operating a bar and restaurant business in Bengaluru.
- The project is currently approximately 40% complete and is planned for launch within 8–10 months from the current stage. - The business is currently in the pre-operational stage and is not generating revenue as the project is under construction. • The project is being developed on a 15-year lease with a monthly rent of INR 5 lakh.
- Approximately INR 10 crore of promoter capital has already been deployed toward construction, consultants, approvals, fabrication, electrical works, equipment, and other project expenses.
- The project is seeking additional external investment to complete construction, equipment, licensing, interiors, and operational setup.
- The business currently does not have any registration certificates in place and is in the process of completing the required registrations.