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Newly Established Bar for Sale in Andheri, India

For Sale: Casual dining restaurant cum pub in a premium location of Andheri West.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Restaurants + 1 more
Locations  Mumbai + 1 more
Local Time 10:08 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 180 thousand (Native Currency: INR 15,000,000)
Reason: Owners are busy with other activities.
Includes physical assets worth USD 170 thousand
Interested to connect with advisors
Documents
Business Overview

- We are a casual dining multi cuisine restaurant cum pub in a good location.

- The outlet has a premium location in Andheri West with a large potential clientele.

- We operated for around 10 days before being temporarily closed due to the current global situation and have recently reopened.

- Our brand has received various awards in best cocktail segment and has been very successful.

- We have a seating capacity for more than 120 people and also have a listing on Zomato.

- There is also a DJ set up and parties can be held for up to 120 people.

- Projected average monthly revenue of the brand is approximately INR 40 lakh based on the revenue of nearby outlets.

Products & Services Overview

Multi cuisine casual dining restaurant with a unique menu and DJ set up. Can cater to office crowds and parties of up to 120 people.

Assets Overview

Complete new set up with chairs, high tables, tables, kitchen equipment, furnishings, cutlery and glasses including the bar licence.

Facilities Overview

Rented area of 2,250 Sq Ft on the ground floor. Rental was started in Jan 2020 with a lock in of 3 years. Rent is INR 5.5 lakhs which can be negotiated due to the pandemic.

Capitalization Overview
Not Disclosed
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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