Newly Established Bar for Sale in Bengaluru, India
Established | 0-1 year(s) |
Employees | 10 - 50 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 400 - 500 thousand |
Run Rate Sales | USD 490 thousand |
EBITDA Margin | 30 % |
Industries | Restaurants + 1 more |
Locations | Bengaluru |
Local Time | 2:37 AM Asia / Kolkata |
Listed By | Management Member |
Status | Active |
- Operating under the reputable CL9 Bar License and RVB License, the establishment promises compliance with Bangalore's regulatory requirements, streamlining the entry for new tenants into the hospitality sector. The sale includes all the licenses.
- With a spacious 330-seater capacity, the business caters effectively to both large and small gatherings, enhancing its potential for hosting events and increasing revenue streams.
- The team comprises 40 skilled employees, including experienced chefs with 13-14 years in the industry, ensuring high-quality service and culinary expertise.
- The business is well-represented on popular food delivery platforms such as Swiggy and Zomato, tapping into the growing demand for food delivery services and expanding its customer base.
- Enjoy consistent customer engagement with daily walk-ins of 50-60 on weekdays and a surge to 140-160 on weekends, reflecting strong market demand and brand loyalty.
- The sudden surge in our growth is due to the fact that we were undergoing renovations last year. With the renovations now complete and full operations resumed this year, we've experienced a significant increase in revenue.
- We are a sole proprietorship and have a valid trade license.
- Furniture and fixtures.
- Kitchen utensils and equipment.
- Inventory.
The tangible assets are valued at INR 5 crore, but we are offering them at a lower price to make the deal more attractive to investors.
Intangible assets:
- Client base.
- Trade license.
- CL9 bar license and RVB license.
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Earlier than 15 daysMD, IT Services, Bengaluru, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysGeneral Manager, Restaurant, Mumbai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCo-Founder, IT/ITES, Bengaluru, Corporate Investor / Buyer connected with the Business