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Newly Established Bar for Sale in Bengaluru, India

For sale: Thriving bar and restaurant business with a 330-seat capacity and loyal clientele.
This Business is on a Premium Plan
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
Overall Rating
Full Sale
Asking Price: USD 490 thousand (Native Currency: INR 42,500,000)
Reason: The owner is looking to retire and is therefore offering the business for sale.
Includes physical assets worth USD 490 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Bar License
Trade License
Business Overview
- Located in the bustling area of Chandapura, this bar and restaurant business offers a lucrative opportunity with a strong brand affiliation, ensuring high customer footfall.
- 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.
Products & Services Overview
Our best-selling items, cocktails, bar bites, pastries, and pizzas, are especially popular among our local customers.
Assets Overview
Tangible assets:
- 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.
Facilities Overview
The business occupies the 3rd and 4th floors of a rented property, covering a total area of 9,000 sq. ft, with a monthly rent of INR 2 lakh.
Capitalization Overview
The business is debt-free, operates as a sole proprietorship, and is entirely funded by the owner.
Recent Activity
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12 Buyers already contacted this Business. Register below to connect now!
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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