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Newly Established Bar for Sale in Pondicherry, India

For Sale: Multi-cuisine restaurant with attached bar located on a busy street serving 150 customers daily.
This transaction has concluded.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 170 thousand
Run Rate Sales USD 130 thousand
EBITDA Margin 30 %
Industries Restaurants + 1 more
Locations  Pondicherry
Local Time 1:54 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 80 thousand (Native Currency: INR 7,000,000)
Reason: The owner is relocating to a different city.
Includes physical assets worth USD 60 thousand
Interested to connect with advisors
Documents
FSSAI License
Business Overview

- Serve multi-cuisine food and have an alcohol license that allows us to serve hard and soft liquor.

- Restaurant is placed on a busy street with high foot-fall at a prime location.

- Currently, the restaurant is 80 pax with a capacity to accommodate up to 160 people.

- Serve 150 customers on a daily basis. Pre COVID-19, however, we served 250+ customers daily. Have 14 - 15 tables available at the restaurant.

- Have hired 4 chefs currently.

- Conducted 4 - 8 parties and events monthly during the previous year.

- The restaurant is located inside a vintage and antique building with a beautiful facade.

- Registered on Zomato for home delivery. We primarily focus on dine-in patrons.

Products & Services Overview

Serve multi-cuisine food including Arabic, tandoori and Mexican food. We also have an alcohol license to serve hard liquor.

Assets Overview

The buyer will receive a fully furnished restaurant with bar attached. The kitchen is fully equipped and some of the kitchen equipment include 3 deep freezers, 3 vertical chillers, 4 gas range, 1 tandoori pot and a host of kitchen utensils and other equipment. The restaurant is full air-conditioned with a 12 ton split ac.

Facilities Overview

The restaurant has a built-up area of 6,000 square feet (2 floors and roof-top) with a furnished area of 4,000 square feet and option to expand to the roof-top which is unfurnished currently. We pay a monthly rent of INR 1 lakh and have paid a deposit of INR 10 lakh.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View 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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