Newly Established Bar Investment Opportunity in Bangalore, India

Starting a high-end casual lounge with 600 people capacity to serve food and alcohol.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Restaurants + 1 more
Locations
Local Time
2:48 AM Bangalore
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Investment
USD 170 thousand for 35.0% stake (Native Currency: INR 13,000,000)
Reason: 1. Register the restaurant cum bar either as a partnership or Pvt Ltd company. Investor will get the... View More
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

The firm is into event management services for individuals and corporates having organized multiple events in the past. We are currently looking for funds to start a restaurant cum bar in the upmarket street in Bangalore which is next to UB City.

The restaurant & bar will initially start with serving continental foods and after 1.5 years, it will introduce alcohol and sheesha. We have identified a 4,800 sq ft divided into 2 floors and have spoken to the property owner to take up their facility on rent. After raising funds, we would finalize the rental agreement and register the restro-bar as a new entity (either Pvt Ltd or Partnership). The restaurant will be under our event management firm and the investor will get shares only in the restaurant business and not in the event management holding firm.

The founder is from the business family who are into F&B business and getting the CL9 license would not be difficult for us. Our restaurant would be able to accommodate 600 people. The business does not own any physical assets required for the restaurant.

Products & Services Overview

Start with serving continental foods in veg & non-veg format. After 1.5 years of operation, we would introduce alcohol and sheesha.

Facilities Overview
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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