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Newly Established Cafe and Office Space for Sale in Mumbai, India

Workspace Cafe in prime location in Mumbai revolutionizing the workspaces for entrepreneurs, businessmen, and students.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 28 thousand
Run Rate Sales USD 30 thousand
EBITDA Margin Operating at loss
Industries Cafes + 1 more
Locations  Mumbai
Local Time 5:44 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 39 thousand (Native Currency: INR 3,500,000)
Reason: The owner is relocating out of the country and wants to utilize future potential- 1) Open multiple ... View More
Includes physical assets worth USD 39 thousand
Interested to connect with advisors
Documents
Business Overview
- This company is the very first workspace cafe truly built for the gig economy.
- Located in one of the best areas in Hiranandani, the cafe is nestled between entrepreneurs, businesses, large corporates, and colleges like IITB.
- With a gross margin of 79%, the company was able to be EBITDA positive within ten months of opening, thanks to its loyal customers.
- With a steady rating of 4.7 stars on Google, the business is one of the best-rated cafe's in the Powai region and is mentioned multiple times by major influencers and blogs, with over thousands of followers, as one of the best places to work out of in Mumbai and India.
- High growth startup (~150% QOQ) with expected stable cashflows in coming months.
- Over 60% of the company's customers are repeated customers and are increasingly opting for the CnB wallet-based loyalty system, similar to the one implemented by Starbucks, and over 20% of the total sales are made through the wallet.
- Completely bootstrapped, the cafe has been growing its brand name and strength with a very lean model.
- Multiple interests in franchises have been received due to the robust, lean, and unique model.
- The company has 6 employees working in the sales, marketing, finance, and food departments.
Products & Services Overview
Please take look at our Brand Presentation for Concept and services overview.
Assets Overview
Tangible assets include kitchen equipment, furniture, sound system, POS setup, AC setup, and storage.
Intangibles include supplier lists and contacts, social media pages including Youtube, Instagram, and google pages, and regular customer lists including workspace bookings, and corporate clients.
Facilities Overview
800 sq ft of area with a monthly rent of INR 85,000/- in prime location in Hiranandani, Powai, Mumbai.
Capitalization Overview
- The business is funded through personal funds only.
- The company has 1 director and has no debts or outstanding loans.
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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