Newly Established Restaurant for Sale in Bangalore, India

For Sale: Multi-cuisine restaurant located at Sarjapur Road that served 100 clients/daily prior to pandemic.
This Business is on a Premium Plan
Established
Employees
Legal Entity
Reported Sales
Run Rate Sales Nil
EBITDA Margin 20 %
Industries Restaurants
Locations  Bangalore
Local Time 11:16 PM Finland
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 20 thousand (Native Currency: INR 1,500,000)
Reason: This Indian restaurant has been acquired by us but we are based out of Finland. We were initially pl... View More
Includes physical assets worth USD 16 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Family restaurant for casual dining specializing in Indian, Chinese, Tandoori and Continental cuisine.

- Restaurant is at a prime location facing the main road, is Vastu compliant, and there are multiple IT parks nearby surrounded by residential societies. There is free parking for 10 cars available.

- The property has been acquired by the current promoter from the previous management. Transaction has been successfully completed but the property papers are yet to be transferred. The formalities are expected to be completed within a week and the restaurant will be closed until then.

- Restaurant has modern lighting and fittings, a fully-functional modern kitchen, attached staff quarters, free parking for 10 cars available.

- Due to the ongoing pandemic, the restaurant has been completely shut for dine-in patrons and online ordering. Planning to relaunch operations very soon.

- The restaurant has a seating capacity for 36 patrons that can be extended up to 40 patrons. Prior to the pandemic, we served 100 customers on weekdays and 150-200 customers on weekends. The approximate spending per head is INR 250-300.

- Restaurant has 2 chefs and 1 manager currently.

- Have engaged in digital and social media marketing and banner advertising to promote the business.

Products & Services Overview

Fully equipped multi-cuisine restaurant, casual dining, family restaurant with beautiful ambience.

Assets Overview

Restaurant has 2 air conditioning units, 2 refrigerators and 1 freezer, 3-4 stoves, 1 big pizza oven, 1 separate tandoor set-up. Besides that, the restaurant has seating arrangements for 40 people, lights, CCTV, desktop, software, and POS machine.

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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