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Restaurant for Sale in Bangalore, India

For Sale: Restaurant in Bangalore that has a seating capacity of 24 pax.
This transaction has concluded.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 36 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Restaurants
Locations  Bangalore
Local Time 6:43 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 14 thousand (Native Currency: INR 1,200,000)
Reason: Owner is looking to focus on other ventures.
Includes physical assets worth USD 12 thousand
Interested to connect with advisors
Documents
Business Overview

- Franchise of a well established QSR chain, based in Bangalore.

- The restaurant has been closed since the beginning of the lock-down and hasn't been opened since.

- Used to serve veg and non veg biryanis, rolls, chaats, cutlets.

- There is a maximum seating capacity of 24 pax.

- Used to receive an average of 50 daily customers and 50 online orders through Swiggy and Zomato.

- Used to generate an average of INR 4-5 lakh per month.

- We also used to have kiosks set up at various tech parks in Bangalore and were active with corporate clients such as ABB, Coke, Citicorp, WeWork, Brigade group techparks.

- Physical assets are kitchen equipment, AC, furniture and interior setup.

- Sale would include the physical assets and the private limited company. The brand name / franchisee will not be included in the sale. Buyer can continue at the property or move to a new property.

Products & Services Overview

Used to serve veg and non veg biryanis, rolls, chaats, cutlets.

Facilities Overview

Property is rented and has an area of 550 Sq. Ft.

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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