Newly Established Restaurant for Sale in Bangalore, India
Newly established Chettinad/Karaikudi style restaurant in Bangalore with seating capacity of 30, receiving 50 orders/day.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 34 thousand |
| EBITDA Margin | Nil |
| Industries | Restaurants |
| Locations | Bangalore |
| Local Time | 4:08 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
14 thousand
(Native Currency: INR 1,200,000)
Reason: Not able handle the business single handedly.
Includes physical assets worth
USD
11.7 thousand
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Business Name
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User Verification
Documents
FSSAI License
(447.3 KB)
GST
(87.9 KB)
Business Overview
- Newly established, authentic Chettinad/Karaikudi style restaurant located in Bangalore.
- The restaurant has garnered a loyal customer base, with repeat guests and visitors from distant locations specifically seeking out the authentic taste of Madurai.
- Having commenced operations just two months ago, the restaurant has already established itself as a prominent presence in its developing area, which serves as a pivotal hub connecting New Airport Road, Nagavara, Manyata Tech Park, and Hebbal.
- With an average of over 50 orders per day and seating capacity of 30, the business predominantly generates its sales through walk-in customers.
- The average order value ranges between INR 150-200 and the business is generating INR 7k to 8k per day. The business is not profitable yet as it has just started operations.
- The restaurant has also capitalized on online food delivery services, with a presence on platforms such as Swiggy and Zomato.
- Business has an FSSAI license and GST registration.
- The restaurant has garnered a loyal customer base, with repeat guests and visitors from distant locations specifically seeking out the authentic taste of Madurai.
- Having commenced operations just two months ago, the restaurant has already established itself as a prominent presence in its developing area, which serves as a pivotal hub connecting New Airport Road, Nagavara, Manyata Tech Park, and Hebbal.
- With an average of over 50 orders per day and seating capacity of 30, the business predominantly generates its sales through walk-in customers.
- The average order value ranges between INR 150-200 and the business is generating INR 7k to 8k per day. The business is not profitable yet as it has just started operations.
- The restaurant has also capitalized on online food delivery services, with a presence on platforms such as Swiggy and Zomato.
- Business has an FSSAI license and GST registration.
Products & Services Overview
Dindigul chicken biryani, chettinad chicken and parotta varieties are top selling.Repeated guests and other guests from long distance visit the restaurant for the authentic taste of Madurai.
Majority of the sales are through walk-ins.
Assets Overview
Physical assets include:- 7 dining sets (4 chairs each)
- Desktop with POS.
- Card Machine.
- UPS.
- 2 Wall fans.
- 20+ ceiling LEDs.
- Name boards.
- Cash counter.
- Baine Marie.
- Chiller with shelf.
- Dosa stove and tava.
- Parotta stove and tava.
- Chimney.
- 2 Iron racks.
- 10 ltr grinder.
- 1 two burner stove.
- 1 single burner stove.
- Kitchen vessels (To run a big restaurant)
- 2 Standing tables.
- Parotta stand.
- Supporting table for the chef.
- SS wash basin.
- Ceramic wash basin.
- 3Ltr grinder.
- Glass closures.
- 2 Insect repellent.
- CCTV cameras.
- 2 Shadow canopies.
- 2 hole dosa support.
Facilities Overview
Rented facility with built-up area of 450 sq ft with 3 shutters, a separate kitchen is available apart from this measuring around 150 sq ft. (Suitable for any big catering cooking)Depost: INR 2,10,000, Rent: INR 35,000.
Location is Hennur, Bangalore.
Capitalization Overview
The business is self-funded.No outstanding loans or liabilities.
Sole proprietorship business.
No shareholders apart from the proprietor.
Recent Activity
-
Earlier than 15 daysSenior Software Engineer, IT Services, Bangalore, Individual Investor / Buyer connected with the Business
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