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Newly Established Restaurant for Sale in Bangalore, India

For sale: Multi-cuisine family restaurant located in a prime area in Bangalore.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 5 - 10
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales USD 160 thousand
EBITDA Margin 20 - 30 %
Industries Restaurants
Locations  Bangalore
Local Time 7:00 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 40 thousand (Native Currency: INR 3,000,000)
Reason: - Partners are moving to other states, hence we are unable to operate. - We are selling the restaur... View More
Includes physical assets worth USD 70 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Business is a well-established multi-cuisine family restaurant offering dine-in, online orders, and outdoor catering services.

- We serve veg and non-veg dishes of South & North Indian cuisines, Chettinad, Tandoori & Chinese cuisine.

- The restaurant has a seating capacity of 60 individuals at a time, including the executive room.

- Daily footfall is around 30-40 people.

- The ambiance of the restaurant is spacious and attractive with newly renovated furniture which is an added advantage for parties and peaceful regular days.

- It is located in a prime location in Bangalore.

- There are no Chettinad style restaurants nearby and it gives a big incentive to our business.

- The business has experienced growth in revenue due to marketing and food quality but we are not operational for a few months due to Covid-19.

Products & Services Overview

- We serve Chettinad, North Indian, South Indian, Chinese, and beverages.

- Outdoor catering services, birthday parties, staff party and other indoor functions.

Assets Overview

- The buyer will get all the newly made modern furniture, kitchen equipment, CCTVs, mellow lighting system and a UPS power back up.

- Other miscellaneous assets include tandoor bhatti, dosa tawa, Indian two burner range & Chinese two-burner range, 4 doors vertical chiller, 2 doors vertical chiller, 3 doors working table with refrigerator, 2 doors chest freezer, microwave oven, and RO water systems, etc. We have expensive serving plates, five different types of starter plates, and biryani bowls, beautiful cutlery and crockery items for customer needs. We have enough cutlery, crockery and vessels for managing birthday parties around 100 people and outdoor catering service around 500 people.

Facilities Overview

- We have a rented 1,600 sq. ft. facility on the 1st floor with a separate storage area.

- The building has a various other cloth and consumer brands which makes the location usually busy and populated.

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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