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Newly Established Restaurant for Sale in Bangalore, India

Cafe offering Korean, continental, and Chinese cuisine, attracting a daily footfall of 40 customers.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 42 thousand
EBITDA Margin 40 %
Industries Restaurants
Locations  Bangalore
Local Time 6:08 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 33 thousand (Native Currency: INR 2,800,000)
Reason: The owner is moving to abroad.
Includes physical assets worth USD 29.5 thousand
Interested to connect with advisors
Documents
GST Certificate
FSSAI License
Business Overview
1. The cafe offers a unique mix of continental, Chinese, and Korean cuisine, catering to a diverse customer base with popular items such as boba, Korean fried chicken, and combo meals.
2. Located in a prime area in BTM, the cafe experiences a daily footfall of approximately 40 walk-ins, with an average of 400 regular customers per month, drawing from the nearby colleges, PGs, and workspaces.
3. The business achieved breakeven at the third month, demonstrating strong financial viability and performance.
4. With essential licenses in place including GST certificate and FSSAI license, the cafe has established a loyal customer base and diversified sales channels, including online platforms like Swiggy and Zomato.
5. The cafe has a daily table-wise customer capacity of 15-20, with an established team of 5 employees and 2 part-time workers, each paid INR 6,000.
6. The sale includes the entire set-up, rental advance, and crucial licenses, offering a turnkey opportunity for potential investors.
7. Korean cuisine is a unique offering provided solely by Kimchi's Cafe in BTM, distinguishing it from competitors and potentially appealing to a niche market segment.
Products & Services Overview
Our cafe offers continental, Chinese, and Korean cuisine. Our best sellers include boba, Korean fried chicken, pastas, and combo meals, which are particularly popular among students.
Assets Overview
Two 6-seater tables,
Ten 4-seater tables,
Four 2-seater tables, and a total of 56 chairs.
Facilities Overview
Own 1200 sq ft, 1st floor rental property with a monthly rent of INR 80,000 and an advance amount of INR 8 lakhs. Willing to sell the property, including the INR 8 lakh advance.
Capitalization Overview
The business is owned by single owner, who has 100% ownership.
There is no outstanding loans and liabilities on the business.
Recent Activity
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3 Buyers already contacted this Business. Register below to connect now!
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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