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Newly Established Restaurant for Sale in Bengaluru, India

For sale: Casual dining restaurant serving veg and non-veg thalis and parathas in Koramangala, Bengaluru.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 33 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Restaurants
Locations  Bengaluru
Local Time 4:08 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 11 thousand (Native Currency: INR 1,000,000)
Reason: Owner is relocating far away and cannot continue managing the restaurant.
Includes physical assets worth USD 11 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
FSSAI License
Business Overview
- Non operational restaurant in Bangalore.
- The business has a seating capacity of guests.
- Operations were stopped last year August due to owner not having enough time.
- Generated 50-55 bills a day.
- Business had 70% of sales through dine in, and managed deliveries through Swiggy and Zomato.
- Holds a valid FSSAI.
Products & Services Overview
Casual dining restaurant offering vegetarian and non-vegetarian thalis, chapatis, parathas and beverages for dine-in and local takeaway customers.
Assets Overview
Included assets comprise complete commercial kitchen setup (cooking ranges, exhaust, refrigeration, storage units, utensils), dining furniture and fixtures (tables, chairs, counters), POS and billing system.
The intangible assets include existing food business licenses including FSSAI registration.
Facilities Overview
Restaurant premises of approximately 800 sq ft with seating for 25–30 guests, in Koramangala 4th Block.
Premises are on lease with monthly rent of INR 38,000 plus GST and a refundable security deposit of INR 2 lakh. Lease tenure valid until February this year. FSSAI registration for the outlet was valid up to 12 the January of this year.
Capitalization Overview
Business operates as a sole proprietorship. Funding structure and any outstanding debts or loans are not specified; ownership is held by a single proprietor.
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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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