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Newly Established Restaurant for Sale in Bengaluru, India

Newly started restaurant in HSR Layout serving Chinese and North Indian cuisine.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Restaurants
Locations  Bengaluru
Local Time 6:53 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 21.7 thousand (Native Currency: INR 1,900,000)
Reason: Seeking an experienced buyer. The owner is a newly graduated student and is not experienced enough t... View More
Includes physical assets worth USD 21.7 thousand
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Business Name
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Business Overview
- Restaurant is located in HSR Layout, Sector 1, Bangalore. It specializes in Chinese and North Indian cuisine, with top-selling dishes contributing to its popularity.
- Started only a few weeks back, and we don't have concrete sales figures to report.
- Have a seating capacity for 50 customers.
- The owner is a recent graduate who is inexperienced in the sector and cannot manage the operations. As a result, we have decided to sell it to an experienced buyer.
- All the assets are recently acquired, and the business just needs working capital to function and start becoming profitable.
Products & Services Overview
Serves popular Chinese and North Indian dishes to local customers.
Assets Overview
50 chairs.
15 wooden tables.
2 stoves.
Tandoor.
Deep fridge 2, 1 normal fridge,
Tava.
Batter mixer.
Gravy machine.
Racks x9.
4 counters.
Lease deposit of INR 5 lakhs.
Intangible assets include the brand name and the FSSAI License.
Facilities Overview
2,200 sq ft rented space on the 1st floor, with INR 5 lakh deposit and INR 55k monthly rent. The landlord gave a low rent due to the owner being a student, and the rent will have to be renegotiated.
Capitalization Overview
No outstanding loans; fully owned by the current 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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