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Newly Established Restaurant for Sale in Bengaluru, India

Full sale: Successful 200-seater restaurant specializing in South Indian and continental cuisine.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales USD 480 thousand
EBITDA Margin 30 %
Industries Restaurants
Locations  Bengaluru
Local Time 12:30 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 400 thousand (Native Currency: INR 35,000,000)
Reason: We wish to sell the business as we have turned the business into a profitable unit. This is our busi... View More
Includes physical assets worth USD 28.4 thousand
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Frontage
Seating for 200
Business Overview
- Located in Bengaluru, our restaurant specializes in delicious South Indian cuisine as well as a variety of continental dishes, catering to both vegetarian and non-vegetarian preferences.
- With a team of 40 dedicated employees, we prioritize exceptional customer service to enhance the dining experience for our guests.
- Our business model focuses on acquiring distressed restaurant businesses, revitalizing them, and transforming them into profitable ventures.
- Last year, we successfully acquired a struggling continental restaurant, renovated it, and launched a revamped menu, which has drawn in more customers.
- We boast a seating capacity of 200, providing ample space for families and groups to enjoy their meals in a comfortable environment.
- During weekdays, we receive between 50-60 walk-in customers, and this number increases significantly on weekends, attracting around 160 diners.
- Currently, all sales are generated through dine-in services, enhancing the overall dining atmosphere, as we do not offer takeaway options.
Products & Services Overview
South Indian food is the top-selling product. We are also known for our continental cuisine (veg and non-veg) and cocktails.
Assets Overview
Kitchen equipment and furniture.
Intangible assets include the deposits for the building and license (INR 60 lakhs - included in asking price). Licenses include GST, PAN, labour license, and FSSAI.
Facilities Overview
Rented 5,000 sq ft facility on the 3rd and 4th floors of a building. We pay a monthly rent of INR 2.26 lakh, and the agreement is renewed on a yearly basis.
Capitalization Overview
Business is entirely funded by the 3 partners. Shareholding split is 44%, 16%, and 40% respectively. There are no debts or liabilities.
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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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