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Newly Established Restaurant for Sale in Chennai, India

Profitable open-air restaurant with a lake view on the main road receiving 40-50 daily walkins.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 35 thousand
EBITDA Margin 40 %
Industries Restaurants
Locations  Chennai
Local Time 6:40 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 24 thousand (Native Currency: INR 2,050,000)
Reason: The promoter is relocating to a different city.
Includes physical assets worth USD 20 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Front Entrance
Business Overview
- Strategic location: Situated on the main road in Chennai, offering a picturesque lake view, enhancing the dining experience in an open-air setting.
- Diverse menu offering: The restaurant boasts an extensive menu featuring a fusion of Indian, Chinese, and tandoori dishes. Popular items include fried chicken, biryani, and ice cream, catering to both vegetarian and non-vegetarian patrons.
- Strong online presence: The restaurant successfully capitalizes on online food delivery platforms such as Swiggy and Zomato, with over 30 daily orders contributing to 40% of overall sales.
- Operational efficiency: Runs with a lean workforce of 4 employees, ensuring efficient operations from 11 am to 11 pm, accommodating both lunch and dinner crowds.
- Steady foot traffic: Regularly serves 40 to 50 walk-in customers daily, highlighting consistent local patronage and brand loyalty.
- Turnkey business model: Fully equipped with all necessary cooking instruments, making it ready for immediate business without additional setup time.
- High demand for quick bites: Catering to varied tastes, the restaurant's quick bites like sandwiches complement its more comprehensive meal offerings, appealing to a broad customer base.
- The restaurant has started recently and does not have reported yearly revenue.
- Registered with FSSAI license.
Products & Services Overview
Our restaurant's top-selling items include a variety of Indian, Chinese, tandoori dishes, and quick bites, all served under one roof. Popular choices include fried chicken, ice cream, biryani, and sandwiches, with both vegetarian and non-vegetarian options available.
Assets Overview
Tangible assets: furniture, kitchen equipment, all the fixtures and fittings.
Facilities Overview
We operate from a rented open-air restaurant with a lake view and a cool ambience. The total area is 1,000 sq. ft. , with 650 sq. ft. for dining and 350 sq. ft. for the kitchen. The rent is INR 25,000, with a security deposit of INR 2 lakh. The seating capacity is over 35, with an additional 12 outdoor seats.
Capitalization Overview
Has an INR 8 lakh loan, which will be cleared at the time of sale.
Sole proprietorship firm.
Recent Activity
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4 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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