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Restaurant for Sale in Hubballi, India

For Sale: Award winning Dum Biryani restaurant in Hubli, Karnataka.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 32 thousand
Run Rate Sales USD 32 thousand
EBITDA Margin 20 - 30 %
Industries Restaurants
Locations  Hubballi
Local Time 5:47 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 20 thousand (Native Currency: INR 1,600,000)
Reason: I am from a business consulting background with a strong interest in cooking. After building this bu... View More
Includes physical assets worth USD 20 thousand
Documents
Labour License
Business Overview

- Award-winning self-service restaurant in Hubli serving Dum Biryani.

- Perfectly located in a prime location in a North East corner building, adjacent to the city bus stand.

- Around 60-70% of our revenue comes from dine-in clients with the rest coming from online aggregator sites such as Zomato and Swiggy.

- Seating capacity of 25 pax across 6 tables.

- The entire facility is air-conditioned and is operated by 2 permanent kitchen staff and 2 contract cleaning staff.

- The restaurant utilizes unadulterated and chemical-free food ingredients that meet all the FSSAI regulations.

- Have already won 2 prestigious industry awards in the last 6 months of operations which includes an award by Chef Sanjeev Kapoor.

- Also have earned a rating of 4.5 / 5 on Google reviews.

- The furniture and kitchen equipment is recently acquired and would require no repair / replacements in the foreseeable future.

Products & Services Overview

Dum biryani and other authentic side dishes like peri-peri kebab, Ghud sharbat, Desi Golas (meatballs) and more.

Facilities Overview

Total rented area of 700 sq feet, with a 5 years rental lock-in term of which 6 months have passed. The monthly rent is INR 35,000 with an agreed 5% increment every year. The deposit is INR 2 lakh which is included in the sale price. The entire facility is air-conditioned.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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