Newly Established Restaurant for Sale in Hyderabad, India

Company selling an Airbus 320 airplane which is currently being customized into a restaurant.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
0 - 10 %
Industries
Locations
Local Time
10:32 AM Hyderabad
Listed By
Business Owner / Director
Status
Active
Overall Rating
Full Sale
Asking Price: USD 600 thousand (Native Currency: INR 45,000,000)
Reason: Selling the airplane due to shortage of funds. We are also open to an investment for completing the ... View More
Includes physical assets worth USD 270 thousand
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Business Name
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Business Overview

- Business was involved in setting up an airplane restaurant and purchased an Airbus 320 plane in an auction from a private aviation company.

- However, the funding required exceeded our expectations and we are in shortage of funds to complete the project.

- Currently, the airbus 320 is being customized for restaurant purpose and the interior furnishings are underway. The customization is done by the same company which did an airplane restaurant in another city.

- Once operations begin, this would be one of its kind restaurant in South India.

- The airplane would have a seating capacity for 70 customers, and the land we plan to take on a lease will have a seating capacity for another 300-400 customers.

- The customization is underway in Bangalore and is expected to be completed in 2 months.

- Buyer will have to further spend on kitchen equipment, and licenses to get the restaurant operational.

- We are also open to an investment for completing the project.

- Business owned assets include the airplane.

Products & Services Overview

Airplane themed restaurant, air lounge, and air bar.

Facilities Overview
Recent Activity
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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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