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Restaurant for Sale in Kolar, India

For Sale: Newly started air conditioned restaurant with a seating capacity of 40 pax.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 130 thousand
EBITDA Margin 30 - 40 %
Industries Restaurants
Locations  Kolar
Local Time 11:23 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 40 thousand (Native Currency: INR 3,200,000)
Reason: The promoter is unable to maintain the restaurant because they are moving to another place with thei... View More
Includes physical assets worth USD 36 thousand
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Business Name
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Documents
FSSAI Certificate
Labour Licence
GST Certificate
Business Overview

- We are a newly started restaurant of a popular franchise brand.

- Have a seating capacity of 40 pax and the restaurant is divided into two sections where one section is air-conditioned and the other is not. We provide home delivery services as well, users place their orders directly by phone.

- Currently, on average we receive 50-60 orders each day and the average order value ranges between INR 130-220.

- Before the lockdown, we received 150 to 200 customers daily dining in and generated INR 30,000-INR 40,000 per day.

- The franchise agreement is valid for 5 years out of which 4 months have lapsed and the franchise is transferable to the buyer. We have agreed to pay a 2% royalty each month to the franchise partner.

- Our company was registered last year but our operations started this year.

Products & Services Overview

Offers a wide range of non-vegetarian snacks and main course dishes.

Assets Overview

All the interior and exteriors items including kitchens equipment and utensils.

Facilities Overview

Rented facility of 80x30 feet area on the ground floor with a monthly rent of INR 22,000.

Capitalization Overview
Not Disclosed
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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