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Newly Established Restaurant for Sale in Thoothukudi, India

For sale: Profitable pure veg restaurant on Thoothukudi to Tiruchendur highway, with 200+ daily customers.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 96 thousand
EBITDA Margin 20 %
Industries Restaurants
Locations  Thoothukudi
Local Time 3:52 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 40 thousand (Native Currency: INR 3,500,000)
Reason: We are selling the business due to family financial issues.
Includes physical assets worth USD 40 thousand
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Business Overview
1. Location Advantage: The restaurant is strategically located on the Thoothukudi to Tiruchendur highway, providing easy access to local customers and travellers.
2. Strong Customer Base: The main customer source is Tiruchendur's devotees, so the restaurant serves over 200 people daily.
3. Unique Selling Proposition: The business is the only pure vegetarian restaurant within a 15 km radius, offering a unique advantage in the area.
4. Diverse Menu: The restaurant offers a variety of popular items, including dosas, parottas, and meals, catering to different meal preferences throughout the day.
5. Operating Hours: With operating hours from 7 am to 11 pm, the restaurant captures breakfast, lunch, and dinner, as well as tea, coffee, and juice sales, maximizing revenue potential.
6. FSSAI Registered: The business is registered with an FSSAI license, which ensures compliance with food safety and quality standards and enhances its credibility.
7. Growth Potential: The restaurant has good potential for growth, given its location, diverse menu, and existing customer base, presenting an opportunity for expansion or increased profitability.
Products & Services Overview
The business's top-selling items include:
- Dosas.
- Parotta.
- Meals.
We are a pure vegetarian restaurant.
Assets Overview
Tangible assets: all the kitchen equipment, fixtures, fittings and the whole set-up.
Facilities Overview
The restaurant is situated on the Thoothukudi to Tiruchendur highway, lots of travellers and devotees cross the restaurant to reach Tiruchendur, has a total area of 4,500 sq ft area, has a 400 sq ft AC room that can accommodate 25 people, and 50 people can accommodate in the open garden area. Has a vast and well-ventilated kitchen in 1,200 sq ft space, which is set up with all major kitchen equipment and vessels. Has 2 washrooms, parking is available, all of the infrastructure is made from the iron structure and is a portable model, which can be relocated any time, and the AC room is made out of a shipping container and also is moveable.
Rent - INR 20k per month.
Capitalization Overview
The business is 50% funded by the promoter's funds and 50% funded by the bank with a loan of INR 25 lakh. The debt will be cleared after the transaction and the business is a sole proprietorship.
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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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