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Newly Established Restaurant for Sale in Vijayawada, India

For Sale: Fine dining restaurant in Vijayawada with seating capacity of 90.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales USD 40 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Restaurants
Locations  Vijayawada
Local Time 10:12 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 105 thousand (Native Currency: INR 9,000,000)
Reason: Due to insufficient profits and limited operating capital, we were unable to sustain operations as p... View More
Includes physical assets worth USD 94 thousand
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Business Overview
- This establishment is a family fine dining restaurant strategically located in Vijayawada, known for its eclectic mix of Indian, Chinese, and Tandoori cuisines, catering to both veg and non-veg preferences, currently non-operational.
- The restaurant is distinctively housed in an impressive L-shaped, two-story building with transparent glass walls, offering an inviting and elegant ambiance complemented by plush sofas and comfortable chairs on the ground floor.
- The average monthly sales figure is currently unavailable as operations have been suspended for the past two months. The sales did not decline; the business was paused voluntarily.
- The dining space is substantial, boasting a seating capacity of over 90 guests, ensuring an accommodating environment for both intimate dinners and larger gatherings.
- A multifunctional hall with a capacity to host 100 people is under construction, poised to provide an additional venue for events and celebrations, promising future expansion.
- The former operational success of the restaurant is evidenced by a solid average rating of 4.3 stars on Google, reflecting customer satisfaction and repeat patronage prior to the current hiatus in operations.
- The culinary team comprises experienced chefs with varied tenures ranging from 2 to 15 years, whose expertise in delivering quality dishes can be a valuable asset for prospective new management.
Products & Services Overview
Our best-selling dishes include both vegetarian and non-vegetarian options across Indian, Chinese, and Tandoori cuisines. Signature items like 'Ronaldo Chicken' are especially popular among local families.
Assets Overview
Tangible assets:
Kitchen equipment, brand elements, glassware, and a cozy, inviting ambiance.
Intangible assets:
FSSAI registration, skilled labor, trade license, and rental agreement.
Facilities Overview
The property spans 5,200 square feet and is on a rental basis. We pay a monthly rent of INR 1.2 lakhs.
Capitalization Overview
We are four partners who funded the business entirely through our personal savings, with no outstanding debts. The shareholding structure is as follows: two partners hold 30% each, and the other two hold 20% each.
Recent Activity
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1 Buyer contacted this Business this week. 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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