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Newly Established Restaurant for Sale in Visakhapatnam, India

For Sale: Franchised restaurant in Visakhapatnam, receiving 70-80 orders on a daily basis.
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 4 thousand
Run Rate Sales USD 19 thousand
EBITDA Margin 19 %
Industries Restaurants
Locations  Visakhapatnam
Local Time 4:24 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 14 thousand (Native Currency: INR 1,200,000)
Reason: Cannot not manage by myself.
Includes physical assets worth USD 14 thousand
Interested to connect with advisors
Business Overview

- A running franchised restaurant with a seating capacity of 24 pax.

- Have excellent staff and good customer base. Restaurant is beautifully designed and very well maintained with utmost cleanliness and hygiene.

- On an average we receive 70-80 customers on a daily basis.

- We pay 6% royalty to the franchisor and 4 years are left on franchise license before it comes up for renewal.

- We began our business in the middle of last year. Therefore the sales were limited.

- Our assets include kitchen equipment, furniture, customer database.

Products & Services Overview

We serve fresh crispy chicken, waffles, burgers, veggie items, mojitos, wraps, chicken rods, soft drinks, crushers, milkshakes.

Facilities Overview

Rented facility with area of 580 Sq. Ft. The building has G+2 floors, with the shop on the ground floor and facing the road (East).

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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