Newly Established Restaurant Investment Opportunity in Coimbatore, India
Established | 0-1 year(s) |
Employees | 5 - 10 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | Nil |
Run Rate Sales | USD 7.1 thousand |
EBITDA Margin | 30 % |
Industries | Restaurants |
Locations | Coimbatore |
Local Time | 10:39 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- We started actual selling last month.
- Currently operating two outlets, the business averages about 30 customers per day and is experiencing a steady increase in its customer base.
- We have 2 employees looking after the 2 stores and 7 employees in the central kitchen factory.
- The business aims to address the challenges posed by the lack of hygienic and affordable options in the food industry, positioning itself as a convenient and reliable choice for daily meals.
- We are also in research to increase the shelf life to 48 hours to manage fluctuations of demand.
- With a focus on providing popular South Indian dishes like Idli with chutneys and sambar, the business has received positive customer feedback, particularly for the taste and softness of its Idli and the unique flavors of its chutneys.
- Chapati, Uthappam and few Variety-rice are in research.
- The future expansion plan includes extending operating hours, providing a kiosk for convenient ordering, and implementing automatic vending machines at various locations.
- As a registered business with an FSSAI license, the business is committed to maintaining high standards of quality.
- Idli, chutneys, and sambar.
Each dish is packed in Individual packets and sold.
- Going to launch coffee and tea. Chapati and a few veg curries soon.
- Variety rice is also in the plan.
This is a concept-proven startup with very good customer feedback.
We are selling through two outlets currently open only in the evening for now and will expand the timings shortly. Preparing to add two outlets per month.
- Small office with furniture and computers.
- Kitchen with about 15 small food-making machines (like a wet grinder, dry grinder, spice grinder, Idli steamer, oven, freezer box, fridge) and one automatic machine to make south Indian snacks.
- Small workshop with few machines and tools suitable for assembling machines.
All these above are in one factory.
Two small retail centers (shops) in two different locations.
- 2,200 square feet factory, rent - 18K.
- 100 square feet outlet, rent - 6K.
- 70 square feet outlet, rent - 5K.
Currently, the business is a sole proprietorship and will be converted to a private limited company.
* Proposed stock/ownership.
- Founder 50%.
- Technical co-founder 10%.
- Family and friends 10%.
- Reserved for investors 30% (5% this round and 25% for later).