Newly Established Restaurant Equity Stake For Sale in Shillong, India
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 37.4 thousand |
| Run Rate Sales | USD 81 thousand |
| EBITDA Margin | Nil |
| Industries | Serviced Apartments + 1 more |
| Locations | Shillong |
| Local Time | 8:31 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
- We kicked off operations last year with just the hostel and have completed our first full year of operations in the hospitality market.
- The business was incorporated as a Private Limited entity only recently.
- This year, we added a restaurant to our offering, serving delicious vegetarian and non-vegetarian multi-cuisine dishes to our guests and locals alike.
- Our hostel has 13 welcoming rooms with a total capacity of up to 55 guests, with an average occupancy rate of around 50–60%.
- Currently, the restaurant can seat up to 25 diners, with estimated average daily footfall of around 10-20 customers.
- In our first year, we generated approximately INR 3–3.5 lakh per month, while this year, following the addition of the restaurant, monthly revenue has increased to around INR 6–7 lakh.
- The majority of our revenue comes from the hostel and restaurant, while tour operations currently contribute a smaller portion of overall revenue.
- The business operated at a loss during its first year and is currently at breakeven, with profitability projected by next year.
- We have recently developed our website to facilitate online bookings and make it easier for customers to access our services.
- The business has MCA and DPIIT Start-up registrations and is yet to apply for FSSAI registration.
- Restaurant services: Multi-cuisine dining, with a primary specialization in fresh local Khasi specialties. The restaurant serves hostel guests, local residents, and other visitors.
- Tour operations: Travel and tour services for guests and travelers visiting Shillong and surrounding destinations, currently contributing a smaller portion of overall revenue.
Intangible assets include the brand, customer relationships, and website.
No outstanding loans or external funding raised.
There are 2 directors.