Newly Established Take Away for Sale in Virar, India

For Sale: Fast food takeaway outlet in Virar with average sales of INR 3,500/day.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 24 thousand
EBITDA Margin 15 %
Industries Take Aways
Locations  Virar
Local Time 5:01 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 9 thousand (Native Currency: INR 700,000)
Reason: Promoter is seeking retirement from this business and does not wish to run it anymore.
Includes physical assets worth USD 5.4 thousand
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Business Overview

- A fast-food takeaway outlet in Virar that serves vada pav, sandwiches, coffee, and aloo paratha.

- Currently operating, and generating a revenue of INR 3,500 / day.

- Before the COVID- 19 pandemic we received an average footfall of 500 customers and generated a daily revenue of INR 7,000.

- Registered recently on Zomato for online orders.

- Promoter and his family runs the entire business on their own and do not have any other employees.

- Outlet is located in a prime location in Virar near Mumbai which is close to several offices.

- Physical assets include a deep freezer, gas bhatti, tea thermos, and an inverter.

- Furniture & fixtures include a cash counter, chairs and stools.

- Have a good shared parking space where at least 10 vehicles can be parked.

- Buyer will acquire the brand, business with the equipment, and the complete set-up.

Products & Services Overview

Vada pav, sandwiches, coffee, tea, and aloo paratha.

Facilities Overview

Rented facility with a built-up area of 200 sq. ft with a monthly rent of INR 22,000 and a deposit of INR 1 lakh. Agreement can be renewed every year.

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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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