Newly Established Waffle Store for Sale in Bangalore, India
Franchise outlet of a well known Waffles brand located in a prime location in Bangalore.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 37.6 thousand |
| EBITDA Margin | 12 % |
| Industries | Waffle Stores |
| Locations | Bengaluru |
| Local Time | 2:10 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
12 thousand
(Native Currency: INR 1,100,000)
Reason: Business owner is moving abroad for work and also has an existing family business to handle.
Includes physical assets worth
USD
10.8 thousand
Business Overview
- Franchise outlet of a well know waffles brand.
- The outlet is situated in a well know area in East Bangalore.
- The area has excellent footfall and good connectivity with a lot of other foods & restaurant brands close by.
- Around 60-65% of our revenue comes from online orders and the rest from store walk-ins.
- The store is well designed and has a seating capacity for 6 people.
- Receive online orders through Swiggy & Zomato.
- The sale price of INR 25 lakh includes a refundable building deposit of INR 7 lakh and the brand fee which has already been paid and is valid for a period of 5 years.
- A royalty equal to 6% of the net sales has to be paid to the parent brand and some of the raw materials must be bought from the parent brand.
- Buyer will have to sign an agreement with the Master Franchise at no cost and acquire a separate trade licence.
- The outlet is situated in a well know area in East Bangalore.
- The area has excellent footfall and good connectivity with a lot of other foods & restaurant brands close by.
- Around 60-65% of our revenue comes from online orders and the rest from store walk-ins.
- The store is well designed and has a seating capacity for 6 people.
- Receive online orders through Swiggy & Zomato.
- The sale price of INR 25 lakh includes a refundable building deposit of INR 7 lakh and the brand fee which has already been paid and is valid for a period of 5 years.
- A royalty equal to 6% of the net sales has to be paid to the parent brand and some of the raw materials must be bought from the parent brand.
- Buyer will have to sign an agreement with the Master Franchise at no cost and acquire a separate trade licence.
Products & Services Overview
Waffles and waffle based dishes. We intend to begin offering milkshakes in the coming months.
Facilities Overview
Leased area of 240 sq. ft. with well done interiors. The facility is on the ground floor next to several established brands. Monthly lease rent is INR 70,000 + GST. The rental deposit is INR 7 lakh which is included in the sale price and is fully refundable at exit.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysMaintenance Supervisor, Food Processing And Distribution, Dharwad, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Hotel And Restaurant, Delhi, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysHR Manager, Food Production, Bengaluru, Individual Investor / Buyer connected with the Business
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