Newly Established Waffle Store for Sale in Bangalore, India

Franchise outlet of a well known dessert brand located in a prime location in Bangalore.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 50 thousand
EBITDA Margin
12 %
Industries
Locations
Local Time
1:11 PM Bangalore
Listed By
Business Owner / Director
Status
Active
Overall Rating
Full Sale
Asking Price: USD 21 thousand (Native Currency: INR 1,500,000)
Reason: Business owner is moving abroad for work and also has an existing family business to handle.
Includes physical assets worth USD 14 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
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.

Products & Services Overview

Waffles and waffle based dishes. We intend to begin offering milkshakes in the coming months.

Facilities Overview
Recent Activity
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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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