Newly Established Waffle Store for Sale in Bangalore, India
Established | 1-5 year(s) |
Employees | 2 - 5 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | Nil |
Run Rate Sales | USD 40 thousand |
EBITDA Margin | 12 % |
Industries | Waffle Stores |
Locations | Bangalore |
Local Time | 12:10 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- 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.
Waffles and waffle based dishes. We intend to begin offering milkshakes in the coming months.
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.
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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, Bangalore, Individual Investor / Buyer connected with the Business