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.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 46 thousand
EBITDA Margin
12 %
Industries
Locations
Local Time
9:03 PM Bangalore
Listed By
Business Owner / Director
Status
Active
Overall Rating
Full Sale
Asking Price: USD 15 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 13 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.

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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This transaction has concluded. Similar business opportunities on SMERGERS
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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