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Newly Established Waffle Store for Sale in Chennai, India

Well established food cafe with desserts and food having high foot fall for sale.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales USD 31 thousand
Run Rate Sales USD 33 thousand
EBITDA Margin 30 %
Industries Ice Cream Parlors + 1 more
Locations  Chennai
Local Time 9:15 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 20 thousand (Native Currency: INR 1,800,000)
Reason: The owners have another business that they wish to focus on.
Includes physical assets worth USD 17.8 thousand
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Business Name
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Business Overview
- Waffle store established in prime location in Selaiyur that also sells kulfi.
- Offers a wide range of Belgian-style waffles with customizable toppings.
- 80% revenue from dine-in and delivery platforms like Swiggy and Zomato contribute 20%
- We draw 20–40 daily walk-in customers, especially during evenings and weekends.
- Fully compliant with FSSAI and local health regulations, ensuring smooth operations.
- We own the waffle brand while we have taken a franchise of the kulfi brand. There is no ongoing royalty payment and only stock is acquired from kulfi brand.
- The buyer will get the waffle brand, kulfi brand's franchise agreement (renewed every year), FSSAI, GST, and all the physical assets of the outlet.
Products & Services Overview
- Our best selling products are pizzas, waffles and snacks items to retail customers.
- We have an 80:20 revenue split among offline and online sales.
- We also sell kulfi ice cream in the store.
Assets Overview
The tangible assets include:
- Complete kitchen setup. Includes electric fryer and other machines for Burgers, wraps and Sandwich, deep freezer, dough kneading machine, exhaust system, refrigerator, induction cook top, wall mounted storages and SS tables.
- Seating area setup. 4 tables, 14 chairs, counter table.
-includes DG to ensure that ice creams don't melt, DG automatically flips over in case of a power cut.
Facilities Overview
- This property is under a monthly rental basis and having 400 sqft area.
- Monthly rent is INR 32,000.
- Deposit included in the asking price.
- Located on the ground floor.
- Buyer can seamlessly continue operations from this same location.
Capitalization Overview
This business is funded by a partnerhsip firm having 3 members in it is debt free.
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13 Buyers viewed this Business this week. Register below to connect now!
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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