Nightclub for Sale in Morjim, India
Non-operational restaurant, bar, and nightclub in Morjim with 60 seats and high footfall potential.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 14 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Restaurants + 1 more |
| Locations | Morjim |
| Local Time | 11:17 AM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
820 thousand
(Native Currency: INR 70,000,000)
Reason: The owner wants to focus on his other ventures.
No upfront or success fee will be charged from the ...
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Includes physical assets worth
USD
800 thousand
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Business Overview
- Non-operational restaurant with bar, and nightclub located in Morjim.
- The business, currently not operational, ceased its operations around 3-4 months back as the owner is planning to sell it off.
- The establishment is strategically located in Morjim, within walking distance from the beach and near guest houses, ensuring a potentially high footfall from tourists and locals alike.
- The business is spread across the ground and first floors, with the ground floor housing the restaurant, bar, and nightclub with a seating capacity of 60. The first floor was used for storage and staff rooms.
- When operational, the business had a daily footfall of 100+ patrons.
- With proper operations, growth projections indicate potential annual revenue of INR 80 lakhs to 1 crore.
- The business holds a valid FSSAI license.
- The business, currently not operational, ceased its operations around 3-4 months back as the owner is planning to sell it off.
- The establishment is strategically located in Morjim, within walking distance from the beach and near guest houses, ensuring a potentially high footfall from tourists and locals alike.
- The business is spread across the ground and first floors, with the ground floor housing the restaurant, bar, and nightclub with a seating capacity of 60. The first floor was used for storage and staff rooms.
- When operational, the business had a daily footfall of 100+ patrons.
- With proper operations, growth projections indicate potential annual revenue of INR 80 lakhs to 1 crore.
- The business holds a valid FSSAI license.
Products & Services Overview
The restaurant was serving Goan, Chinese and Continental cuisine and alcohol, both veg and non-veg.Additionally, there is also a nightclub with a DJ and dance floor.
Sales channels are dine-ins.
Assets Overview
Physical assets include land & property which constitutes 70%-80%, the rest is furnishings, fixture, kitchen and serving equipment.
Facilities Overview
Own property of 420 sqm, located in Morjim Beach Road, Morjim.
Capitalization Overview
Self-funded.No outstanding loans.
There is 1 owner, holding 100% shares in the business.
Recent Activity
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Earlier than 15 daysDirector, Oil & Gas, Delhi, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysExecutive Administration, Glass, Ceramics And Concrete Manufacturer, Mumbai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Plastic Product Manufacturer, Indore, Corporate Investor / Buyer connected with the Business
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