Profitable Restaurant for Sale in Visakhapatnam, India
One of a kind Gourmet, fine-dine restaurant with exclusive private dining, set in a heritage location in Vizag up for sale.
This transaction has concluded.
| Established | 10-20 year(s) |
| Employees | 50 - 100 |
| Legal Entity | General Partnership |
| Reported Sales | USD 490 thousand |
| Run Rate Sales | USD 410 thousand |
| EBITDA Margin | 60 % |
| Industries | Restaurants |
| Locations | Visakhapatnam |
| Local Time | 1:25 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
460 thousand
(Native Currency: INR 40,000,000)
Reason: Promoter not able to give enough time to the business.
Interested to connect with advisors
Business Overview
One of a kind Gourmet, fine-dine restaurant with exclusive private dining, set in a heritage location in Vizag up for sale.
Set in a picturesque location, in an upmarket Vizag, and hence thronged by the elite community.
Truly one-of-kind luxury facilities and gourmet cuisine matching foreign standards.
Spread over three floors, the restaurant has private dining areas, a 120 seater gourmet restaurant, balconies, set in elegant style.
1,700 Sq Ft in each floor, totaling to 5,100 Sq Ft, and a total dining capacity of 400 people. Balcony of 600 Sq Ft and dining at the grounds at an area of 1,200 Sq Ft. Car parking facility for up to a 100 cars at a time.
Monthly rent of Rs. 3 lakhs with a rental advance of Rs. 12 lakhs.
Authentic Indian and European cuisine, sought after by the aficionados.
Set in a picturesque location, in an upmarket Vizag, and hence thronged by the elite community.
Truly one-of-kind luxury facilities and gourmet cuisine matching foreign standards.
Spread over three floors, the restaurant has private dining areas, a 120 seater gourmet restaurant, balconies, set in elegant style.
1,700 Sq Ft in each floor, totaling to 5,100 Sq Ft, and a total dining capacity of 400 people. Balcony of 600 Sq Ft and dining at the grounds at an area of 1,200 Sq Ft. Car parking facility for up to a 100 cars at a time.
Monthly rent of Rs. 3 lakhs with a rental advance of Rs. 12 lakhs.
Authentic Indian and European cuisine, sought after by the aficionados.
Products & Services Overview
Authentic Indian and European cuisine, sought after by the aficionados.
Facilities Overview
1,700 Sq Ft in each floor, totaling to 5,100 Sq Ft, and a total dining capacity of 400 people. Balcony of 600 Sq Ft and dining at the grounds at an area of 1,200 Sq Ft.Monthly rent of Rs. 3 lakhs with a rental advance of Rs. 12 lakhs.
Capitalization Overview
Not Disclosed
Recent Activity
Tags:
Profitable Fine Dine Restaurant for Sale in Visakhapatnam, India
·Purchase Profitable Fine Dine Restaurant in Visakhapatnam, India
·Profitable Casual Restaurant for Sale in Visakhapatnam, India
·Purchase Profitable Casual Restaurant in Visakhapatnam, India
·Buy Profitable Fine Dine Restaurant in Visakhapatnam, India
·Buy Profitable Casual Restaurant in Visakhapatnam, India
·Profitable Restaurant for Sale in Visakhapatnam, India
·Purchase Profitable Restaurant in Visakhapatnam, India
·Profitable Fine Dine Restaurant for Sale in Vizag
·Buy Profitable Restaurant in Visakhapatnam, India
·Purchase Profitable Fine Dine Restaurant in Vizag
·Profitable Casual Restaurant for Sale in Vizag
·Purchase Profitable Casual Restaurant in Vizag
·Buy Profitable Fine Dine Restaurant in Vizag
·Buy Profitable Casual Restaurant in Vizag
·Profitable Fine Dine Restaurant for Sale
·Profitable Restaurant for Sale in Vizag
·Purchase Profitable Restaurant in Vizag
·Profitable Casual Restaurant for Sale
·Buy Profitable Restaurant in Vizag
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
